Disney
Where to find Disney Reversal to Long?Disney. We are exposed to Disney almost instantly we are born into this world. The cartoon we are exposed to , the posters, the gifts, the soft toys we had. Disney, the creator of our "Fantasy", can their strong moat stop the downtrend of its stock price?
Sign of downtrend
-Candle sticks moving below MA200 . Fail to even get near the MA200 trendline for the past 200 days.
-Downtrend line B : 2 Fib extension of downtrend line A , magnitude much stronger than of line A
-Downtrend line C: 1.618 Fib extension of downtrend line B , magnitude abit strong than of line B
Reversal in progress?
-Retracement R2 magnitude is almost similar to R1 , but took much shorter time(26 days vs 116days) to retrace the same amount
-Retracement R3 magnitude is strong than of R2 .
-Thus the upward trend is getting strong: R3 > R2 > R1
Take a look at the horizontal volume indicator. The volume indicator sums up the volume traded at the prices for the past 1800 bars/1800 days . Bulk of the trading occurs between 97 to 115
The price range of 97 to 115 probably is the strongest support Disney can have. If the candlesticks plunge below 97 , the next area to have such high trading volume will be around 50 .
Watch out for reversal such as double bottom within the price range of 97 to 115
8/17/22 DISThe Walt Disney Company ( NYSE:DIS )
Sector: Consumer Services (Cable/Satellite TV)
Market Capitalization: $223.696B
Current Price: $122.81
Breakdown Price: $122.25
Sell Zone: $122.00-$129.00
Price Target: $110.80-$109.00
Estimated Duration to Target: 44-46d
Contract of Interest: $DIS 10/21/22 115p
Trade price as of publish date: $3.01/contract
Disney over-extended? Disney
Short Term
We look to Sell at 129.37 (stop at 134.80)
Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Preferred trade is to sell into rallies. Our outlook is bearish. There is scope for mild buying at the open but gains should be limited. News events could adversley affect the short term technical picture.
Our profit targets will be 112.82 and 102.30
Resistance: 130.00 / 144.00 / 155.00
Support: 110.00 / 100.00 / 90.00
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DISNEY (DIS) UpdatesExcellent quarterly reports for The Walt Disney Company.
The strong recovery in tourism in its theme parks has driven the company’s profits with a resounding + 600%.
Streaming revenues increased by 11% but profits fell by 32% . This figure certainly makes us reflect and could be a harbinger of incoming increases for the Disney plus service which for now, has wanted to make room in a world with important competitors (Netflix and Amazon first videos above all), providing its service to aggressive pricing.
Remember that the Media & Entertainment Distribution sector also includes two other proprietary platforms, namely Hulu and ESPN +.
Overall operating profit increased by 50% and is the reason for the upward gap of 11 August.
On a graphical level, after hitting $ 90 per share, the price reacted, driven by the important pull-back of the S&P 500 which is still ongoing; already last week, speaking of Amazon, I said that I would expect a retracement, which will surely happen.
At that moment I will add size on Disney, as I am now in a slight drawdown having an average price of around $ 150.
After all, in the last two years, the price has traded more in the $ 170 area. It is reasonable to expect a price in that area in the next 6 months, as long as the economic situation stabilizes and inflation falls back to around 3 percentage points, which is still a long way off at the moment.
Disney certainly shows solidity, thanks to its core business, which has strongly recovered. There is definitely room for improvement in the streaming field, we hope they find the right way.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
DIS: Overbought?Walt Disney
Short Term - We look to Sell at 123.51 (stop at 133.26)
They reported higher than expected streaming subscriber growth and the stock aggressively went up. This has resulted in signals for sentiment being at overbought extremes and we look for a move to the downside. Bespoke resistance is located at 124.00. Selling spikes offers good risk/reward. A lower correction is expected.
Our profit targets will be 100.57 and 95.00
Resistance: 124.00 / 140.00 / 160.00
Support: 100.00 / 90.00 / 80.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Potential setups for Walt Disney Co.NYSE:DIS
❇️ The shares of The Walt Disney Co., the world leader in the entertainment industry, are actively declining, being in the 108.00 area.
❇️ On the daily chart of the asset, the formation of a global downward channel with dynamic boundaries at 80.00–108.00 continues, and at the moment, the price has come close to the resistance line at 108.00 and is preparing to break it.
❇️ On the four-hour chart, the current growth has a high chance of breaking it and reaching the initial 23.6% Fibonacci correction around 117.00, which is the main barrier for quotes within a possible upward correction.
❇️ Technical indicators reversed and gave a stable buy signal: the range of EMA fluctuations on the Alligator indicator began to expand upwards actively, and the histogram of the AO oscillator forms bars with an upward trend in the buying zone.
Trading tips
👉 Long positions may be opened after the price rises and consolidates above 117.00 with the target at 133.00. Stop loss – 112.00. Implementation period: 7 days or more.
👉 Short positions may be opened after a reversal, reduction, and consolidation of the price below 101.00 with the target at 91.00. Stop loss — 105.00.
