Disney
$DIS True Bullish Divergence (?)We can see on Disney monthly chart that as the price returning at the level of 85$ in the Rsi chart the line is going down and down. So as it appears we might see a true bullish divergence. In addition that $85 level is a strong support zone and the volume in the last candle was very strong i think that the trend might changes and reverses from that point.
(But is also the coronovirus matter in the other hand so..)
$700 in 15mins on SPY and DISNice comeback from yesterday's carnage. Going to be more conservative throughout the rest of the day.
"Disney: two possible scenarios" by ThinkingAntsOk4H Chart Explanation:
- Price is on the Ascending Trendline.
- Two possible paths from here: a) breakout and continue the down move. b) up move towards the All Time Highs.
- Wait for a confirmation that indicates which of the two scenarios is the correct.
Weekly Vision:
Daily Vision:
Updates coming soon!
"Disney: Top and Bottom Analysis" by ThinkingAntsOk4H Chart Explanation:
- Price is on an important Support Zone + Weekly Ascending Trendline.
- Expect price to bounce from here towards the next Resistance Zone.
- If price breaks it, potential to move up towards the All-Time Highs Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
DISNEY - Gap Filled on the ShortHuge gap filled on the short in the daily Disney chart.
Price is currently hovering just above the Weekly 200MA support. We're looking to see if these levels hold to see the stocks next move. Stock is now down around -23% since it's ATH in late 2019. RSI is showing oversold in the daily and we're not entering oversold on the weekly charts as well. If levels hold, this could be a greay BUY opportunity. We're sidelined for now.
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Disney Stock Fall Due to CEO ResignationShares of Disney fell about 2.5% after hours.
Every one love Disney movie. Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced Tuesday.
I love this their products and film and sure to known to the kids this days. Film like :-
1. Maleficient
2. Frozen 1, 2
3. Toy Story
4.WRECK it Ralph (one of my best movie!)
5. Brave
6. Tangled
7. Tarzan 1999
These are among their products which we grow with all along those movies. When something like this happen like CEO resignation will always brings the bad impact to the stock. It is very sensitive towards the movement of the company.
By holding a short position upon the event, could be benefit among the investor in a short run. Stock normally tends to support by positive movement and positive goal run from the company. Bob has build a reputation along his career. So people that believe in him will always support the company share price. We might see Disney stock slump until the confident among investor build. This will take some times to recover since it is just beginning of a slump.
By Zezy Zaza
BILL ACKMAN, JOHN PAULSON & SARAH KETTERER UPS STAKE IN VIAC Here's yet more BULLISH news for VIACOMCBS (VIAC)
We feel along with several other large institutional investors that VIAC is DIRT CHEAP!
News Releases..
www.benzinga.com
www.gurufocus.com
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"Disney: Bull Vision" by ThinkingAntsOk4H Chart Explanation:
- Price broke the All Time Highs Zone.
- Price is on a Correction before continuing the up move.
- If price breaks the Corrective Structure and Resistance Zone, it has potential to move up towards the Fibo Levels.
Weekly Vision:
Daily Vision:
Updates coming soon!