Disneyplus
Bounce off upward RSI trend line? This is setting up to be a potential bounce off upward RSI support line. Disney still has bullish momentum from earnings and promising subscriber growth pushing it forward
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.
NFLX IN ACCUMULATIONNetflix is in accumulation, once we close over monthly resistance we will go to the moon. To enter wait for a breakout of the top, or buy the bottom of the zone
Is Walt Disney ready to go down from heaven to earth?At the moment, I think that the company has played all its trumps up its sleeve, and at the moment they have nothing to surprise their investors, at least until the report, which means it's time to close the remaining gaps.
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.
DISNEY - Breakout Plan!DIS is forming a rising triangle pattern with price hitting resistance of 149.50's
If price breaks above , we will be waiting for a potential buy entry on retest with targets to 154.40's . If price breaks below , we will be looking for shorts with targets to 140's .
Sell the Disney + Hype DISRejecting the top of a parallel channel. Unfilled breakaway gap in a overbought market. Not a fan of DIS right now
Looking for the Gap Fill Disney teaching old dogs new tricks with this new streaming plan...
The wife asked me today, honey, can we get the kids Disney Plus? I immediately looked at the chart!
Congrats to holders of the Mouse!
