$DIS Parallel Downtrend ContinuesNYSE:DIS Parallel Downtrend Continues, looking for double bottom to hold support. Will take a small position if it gets there. Stop out on a weekly close below the double bottom.
Disney
Disney Finding It's Place In The MarketHistorical Performance: Over the years, Disney's stock has shown long-term growth and has been considered a stable investment for many shareholders. However, it's important to note that past performance is not indicative of future results, and the stock market can be subject to fluctuations and risks.
With all of its attractions and streaming products disney will be here for a while and I do think looking at it short term it's been consolidation quite abit at these levels.
On the visible rang volume profile it shows on the 4 hr chart it show consolidation levels at 88.46 - 89.19 and 91.68 - 92.81. If disney falls under 88.46 if could possibly test 87.34 again.
It also shows point of control at $92.25. which means it there's a lot of buying pressure at that level.
It has a huge gap to fill starting at $95.10 all the way up to 96.61. That leads me up to the earnings. The cause for that drop came from a missed earnings which out of the last 6 they missed 3 and beat 3 every other one. If were being optimistic since they missed the last one they should beat this earnings coming up bases off pattern. But, Of course a lot of other things play into their financials.
Looking for a run up prior to earnings to at least mid 90s if it cant break these consolidation zone.
I do think this is more of a long term hold. Next resistance after gap fills we should see disney at the $100 levels.
Trade Responsible,
#TradeTheWave
Disney - In Danger TerritoryLose $84 on a high time frame close, we will easily see a target of T1= $70 followed by a main T2= $50. Go woke, go broke bums.
On the contrary, this is the optimal point to go long to play a swing trade if you have faith in disney bouncing back. Stop loss around $84, targets of T1 = $102, T2= $115. I would have to reassess at that point. Wouldn't anticipate resistance flipping on a bounce.
Disney stocks are now emerging from a weak triangular !Disney stocks are now emerging from a weak triangular oscillation pattern!
This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section of 2020. As shown in the figure, Disney stocks fell unilaterally after completing the head and shoulder positions from March to September 2021! In the past year, Disney's stock market has shown a relatively low large triangle consolidation pattern, with bulls powerless! For a period of time in the future, just use the lowest point in 2020 as the watershed to determine the strength of Disney stocks, above it, slightly strong, and below it, slightly weak!
Has Disney Bitten off more than they can chew? Target $23.30Head and Shoulders has formed on Disney.
Since 2021 at the high of $202.00, the market has crashed down to $89.00
Technically, it's really not looking good for the giant.
21>7
RSI<50
My unfortunate target for Disney is to $23.30.
It sounds ridiculous and it is crazy, considering how they bought Pixar, Marvel, Lucas Films.
I trust the company will get out of the doldrums and I will revisit my analysis. But for now it seems like downside is to come.
Wyckoff Accumulation pattern on DisneyIf we can hold these lows, I believe that there's an accumulation going on that could reverse the Macro downtrend on Disney. ~$90 has been a very important price point for Dinsney in the last 8 years.
This thesis supported by: the stock finding itself at the lows of March 2020, the Monthly RSI being at ~39 and Monthly Hidden Bullish Divergence forming inside of a Falling Wedge.
Disney Should Start to Rip FacesDisney is hitting a trendline from 1998 and 2020, it's chart VS SPX looks amazing and longterm bullish here, at $88 and target is wherever the top of the megaphone lands, maybe $360 if I had to guess, cheers!
I might want to own DisneyI might want to own Disney as my first stock. Now this is why!
Are you aware that Netflix stopped allowing users of different IPs to log in and watch the show, even when you had a premium subscription?
That means, even if you are from the same household, but one of you has an extended overseas trip, he could be booted out after he has "used up" the overseas button.
In some countries, the subscription fee of Disney is 3 times cheaper than Netflix. I'm unsure if that's what Disney offers for the first-time sign-up client, but it is worth noticing.
Disney owns some of the biggest brands, such as Marvel, Starwars, 20th Fox Century Studio, and more.
Although I'm not optimistic about some of the new Marvel series, there is so much more potential with Disney.
So when the Bullish Shark Pattern has confirmed at $87.90, it is great news for me to own my first stock and it might be Disney.
What's your take on this?
Now is completeHere it is a beautiful bullish flag, we will see bullish activity around this level, will be very interesting if fill the huge gap soon.
Walt Disney Call Option TradeGood morning to everyone.Im here to learn by receiving and sharing whats posted and sharing what i see in the market. This is a trade im currently watching on Disney. im waiting for a brake around 90.60. My levels and interest to purchase are at 1st 87.48 - 87.00 2nd 84.36 - 84.07 These two levels i see as nice bounces for a Call Option and my last level of intrest is 81.19 - 79.08 this level i would be intrested in purchasing shares and Call Option with a nice experation date. Each trade will need the confirmation of support follwed by a power candle before entry. I also charted down from the Daily to the 15 Minute time frame. please share perspectives.
