Disney - Don't Miss This Reversal Now!Disney ( NYSE:DIS ) is about to retest strong support:
Click chart above to see the detailed analysis👆🏻
Even though Disney has been consolidating for about 10 years now, it is still providing bullish trading setups. Especially the current horizontal support has been holding Disney above water and it is more than likely that Disney will create another bullish reversal away from this level.
Levels to watch: $85
Keep your long term vision,
Philip (BasicTrading)
Disneylong
Walt Disney Co | DIS | Long at $84.00The Walt Disney Co NYSE:DIS is wrapped up in bad press and is predicting a future decline in theme park revenue (recession red flag...). However, the company has historically had tricks up its sleeve to return to prominence in an ever-changing entertainment environment (last was streaming). The potential of AI and robotic technology benefiting Disney is huge. The recent dip to $84.00 is a personal buy zone.
A word of caution: there may be an amazing opportunity near $50.00 if the "recession" is announced and the company, like other entertainment industries, take a massive hit. That's where the true opportunity lies for this American staple. At $84.00, though, a "starter position" is my mindset until the stock rotates to an upward trend.
Target #1 = $110
Target #2 = $127
Target #3 = $135
Target #4 = $182 (long-term view...)
Disney is repeating previous head-shoulders reversal pattern?
My answer for the topic is yes.
Disney has broken above the downtrend line, and formed a bullish head-shoulders reversal pattern, exactly repeating the previous price action in Oct 2023.
Now it moves in a bullish channel.
personally, in a short-term, I will take the nearest resistance level (high volume area) as the target for this rally.
what's your opinion?
DISNEY $DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024DISNEY NYSE:DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024
BUY/LONG ZONE (GREEN): $118.50 - $123.00
DO NOT TRADE/DNT ZONE (WHITE): $116.50 - $118.50
SELL/SHORT ZONE (RED): $112.00 - $116.50
Weekly: Bullish
Daily: DNT
4H: Bearish
A week ago NYSE:DIS broke its bullish trend on the 4H and lower timeframes. The Weekly timeframe still holds the bullish trend, and the Daily timeframe is currently untradeable for myself, but is working its way closer to a bearish trend as it is breaking down bullish structure. The 4H timeframe shows a descending wedge/triangle (or possibly a developing sideways range channel) with the bullish support level being around 117.00. The 117.00 is where bears should look for a breakdown to confirm the downwards trend, and bulls should look for a breakout above the 118.50 level. 118.50 is a safe entry for bulls, however; earlier entries could be a break above the descending trend line that is acting as the top of the wedge/triangle. Previous bull trend and continuation are labeled to show where I got the levels and zones from and how more recent price action has reacted to these areas.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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The time to invest in Disney is nowCould see this dip further into the high 70s. I'm a buyer at these levels. Lot of long term support. Disney is a company relevant yesterday, today, and will be in the future. Looking to see it trading at levels double from what they are now within the next 2 years.
Earnings Beat and Epic Game Partnership Drive Disney Stock SurgeIn a strategic leap into the gaming universe, The Walt Disney Company ( NYSE:DIS ) has stunned investors and enthusiasts alike with its latest announcement of a staggering $1.5 billion investment in Epic Games, the mastermind behind the global sensation Fortnite. This landmark partnership promises to reshape the landscape of entertainment, ushering in a new era of collaboration between the realms of gaming and beloved Disney franchises.
The excitement reverberated through the markets as Disney ( NYSE:DIS ) shares soared by an impressive 7% in premarket trading following the release of its first-quarter earnings report. Despite revenue remaining steady year-on-year, the company surpassed earnings expectations with an impressive $1.22 per share, outperforming forecasts by a significant margin.
CEO Bob Iger's revelation of Disney's ( NYSE:DIS ) foray into gaming represents a bold step forward, marking the company's most significant investment in the sector to date. With this substantial stake in Epic Games, Disney aims to harness the immense popularity of Fortnite and leverage its vast array of intellectual property, spanning Disney, Pixar, Marvel, Star Wars, and Avatar, to create captivating new gaming experiences.
The collaboration between Disney ( NYSE:DIS ) and Epic Games holds boundless potential, offering fans the opportunity to immerse themselves in a rich and expansive gaming universe teeming with beloved characters and iconic settings. From pulse-pounding adventures to imaginative worlds, the possibilities are limitless as two entertainment giants join forces to push the boundaries of interactive entertainment.
But Disney's ( NYSE:DIS ) ambitions extend far beyond the realm of gaming. The company's visionary roadmap includes the launch of an ESPN streaming service slated for 2025, further expanding its digital footprint and captivating sports enthusiasts worldwide. Additionally, Disney+ subscribers can look forward to an exclusive version of Taylor Swift's Eras Tour movie, adding yet another dimension to the platform's diverse content offering.
Despite challenges in its Parks business and a decline in linear television, Disney's ( NYSE:DIS ) steadfast commitment to innovation and strategic growth initiatives has garnered support from investors and analysts alike. Ben Barringer, a technology analyst at investment manager Quilter Cheviot, lauded Disney's stable revenue and effective cost management strategies, underscoring the company's resilience in navigating a rapidly evolving entertainment landscape.