DIS H4 Potential for bullish momentum | 4th August 2022On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to buy entry at 112.86 where the swing high resistance, 38.2% fibonacci retracement and 100% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 129.06 where the overlap resistance, 161.8% fibonacci extension and 61.8% fibonacci retracement are. Alternatively, prices could drop to stop loss at 99.98 where the overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
DIS H4 Potential for bullish momentum | 4th August 2022On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to buy entry at 112.86 where the swing high resistance, 38.2% fibonacci retracement and 100% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 129.06 where the overlap resistance, 161.8% fibonacci extension and 61.8% fibonacci retracement are. Alternatively, prices could drop to stop loss at 99.98 where the overlap support is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Disney | Fundamental Analysis | MUST READ ⚡️In determining whether a company is suitable as a great dividend asset, you first need to ask yourself a few basic questions. First, has the company paid dividends over time? Second, has it been able to increase its payouts on a regular basis? And finally, does it have the means to continue to do so?
Disney suspended its dividend payments in the early days of the pandemic in May 2020 and has yet to pay them back. While the decision was understandable at the time in light of the uncertainty created for its theme parks and other ventures, now is a good time to see if Disney can achieve dividend greatness again.
The Disney empire encompasses valuable properties, including networks such as ABC, Disney Channel, and ESPN, streaming services such as Disney+, movie studios, and theme parks.
A testament to the combined strength of the business is that Disney's revenues for the first half of its fiscal year (ended April 2) rose 29 percent to $41.1 billion. In a sign of how quickly the company has recovered from last year, when results suffered after COVID-19 began, adjusted diluted earnings per share nearly doubled to $2.14 in the same time period.
Disney's outlook also looks good. The company is preparing to release a sequel to its popular movie, and other trends, such as park spending, are improving. Its streaming business also continues to do well. In the second quarter, the number of paid subscribers to Disney+ increased 33 percent year over year to 137.7 million. This comes amid stiffer competition. For example, Netflix lost nearly 1 million subscribers in the last quarter, in addition to 200,000 subscribers in the previous quarter.
When looking at Disney's free cash flow (FCF), it is best to look at the full year as it eliminates seasonality. Last year, despite orders and blackouts negatively affecting business, the company generated about $2 billion in FCF, down from $3.6 billion.
Before the board suspended the 2020 dividend, Disney was making semiannual payments. In addition, the company has regularly increased its dividend. In 2012, it paid $0.75 a year, increasing the amount to $1.76 before the suspension.
Disney previously said, "Over the long term, we expect dividends to remain part of our capital allocation strategy." However, the company does not plan to resume payments until "we return to a more normal environment."
The company has good characteristics that investors will undoubtedly find attractive. These include terrific properties that have contributed to sales and profits. But without a fixed date or the promise of an imminent renewal of payments, income-seeking investors should look to other companies to find great dividend stocks.
Investors looking for the best dividend stocks can start with dividend aristocrats - members of the S&P 500 who have raised dividends for at least 25 consecutive years. If you want to cut the list even further, you can look at Dividend Kings, an even more elite group. These are S&P 500 companies that have been raising dividends for at least half a century.
NFLX: Earnings Play?Netflix
Short Term - We look to Buy at 188.46 (stop at 161.06)
News events could adversely affect the short term technical picture. They report earnings after the close. Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets will be 260.00 and 280.00
Resistance: 260.00 / 330.00 / 400.00
Support: 188.00 / 160.00 / 120.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Disney is a realm of escapism - Recession Proof & Cash Flow RichThe Walt Disney Company recorded negative operating cash flow for the first quarter of the year. Even in the second quarter, cash from operating activities was still outpaced by investments in diverse activities. This was mostly caused by a lack of action during the coronavirus demand destruction in fiscal year 2020. But now that the parks are reopened, there are less ramp-up requirements. The majority of Disney's movie ticket sales will result in revenue generation because the majority of the backlog of films has already been paid for. The free cash flow should significantly increase during the following quarters. Despite the most severe criticism, "Thor: Love & Thunder" is on track to surpass $500 million worldwide. The success of the movie was another evidence that the conventional approach is still effective.
10 Year TSR Value
Disney's track record of making more money than it needs is quite extensive. As a result, advancements into further growth areas can still be made in the future. Disney may be a sizable business, but it has plenty of room to expand as long as there are measures in place to produce adequate cash flow. They have a strong economic moat. The brand is extremely well-known, and the market is now discounting the Disney+ streaming component of the company's operations as the excitement surrounding it fades due to Netflix's (NFLX) sluggish member growth. We have to consider that Netflix have peaked their user base. However, Disney+ have enough tier to grow their client base.
Due to the parks being open again and new movies being released, cash flow is expected to increase significantly soon. In the long run, this corporation has a significantly more profitable method of producing films than many of its rivals.
However, One of the biggest disadvantage of holding this stock is due to their high operating costs, Disney's value will increase to about twice what it is currently trading for if operating margins return to the mean of around 17%.
