DIS trade ideas
DIS-triangle + swing indicator strategy (LONG)(1h timeframe)
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .
the middle rectangle is at the last high (the first touch on the resistance line of the triangle)
might happen the price will touch there and will make a retest to the swing 10 high
Looking very bullish on DIS!🔉Sound on!🔉
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Disney is at Key Resistance LevelsDisney is currently testing a heavy resistance level on the weekly chart that we haven’t seen since February 2023…… there may be a opportunity soon whether it breaks through previous resistance, retest and to then keep pushing higher, or it will reject off of previous resistance and work it way back down towards the 90s?
$DIS Daily Chart Analysis: For educational purposes only, NFA.NYSE:DIS Daily Chart Analysis: For educational purposes only, NFA.
Bear Case: March 20, 2024
1#Price approaching previous resistance level from Feb 9, 2023.
2#RSI shows Bearish divergence
3#Also forming Bearish Rising Wedge
4#Expecting the price to retrace to gap fill after after catching rejection from resistance .
DIS Testing $115 PivotDIS is currently testing the pivot around $115. After making a beautiful Power Earnings Gap, it looks like it wants to take the next leg up. Showing great relative strength and currently surfing the 20 EMA. A high volume day should break this pivot. First target $125.
$DIS Bearish to Bullish ReversalNYSE:DIS Bearish to Bullish Reversal
A "Bearish to Bullish Reversal" in technical analysis typically indicates a shift in sentiment from pessimistic to optimistic regarding the stock's price movement. In the case of NYSE:DIS (Disney), this reversal pattern suggests that the stock has transitioned from a downtrend to an uptrend. This change may be characterized by a significant decrease in selling pressure followed by increasing buying interest, leading to a potential upward movement in the stock's price. Traders and investors often interpret this reversal as a signal to consider buying opportunities, anticipating further upward momentum in the stock's price.
DIS - Familiar Price Action presenting itself. Watch for thisWe know from the past what to look out for and what algorithms and channels we need to activate in order to break out of our less-strong buying continuation channels.
Yellow (with purple as support) is our key algorithm to breaking out of green - yet, once we see tapering on green and especially our red controlled buying presenting itself, we are prepared to make some money on the move down to at least find support at green.
Hope this was helpful - sorry I am a bit tired but wanted to get this one out to you before we open tomorrow in case we get some important signs during the market.
Have a great night and
Happy Trading!
DIS “Disney” forming a double bottom!Disney forming a nice Double Bottom setup…..I’m swinging CALLS out till Friday…..not expecting to hold overnight if we reach the neckline today!
Another opportunity to get into Walt Disney sharesWe can see that the H&S pattern has played out nicely on the daily chart.
It should revisit the support at 90.91 where it is then likely to rebound (triple bottom support) . There, I will await patiently for bullish signals to accumulate this shares.
Disney's Stellar Results Signal Long Opportunity
Title:
Disney's Stellar Results Signal Long Opportunity
Overview:
Hello Traders,
Disney's recent earnings report has exceeded expectations, paving the way for a potential long opportunity in the stock.
NYSE:DIS
Key Points:
- Disney has reported stellar results, showcasing its resilience and adaptability in challenging market conditions.
- The company's earnings have surpassed analyst estimates, indicating strong performance across its various business segments.
- Positive forward guidance and strategic initiatives suggest continued growth and profitability for Disney in the coming quarters.
Technical Analysis:
Disney's impressive earnings report has ignited bullish momentum in the stock, with technical indicators signaling a favorable outlook for further upside potential. The uptrend is supported by robust buying pressure and positive sentiment among investors.
Conclusion:
With Disney's outstanding results and optimistic outlook, traders may consider a long position to capitalize on the stock's upward trajectory. However, it's essential to monitor price movements closely and implement risk management strategies to navigate potential market fluctuations.
Don't Forget to Engage:
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you found this idea compelling! Your engagement helps foster discussion and broaden the reach of valuable insights.
Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions.
Happy trading!
DIS-Canary in the coal mine for the US stock market?Since 1974 Disney has always made a "yearly" higher low as depicted by the red hash marks on this chart.
In 2022 it closed the year below the previous yearly "pullback low"...yikes!!!
Could Disney be an early warning sign of what is to come over the next 10 years for the US stock market? It is a 1900's quintessential "American" company.
Anyone looking to add this to your child's portfolio might want to reconsider...
(Of note: Disney began trading on the NYSE on November 12, 1957 and Trading View begins charting it in 1968 so this chart doesn't show 1957-1968.)
Lastly, I would not recommend starting a short position right now (in fact, the daily chart looks quite bullish right now) however if you are "really" long this company I would take any strong bear market rallies as a chance to reduce or exit your position...there is just too much unknown about what this type of closing implies for the stock IMO.
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.