$DISDIS is in a consolidation formation. and shows a strong support at 92 area. I expect it to break out of this consolidation by Nov 2024.
Disney - strong results in spite of audience dipDisney reported mixed results for the quarter. The good: streaming losses fell to $659M from the previous quarter’s $1.1B, whereas streaming revenues rose +12% to $5.5B. Crucially ARPU (average revenue per user) rose 20%in the US and ~6% internationally — it’s a case of squeezing actual profit out of users rather than scaling the business at all costs — this is the new “raison d’etre” of streamers globally, as heralded by WBD CEO Zaslav a few quarters ago — like in Jerry Maguire, “show me the money”.
And now for the bad: total users fell to 157M from 161M — this was mostly due to Disney+Hotstar, an Indian subscription service — it was mostly an outlier; users lost ex Hotstar sat in the hundreds of thousands.
The ugly: linear (“trad”) TV revenues fell 7%, largely due to the increased cost of sports rights and declining advertising revenues. We’ve seen this across the board – WBD and Paramount saw the same.
See upside here as +$130 and downside as +$80 for the year. Read more at: research.blackbull.com
DIS Disney Options Ahead of EarningsIf you haven`t bought DIS Disney calls here:
Then analyzing the options chain of DIS Disney prior to the earnings report this week,
I would consider purchasing the 95usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $4.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$DIS - bull and bear thesisNYSE:DIS
Weekly timeframe
* Based on the wicks the past 5 weeks, this is setting up for a move back to around $113
Bull: Above $100, back to $113
Bear: Weekly close below $99, back to $90
4 LESSONS from Disney as a trader and Upside to comeI’m well in my thirties and Disney is still just as magical to me as it was when I was a kid.
When I was 15, one of the happiest days of my life was walking into Disney world.
The excitement lead to jumping, screaming and so much excitement not knowing where to start!
Anyways, Disney has been an icon in the entertainment industry for decades.
And they have delivered and shared unique and magical experiences and captivating stories to you, me and everyone around the world.
It’s definitely on my bucket list to go back to Disney world again. But today, I want to share some of the Disney’s principles can be applied to trading the financial markets and help traders develop a successful and profitable strategy.
Diversification with Disney versus Financial Markets:
Disney has a diverse portfolio of theme parks, resorts, hotels, products, services and franchises.
As traders we really need to open our options and diversify our portfolios in all different markets and instruments.
If you rely on ONE market or one country, you will not be able to spread and limit the risk during tumultuous times.
Just as Disney has a wide range of offerings to appeal to different audiences, us as traders should have a variety of investments to suit our personal trading style and risk tolerance.
Strong Brands applies to both
Disney has built a reputation as a trusted and reliable brand, and traders can learn from this by creating a watchlist of markets and securities that align with their trading strategy.
When you see the famous logo, the magical characters, princesses, cute animals – we just know it’s Disney.
When we here the Wish upon a star song or see Tinkerbell – we know.
As traders we need to also focus on the strongest brands.
Blue chip companies from shares.
Highest liquid (volume) traded currencies, indices, commodities.
Most reliable, legit, regulated and trustworthy exchanges.
High demand, volume traded and strong crypto currencies with promising prospects
Low costs, fees, conditions with trading instruments (i.e. Spread Trading and CFDs).
Stay innovative and you’ll have the edge!
Disney has always been at the forefront of innovation.
Whether it’s through its cutting-edge rides, products, restaurants, or even its Disney Plus TV streaming service.
Similarly, traders should strive to stay ahead of the curve by using the latest technology and tools to trade the markets.
This could include using advanced charting software, automated trading systems, or utilizing machine learning algorithms to analyze data.
TradingView is one of the only charting platforms that I have seen innovate on a weekly basis!
By embracing innovation, traders can stay ahead of the competition and stay ahead of market trends.
Staying True to Disney staying True to YOU!
At its core, Disney is all about staying true to its unique style and storytelling.
As I mentioned earlier. You can just tell it’s Disney.
Traders can learn from this by developing their own trading personality and risk profile, and sticking to it no matter what the market conditions may be.
Just as Disney has remained true to its vision for decades, traders should stay true to their own trading strategy, even in the face of market volatility and uncertainty.
You can now see how Disney’s timeless principles apply their success and how we can learn from them as traders to optimise, improve and level up our own financial success.
And on that note, Disney is also heading up!
Cup and Handle has shown, price has broken above.
We can see the first target at least - showing strong momentum to come.
But more on that next time!
May the Fourth Be With You - And your Stop losses!Star Wars has been around since 1977 which was written and directed by George Lucas.
