Disney Symmetrical TriangleDis forming a symmetrical triangle, bounced off of resistance, is now moving towards upper trendline. I am long on Disney because it is opening up (today I believe), although will check premarket movement for confirmation.
Disneylong
$DIS At Bottom Of Ascending Channel. Looking To Retest The Top.Disney is consolidating at the bottom of it's channel. It's been in consolidation for a week now and it's ready for a move to the top.
It has now formed a bullish pennant and has been tethering a breakout of consolidation.
If you look closely at the bullish pennant you'll see the recent price movements hinting that $DIS will soon breakout of the flag.
With the news of Disney finally expanding to 8 more countries very soon + the reopening of many Disney studios & parks.
This stock is in a good position to rise.
Both the technicals and fundamentals validate a move up.
On average a rise to the top of a channel takes 3 days and consolidation about about a week. Disney is ripe for a breakout as it has been consolidating for a week and there is now catalyst to initiate a move.
DIS - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
-This would be a great Buy Opportunity, IF NYSE:DIS breaks up the Resistance !!
- NYSE:DIS is following PITCHFORK levels well. You can even trade only with its support and resistance.
Walt Disney prediction till 2021 year by Powerful TradersHello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders"
WALT DISNEY COMPANY (DIS) Weekly, MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly and weekly arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
Disney: Bullish Consolidation Analysis 1H (Apr. 21)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the bullish probabilities for Disney's case (DIS) based on its bullish consolidating technicals and strong fundamentals.
Technicals
- We see a textbook ascending triangle pattern, which is a bullish consolidation pattern
- An ascending triangle pattern in a downtrend signals a potential bullish trend reversal
- We can count Elliott Triangle Waves (ABCDE), and see that wave E has completed forming as well
- The Relative Strength Index (RSI) shows great strength on the daily, creating higher lows and higher highs
- The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms on the daily as a sign of momentum
Fundamentals
- When Disney is not aggressively investing into its direct-to-consumer business, it has generated close to $8 billion of free cash flows.
- Disney's balance sheet is strong and affords Disney plenty of flexibility
- With that said, half of Disney’s operating income is generated from its Parks, Experiences and Products segment
- Considering the Parks closed so far and the potential closure of others will have a substantial effect on Disney’s near-term overall profitability
- However, Disney's fundamentals remain exceptionally strong, and the long term picture still remains intact
What We Believe
We believe that Disney is an impressive business, with broad diversification, expected to grow consistently over the medium-term. While this company was hit by the Corona Virus (COVID-19) more severely so than other companies, technicals demonstrate potentiality for a breakout, leading to a small bullish rally.
Trade Safe.
Walt Disney Company (DIS) - Opportunity to SELLHey everyone, here's the analysis on DIS. Hit the LIKE button, follow us & leave a comment on ideas you would like to see next!
Summary:
Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell.
Action:
Sell Limit: 109.65 - 112.00
Stop Loss: 123.00
Take Profit: 96.40
Analysis:
On the monthly chart, R1 zone was a key breakout zone along with a strong fibonacci confluence and a pullback of our trend line. There is limited upside in the current price and it could drop to our S1 zone, as illustrated by the yellow dotted lines. If the S1 zone does not hold, we could see price drop lower to our S2 zone before a bounce there.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
WALT DISNEY COMPANY (DIS) WeeklyDates in the future with the highest probability for price direction reversals
Disney Linear Regression AnalysisStrong linear regression trend, a small drawdown for DIS following earnings would still leave it in a healthy place for sustained growth. Higher lows can be observed which has prop'd the price up to this point.
Go Long at Breakout Disney. $DISGo Long, if the stock price at the break of resistance (the green line).
Price target highlighted in the red box.
The 50 moving average can act as stop loss.
potential long positionDisney stock in consolidation. Wait for breakout of triangle. Potential next destination is 168.99
DIS (Disney) Long opportunity coming up, move to $175!Disney popped aggressively on the launch of their new streaming service that captivated a large audience and took away from other streaming competitors such as Netflix. Disney has yet to report an earnings report with their Disney + addition and there is more upside to come over the next few months.
Where should one look for longs on Disney? Based on pure technical analysis one could identify good levels without buying a top. The first thing to consider is how the overall market is doing, there is some more strength to come out due to the money getting flooded into the economy.
The next thing is the previously broken high on the year-to-date on Disney, which is $144.50-146. This is also the 50% retrace level based on the pop that brought price to a new high, which is also a low volume node on the year-to-date volume profile. This is a huge support level that could bring price up to $175!
Disclaimer: This idea is for educational purposes only, this does not constitute as investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