As operating costs increased and park and cruise revenues decreased during the pandemic, Disney had to cut dividend payout. Undoubtedly, the dividend's reinstatement will be a bullish event that many are anticipating. Although market players despise dividend cutbacks, Disney's management at the time made a wise decision in doing this. Disney was able to leverage money from eliminating the dividend to make a splash in the streaming industry. However, it is in their best interests to compensate shareholders by resuming dividend payments in situations where the value of their firm is dwindling.
The market seemed to be concentrating too much on downside risks, that continue to drive Disney's share price lower, despite the fact that revenue growth continued to rise. In the future, Disney's earning power might increase significantly, just like it did a decade ago. The stock might surge once more with an operating margin returning to regular levels of 17-21%. As the company's free cash flows and direct-to-consumer operations may grow, Disney has a lot of potential in the long run. Disney produced record EPS and nearly $10 billion in free cash flows in 2019. Now that the theatrical industry is recovering from COVID the company is expected to generate record breaking free cashflow.
Total Revenue vs Total Operating Expenses
They have already begun to report positive financial outcomes for its fiscal year 2022. Revenue increased from $31.86 billion last year to $41.07 billion this year, a 28.9 percent increase over the same period previous year. From $918 million to $1.57 billion, net income has grown by 71.5 percent. Operating cash flow increased from $1.47 billion to $1.56 billion, an increase of just 6%. However, if working capital adjustments were taken into account, it would have increased from $1.84 billion to $4.67 billion. That is a 153.7 percent increase from the previous year.
Excellent Management & Strategic Growth over the years.
People seek escapism during recessions, and Disney's content offers them hope. Every week, 80 million Americans went to the movies, even during the Great Depression and since then movie businesses have won the label of "Recession Proof", The movie business has generally been one of the few industries that has been able to retain its place in the market or even grow admissions, even in some of the worst economic downturns ever. This is a result of people's continued consumption behavior. Even if they were impacted by economic downturns, The release of "Avatar: The Way of Water" this year and Disney's 100th anniversary celebration in 2023 will boost the company's marketing efforts and help them generate more sales revenue.
matic testing breakout zonematic is testing the level that was first established after the may 11 dump it bas been tested a few times since but no other time this strongly.,
Disney Gives Polygon (MATIC) Premium FuelOn the heels of a partnership with Disney, Polygon looks primed for a wavy 30X pump from its soon to be seasonal bottom. Typically, within Wave 5, euphoria is at a high level but it would be best to avoid buying the top range between $5.50 and $13.35 (based on common fibonacci levels). Instead, a buy from the $0.27 range may be the best entry. For more Elliott Wave based ideas and timely predictions, check out my TradingView profile and like/follow/comment to support this post.
Thanks in advance and may your surfing remain profitable.
Altcoin season cometh soon.
⚡️ #MATIC/USDT - Potential 250% ⚡️- Part Deux⚡️ #MATIC/USDT - Potential 250% ⚡️
Entry Conditions:
- Long term RSI Daily Trendline break
- Bullish Divergence
- Key Resistance Break
- Disney Accelerator Partnership
News Source:
forkast.news
Entry: 0.455 - 0.695
TP1: 0.993
TP2: 1.234
TP3: 1.434
YOLO: 1.751
SL: 0.298 or HOLD
looks like Bitcoin chart perhaps they take $BTC in the futurePerhaps Disney will take Bitcoin in the future, imagine paying for rides in bitcoin? The chart shows a potential bounce from A leg, to a sell off to the B leg. Wave analysis is subjective, I like to focus on the wave analysis inside the triangle, then plot my fibs. With Inflation, rising gas prices, and folks still cautious from Covid. I expect more selling pressure, after a brief bounce. Long Term Short, w/ selling the rips
DIS-Disneys Bear case for a PO of $43-52 by years endDisney is ending Q2 in a very precarious way...Anyone believe another 50% price reduction from here is possible?
Although Q2 just closed above 2016 Q3 low close of $92.86 the quarterly chart is signaling another bearish quarter or two could be on the horizon.
The key bearish points are notated on the chart...I'll be watching the blue trend lines closely.
(Of note: I'm not taking any position or stance here but instead presenting the bear case)
$DIS Analysis, Key Levels, and Targets$DIS Analysis, Key Levels, and Targets
Here’s a fun look at DIS…. we are about 53% off of the highs… The light blue dotted line is the 200MA imported from the monthly chart. It sits at around $77 at the moment…. I’d say that right here is a descent place to start a position, but if it gets nearer to the monthly 200MA I’d go in heavier….
All of my targets have been hit except for 1 which would fill the covid gap, and I could see a nice swing happening from there….
Stupid Willy (The bottom indicator) is starting to read extreme oversold and a green cross above the red line would be my long confirmation…
And just for historical reference, in 07-09, DIS came down 57% off of the highs (which we are getting close to) and it also went 38% below the 200 monthly MA once it crossed below….
In 2000-2002, DIS came down 68% off of the highs... So keep all of that in mind when building your DIS position…. Just because it’s cheap doesn’t mean it can’t get cheaper…
However I do believe that the around the 200MA level will hold, and that between here and there is a great buying opportunity…