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Disney

DIS Disney in a Long-Term Correction. What's next?DIS (The Walt Disney Company) is an old favorite for many who have had it or have it in their long-term portfolios, especially with this stock's long-term history. The last 10-20 years have been some of the best for Disney with Bob Iger at the helm and the successful M&A, Creative, Movie launches and much more (Star Wars, MARVEL, New acquisition of FOX properties and much more). The upward momentum for Disney seemed like it would never end. That is, until the pandemic of 2020 proved that Disney was overexposed. Whether theme parks, movie release and launch delays and compromises, and ESPN sports covering nothing interesting for several months, the trifecta took hold and saw DIS take a 50% retracement off its high in just a few weeks. DIS proved resilient. Having already invested in the future of digital with Disney+ and bringing in a new CEO Bob Chapek to lead the new chapter of Disney, there was a glimmer of hope for Disney. Still, long-term market cycles (note my WEEKLY chart) don't recover overnight. Expect DIS to continue seeing volatility in this large consolidation pattern. One might unfortunately link the stock's performance directly to sentiment on the pandemic and any hopes for a vaccine and re-opening of the economy, especially entertainment venues and attractions which Disney is overly dependent on. DIS is a risky stock in the short to mid-term but can be a fun stock to trade while raising money to save a few shares in your long-term investment portfolio.
NYSE:DIS
by Shadowfigure
$DIS holding up well (potential value play)This is the weekly chart for $DIS. In April '19, a huge volume spike propelled the stock out of its multi year trading range. It went on to trade as high as $153 a few months later, before falling back to its range. Early last month, we see a similarly huge volume spike out of its trading range. Prices held, just like what it did back then; more importantly, the recent sell off in tech did not hit other industries as hard -- this is possibly a sign of sector rotation towards value stocks. I have a small position in $DIS and am looking at a target of around $150
NYSE:DISLong
by zachyam
Who doesnt <3 growing up with Disney?Currently close to a very strong resistance point at around 128-130 range the next support resistance point is at 116-117 range. Key pointers; like a portfolio, Disney is a great diversified business - media - theme parks - hotels & cruise - merchandise & royalties - Disney+ (recently Mulan movie featured there!) Theme Parks / hotels & cruise account for around 35% of the over business of Disney and though badly impacted, they are still generating through merchandise / royalties (oh the number of products lunches with other brands during recessions are staggering), entertainment channels and subscription through Disney+. If can only get bigger! 2nd Nov Target Price - Low / $138 2nd Nov Target Price - High / $152
NYSE:DISLong
by Furball_Machines
3
DIS - Walt Disney buy support zonesHello traders, Description of the analysis: Walt Disney Company ( DIS ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
NYSE:DISLong
by Jacob_Kovarik
DISNEY - 3 Years Away From 100 Year CelebrationDisney is 3 years away from approaching their 100 year anniversary amidst arguably the worst curve ball the company has faced, a global pandemic. Cruises, theme parks, and movies have been absolutely crushed along with their revenues from these operations. Don't forget Disney also owns ABC, ESPN, and FX Network. The good news is, theme parks have begun to slowly open following strict protocols, Sports are beginning to pick up and the NBA especially has done a great job with their bubble in Orlando. The NBA Finals alone brought in $288 million in advertising revenue in 2019. The Super Bowl drew $336 million in 2019. The highest mark the NBA has brought in ad revenue for the finals over the last five years was $366 million. NBA viewership is currently 49% higher than the 32 million that tuned in during the first 12 days of the season which is great news. Aside from a majority stake in Hulu (not doing as well as hoped), Disney+ is absolutely crushing it with over 60 million subscribers so far, just so you can compare, Netflix has over 180 million, so there is still plenty of room for growth. Disney has also secured some more cash at the current rates: $1.75 billion due five years from now, in 2025, carrying an interest rate of 3.35%. $500 million due in seven years (2027), with an interest rate of 3.7%. $1.25 billion due in 10 years (2030), with an interest rate of 3.8%. $750 million due in 20 years (2040), with an interest rate of 4.625%. $1.75 billion due in 30 years (2050), with an interest rate of 4.7%. TA: At the moment, we're noticing a possible cross on the daily MACD to the downside. The histogram already broke below on Friday. If it dips, we like the $122-$117 area closing that gap for buys if we get to that range. Any break below the $117, and next stop we would look at $109 for support. The current Gap was a runaway gap, so there is a possibility we don't get there. Either way we'll be watching closely if the opportunity presents itself. Give us a follow and shoot us a Like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise
Editors' picks
NYSE:DISLong
by MannyLo
5
#DIS -1D - 19.07.2020#DIS, another mayor US company on its way to recover the field lost on COVID19 crisis. What it is amazing about this chart, is that it is creating a perfect theoretical bearish pennant. On the other side, PE ratio is indicating 40.30. #DISNEY is fundamentally overprice and validates a possible break down of the tendency. MACD and RSI without a clear direction. Behavior and volume near first and second resistance will be crucial to confirm or invalidate this bearish pennant. www.dailyfx.com
NYSE:DISShort
by aoberninger