Conclusion:
As Disney ( NYSE:DIS ) sets its sights on a future brimming with possibilities, the partnership with Epic Games serves as a testament to its unwavering dedication to captivating audiences across every conceivable platform. With creativity as its compass and innovation as its engine, Disney continues to redefine the boundaries of storytelling, leaving an indelible mark on generations to come.
Disney (DIS) -> Major Reversal AheadMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Disney.
At the moment Disney stock is retesting a major previous monthly support level from which we already rejected multiple times towards the upside in the past.
Considering that market structure on the lower timeframes is still bearish though I am just waiting for more bullish price action before I think we will see a major bullish impulse.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
$DIS Double Bottom Weekly ChartA double bottom pattern on Disney's weekly stock chart may indicate a potential reversal in its recent price trend. This technical analysis pattern typically forms after a prolonged downtrend and consists of two distinct troughs that are roughly at the same price level, separated by a peak. It suggests that selling pressure may be exhausted, and buyers are stepping in. Traders and investors often view the confirmation of the double bottom pattern as a bullish signal, indicating the potential for a trend reversal to the upside. However, it's essential to consider other technical indicators and factors, as well as broader market conditions and news, before making investment decisions based solely on this pattern.
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.
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!
Longsetup for DIS - The Walt Disney CompanyNYSE:DIS
We saw a good amount of call options on Disney with a target of 105 for expiration in May 2023. I think the stock can also be an interesting longterm investment.
DIS has a particularly unique and powerful economic moat. Disney, is of course, known for its media franchises, studio capabilities, parks and direct to consumer streaming app, Disney+.
Disney’s brand is known around the world, and it is thanks to its brilliant flywheel. Children watch Disney movies and become familiar with characters, series, and movies. Their parents bring them to the parks where they have the time of their lives on rides while also meeting the characters from movies. Then they go home and watch Disney content, more connected to the characters than ever. When they grow older and have children of their own the cycle starts again.
Disney is creating content for the adults now too. With Marvel and Star Wars franchises, DIS can entertain the whole family. There are few if any businesses that have connected to people the way Disney has, and that recognition, and those timeless stories and characters are its economic moat.
Disney has been publicly traded since 1962, and its returns since then are astronomical. DIS stock has returned some 80,000% since 1962, which is 20% annualized over 60 years. Over the last 20 years, the performance has been strong as well, but a bit slower than the early years, compounding at about 10%.
Source: Yahoo finance
Buy Market: 93.00 $
Sell Stop Loss: 120.00
Sell Profit Target: 80.60
When the stock reaches 100.00 $ you can also move the stoploss to your entry price as a breakeven stop or use a trailing stop after reaching this level.
DIS - Price Targets & Stop Loss📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red = Stop Loss
🟢 Green = 1.2:1 Risk Reward Ratio
🟡 Yellow = 1.5:1 Risk Reward Ratio
🔵 Blue = 2:1 Risk Reward Ratio
👀 So what are we looking at today…!!!
🚨( DIS ) The Walt Disney Company🚨
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney, as well as Aulani, a Disney resort and spa in Hawaii. Further, it licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; provides consumer products, including licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games; operates a direct-to-home satellite distribution platform; sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.
Disney to find support at psychological support.Disney - 30d expiry - We look to Buy at 100.22 (stop at 96.86)
Previous resistance at 100 now becomes support.
Trading close to the psychological 100 level.
We look to buy dips.
Short term momentum is bullish.
We look for a temporary move lower.
Bespoke support is located at 100.
Support could prove difficult to breakdown.
Our profit targets will be 108.44 and 110.44
Resistance: 108.84 / 113.00 / 118.00
Support: 104.50 / 100.00 / 98.00
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DIS reversal
NYSE:DIS wave analysis
Starting 8th of March 2021 we have a big impulse wave down (1to 5) finished or almost finished.
The interesting part is that Wave 5 has taken the shape of an ending diagonal.
An ending diagonal in the words of R.N Elliott is singling "The price has come too far. Expect dramatic reversal ahead."
So we need confirmation that the price breaks the minutes 2-4 trendline and the bigger impulse wave is done and dusted.
I'm doing all my work on Tradingview, so if you find this useful give me a like.
Thanks for your support! For more chart analysis like this please get in touch.
Disclaimer: This is my analysis and does not constitute financial advice!
Buying Disney break of recent high.Walt Disney - 30d expiry - We look to Buy a break of 102.11 (stop at 97.88)
We are trading at oversold extremes.
A break of the recent high at 101.50 should result in a further move higher.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
This stock has seen good sales growth.
We are trading at oversold extremes.
Our profit targets will be 112.48 and 117.48
Resistance: 102 / 106 / 110
Support: 95 / 90 / 85
Disclaimer – Saxo Bank Group.
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DIS Buy signalDisney has come out on top from its competition with Netflix in the movie streaming industry. Q2 was a pleasant surprise for investors of Wall Street, and as the economy is recovering because of the large amounts of capital movement from Europe to the US, Q3 is likely to have a positive uplook. Retaliatory spending by consumers on theme parks and Disney+ subscriptions will push the price of the stock. Strong support at $100-$110, some resistance at $120. Suitable for short term investment. Wall street analysts show a Strong Buy.