During that time, there have been phenomenal quotes, lessons and adventures that have been shared.
Instead of telling you different lessons Star Wars can teach you about trading.
How about I share some quotes and how you can apply them?
Here are the ones I find are the most applicable.
#1: "I find your lack of faith disturbing."
Use this as a reminder to stay confident in your trades, even when the market is unpredictable. Have faith in your strategy. Have faith in your commitment. Have faith in your strong mindset.
#2: "Your focus determines your reality."
Stay focused on your trading goals and strategy. It’s not about what others see. It’s not about what others feel. It’s about you in your own work station, planning, preparing and executing accordingly.
#3: "Do or do not, there is no try."
Commit fully to your trades, rather than hesitating or second-guessing. When it’s lined up, ACTION.
When you see a trade setups, write them down and prepare for execution. Don’t try… DO!
#4: "Fear is the path to the dark side."
Stay level-headed and not let fear or panic drive your trading decisions. Fear doesn’t exist. Only danger does. We are fearful most times in our head when there is no apparent danger. Remember this when you feel fear.
#5: "In my experience, there's no such thing as luck."
Successful trading is based on skill, probabilities and strategy, not luck.
#"6: The Force will be with you, always."
Here’s a reminder that your skills and strategy will guide you through both good and bad trading times. In this case the force is your proven strategy, your will, your commitment and your strong mind.
#7: "You must unlearn what you have learned."
Be open-minded and flexible when it comes to adapting your trading strategy. We learn as sheeple to buy low sell high. While I have gone against the idea and instead BUY HIGH, SELL HIGHER.
Also, when everyone buys, is normally where the Smart Money offloads theirs. And when retail dumb money sells, that’s where Smart money BUYS.
Did you find these useful?
Which one resonated the most with you?
DIS - Breakout Falling Trend Channel- DIS has broken through the ceiling of a falling trend channel in the medium long term.
- This indicates a slower falling rate initially, or the start of a more horizontal development.
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 119, ideally with an increase in volume, signals a further rise.
- The stock has broken up through resistance at 100.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
Disney Short positionOn the chart we can see that the price broke down of the rising channel. It looks like the upsloping support has already failed, therefore we expect that the price go lower.
You can enter the short position now as the support failed.
Target is shown on the chart.
Invalidation of this thesis would be if the price comes back above upsloping support line.
Trade Alert - Long MaticTraders,
You guys know I have been dreaming of a touch on our MATIC May 2021 ascending trendline for months now. Today we got that. And though I missed the .98 cents touch for a buy in, I did get in at a dollar. My target will be at least that $1.53 cents level. Stop out is hard. But I wouldn't want to see anything much lower than that .87 cent level I have marked.
Best to you all,
Stew
DIS is it?!Disney looking to break out of its daily bull flag. The $100 resistance has been rejected for the previous 5 days. If today DIS can close above $100 I believe we can see a move back to $107. I have opened some DIS 4/23 104 Calls as well as longing DIS on gains network (polygon). My stop loss will be roughly 97.5 with PT of 107 with scale out's along the way.
Walt Disney: Is Disney Stock Worth Buying Now?Walt Disney's Stock: A Look at its Recent Challenges and Future Prospects under New CEO Bob Iger
With a market capitalization of around $170 billion, Walt Disney is one of the largest entertainment companies globally. However, with its stock price down over 30 percent from last year, investors may be questioning the value of the company's stock.
After Bob Iger's departure as CEO in February 2020, Bob Chapek took over and pledged to continue Iger's successful path. However, Chapek faced many difficulties, leading to his departure in November 2022 and Iger's return to the CEO role.
Iger made key personnel changes and promised to streamline costs and give creative teams more decision-making authority. Under Chapek's watch, Disney+ saw exponential growth, with 164.2 million subscribers worldwide. Still, it wasn't profitable, and subscriber growth became increasingly difficult in recent quarters, leading to criticism from activist investor Nelson Peltz.
Disney lost 2.4 million Disney+ customers in the first quarter of fiscal year 2023, the first case of a shrinking subscriber base, prompting Iger to announce a plan to find $5.5 billion in savings in the coming years, including cutting $3 billion from the company's content division.
While Peltz withdrew his proxy challenge after Iger's announcement, some analysts are concerned that Disney's decision to cut content spending could jeopardize future revenue growth, especially as the company plans to appoint a new CEO by early 2025. The company has invested heavily in Disney+, spending around $33 billion in the last fiscal year, and some investors may worry about future growth.
However, the company still boasts a strong park business, with $7.4 billion in revenue in the first quarter, up from $5.5 billion in the previous quarter, and a diverse range of other assets. With Iger back at the helm, investors will be eagerly watching to see what steps the company takes next to address its streaming ambitions and navigate the challenging entertainment industry landscape.