DIS looking bullish after earnings?After a positive response to earnings recently, NYSE:DIS pulled back almost 50% while creating sup/res at the 106 / 112.50 range respectfully. From an hourly POV, the recent pullback formed an inverse head & shoulders pattern which is a sign of reversal to the upside. Will this break the 112 area or bounce off resistance and continue the swing?
Prediction :
DIS will pull back to the neckline (108.50 area) which happens to also be the 50% fib level. If this happens, I will be going in after the first green candle showing a bounce at the golden zone. I will also enter if we cross todays overnight high of 109.69.
Conditions :
- H&S pattern, bouncing off 200 EMA, bouncing off VWAP, Earnings, 100 EMA crossing 200 EMA (daily POV)
Entry :
- Green candle at the 50% fib
Stop :
- 107.47 (Right shoulder)
Target :
- 116.65
Notes:
Divergence: N/A
Pattern(s): Inverse H&S
EMA: Bouncing off 200
Volume: 108.27 area
VWAP: Bouncing off vwap
Overbought/sold: N/A
Fibonacci: N/A
Disney: Two Scenarios
For Walt Disney, chart analysis reveals the completion of a first cycle with an all-time high at $203, followed by what appears to be a 5-wave structure downward towards Wave (A), concluding at a double bottom with Wave (4) at $79. This formation is characteristic of a Wave 2, yet its brevity on the 3-day chart suggests a potential flat correction. Anticipation exists for a rise in the coming weeks to $126.50, where Wave A is expected, adhering to a zigzag correction pattern (5-3-5 waves). This suggests a cautious bearish stance until a breakout above $176.88, which would invalidate the current long term bearish scenario.
The 4-hour chart indicates the potential formation of a 5-wave structure upward towards Wave A, but the market's direction—whether indicating strength or weakness—will determine the approach to positioning for Wave 4. Further observations are needed before committing to new positions, with decisions to be made based on clearer market signals
DIS 28/02/2024 LongBought 90 stocks of Disney for long term holding
On monthly - price made an engulfing candle with Williams in the grey zone
On weekly - Price breached the swing 10 high and made a restest + broke a medium-term triangle
Looks like Disney is reigniting
DIS moves higher in realtive strength LONGDisney had an excellent earnings report last week. Today it is moving off its support of the
moving average cloud on the chart and going higher on a day when the general market is
sideways at best. A table shows its strength as compared with other commonly traded stocks.
I will take a long trade here and perhaps hold it until the next earnings.
Tech-Media Stocks: Macro Fib SchematicsThese Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics.
As for every single chart, we can see the monthly candles respecting these s/r lines. One must not need me to tell them which way we are suppose to go, rather they must look deep inside the chart and understand weather it is on support, on resistance, or pushing away from one of them. We can see this in ever single one.
Unfortunately, this is a 2 month chart but it still definitely works! 100 percent will still work no matter the timeframe. Its just that the structure gets more defined the lower the timeframe.
Front runs, rejections, and clear supports can be spotted here.
For me, AT&T looks like a buy because of multiple frontuns above. T-Mobile looks like a buy to resistance and then short sell. The others are too complex to put into mere words.
Update: DIS Long play with Wedge DIS is consolidating in a wedge using 90 as its base. Technically its a long term bull flag. It could use this base as a support for further upward movement once it breaks out. I have alerts set on the upper wedge support line. I want to see lower and lower volume leading up to a high volume breakout.
DIS_Diseny_1WDisney stock analysis Analysis based on Elliott waves in the weekly time frame By completing 5 downward waves, the market provides a buying position and can enter an upward wave and reach the 150 range. Main support 96
DISNEY, a "bottomfish" opportunity that can't be missed! ↑↑↑DISNEY's recent earning calls last April 2023 is showing some impressive numbers -- with net income surging +170%. These weighty numbers are still out of sync with the current price level of the company -- but that will change soon.
Initial Accumulation has been spotted at the current price range. Monthly histogram is showing some higher lows formation with price movements getting thinner by the day -- conveying a pending trend reversal. Price is currently sitting at 1.0 FIB level -- this is beyond bargain discount already and a rare chance to seed at this price level knowing the impressive financial numbers.
DIS is also hovering the 85-90 range, a strong major order block support that's been tested many times in the past and price keeps bouncing off it. This is a 3-year long standing support that has been proven it's strength over and over.
Expect some significant price ascend from the present price range.
The current price is a rare bargain -- a 'bottomfish' opportunity that can't be missed for sure!
Spotted at 89.0
TAYOR.
Safeguard capital always.
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Some financial reference:
Financials
Quarterly financials
APR 2023
(USD) Apr 2023 Y/Y
Revenue 21.81B 13.33%
Net income 1.27B 170.43%
Diluted EPS 0.69 165.38%
Net profit margin 5.83% 138.93%
Operating income 2.36B 45.98%
Net change in cash 1.94B 265.56%
Cash on hand - -
Cost of revenue 14.62B 16.06%
