DIS trade ideas
Disney & PelosiPelosi is in. she has the best advice money can buy. I checked to see what her plan is on buying itm Disney call options. Personally, I don't see it. Seems like a safe parking of a money based on an undeserved downtrend. Purchased 170C leaps, unhedged. Next earnings report should shed some light on the bull case, park revenue, disney plus subscriptions, not sure. The 2022 movie release lineup looks not so good either. Wait for news.
DIS setup with potential magic mountain profitsThere is a wolfe wave setup on thed daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 189 with potential psych 200 tgt. These targets are expected before March 10, 2021.
$DIS Recoups Pre-COVID high - $DISI don't know about you but the fib extension on $DIS worked like clockwork. $DIS has now recouped pre-COVID ATH levels and the trend is appearing to reverse. This will be interesting to watch in 2022.
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Has Disney bottomed out?Disney (DIS) looks like it created a kinda double bottom pattern this December and now it's making a slight uptrend channel. DIS could be bullish from here going forward into earnings in February 2022. As always, picking the best entry point is important, so here's the price levels on the 4hr chart.
P/E = 140
EPS = $.37
52 week H = $203.02
52 week L = $142.04
Price levels 4hr chart:
SMA200 = $168.75
SMA150 = $165.31
SMA100 =$159.35
SMA50 =$150.02
Trend channel 4hr chart:
breakout = $158.92
R3 = $156.57
R2 = $154.42
R1 = $152.17
pivot = $149.92
S1 = $147.67
S2 = $145.36
S3 = $143.21
breakdown = $141.06
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Disney 1 hour chart MA lines have just turn all uptrendDISNEY (1-hour chart) had higher lows on 21 Dec compared with 1 Dec, with SMA20, SMA60 and SMA120 moving uptrend indicating a possible bottoming up and reversal.
1D chart showing RSI divergence in Nov resulting in the lowest low of 142 on 1 Dec.
1H chart showing overbought signal now. Wait a while to enter a trade when the price retracted.
Buy @ 151
Stop loss @ 146
Profit @ 169
Profit to loss ratio 3.2
disney elliot waveIf you look at the chart it looks like an ascending triangle/double bottom type pattern forming
if we can get above 154.23 looks like we double bottom into gap up to 170
im buying 170 calls expiring jan 21
on the weekly chart it looks like the correction abc wave is done and we are starting wave 1
on the daily we finished abc wave, we did waves 1 and 2, now looking to go for wave 3 which will take up to fill the gap
people forget that disney is a blue chip company and that it has been down 30 percent since march, i don't think we will go lower... I think this is a good time to start buying calls esp if we can break 154.23ish
spiderman no way home also came out and is amazing, once it gets on disney plus it will make the stock go higher
the overall market is very bullish too currently
Disney | Fundamental Analysis | MUST READ ! LONG SETUPAs you know, Disney World is getting ready for the holiday tour season, and an influx of guests at levels not seen in two years.
Recently, the media titan's theme parks have been a positive aspect of its financial performance. The parks, entertainment, and products segment stunned analysts by returning to profitability two quarters ago, and park revenues virtually tripled in the quarter ended Oct. 2. There may have been some obstacles along the way, but the House of Mickey is making sure Disney World is all set to surge in business. Let's see what changes this week.
Residents of California must have heard the explosions coming from Disney's Hollywood Studios shortly afternoon on Sunday. It was just the sound of The Indiana Jones Epic Stunt Spectacular returning to the park for the first time since the resort closed from the pandemic in mid-March 2020. Due to quarantine issues and staffing difficulties, the corporation has not hurried to resume live shows since the park reopened. Nevertheless, they are slowly returning to the resort's four closed theme parks, and the Indiana Jones-themed extravaganza is a pretty big deal given the show's large capacity. If your objective is to keep the seasonally increasing crowd of visitors scattered throughout the park complex, you'll want to make sure they have something to do.
Another welcome development this weekend was the return of streetcars to the parking lot. Streetcars play an important role in moving guests from the huge parking lots to the entrance gates. Since most guests are walking through the gates, they will no doubt be glad to be spared the long walks to and from their cars.
In addition, Disney World will expand its hours of operation slightly over the next two weeks. Usually, guests staying at fine Disney resorts can get into the park 30 minutes before the official opening. During the holiday season, they will be able to get into the park a full hour earlier. This will help reduce early traffic at the turnstiles, which is certainly a good thing.
This is the first holiday season for Disney World with Genie, Genie+ and Lightning Lane+, which the company launched two months ago. The new park optimization app and the more contentious replacement of the old FastPass system at a premium price show that Disney is raising the bar when it comes to using machine learning to deliver more personalized recommendations.
Guests can use Genie for free but must pay $15 a day for access to Genie+, which permits booking return windows for access to the Lightning Lane expedited queues that replaced the old FastPass system. And for the two attractions in each of the complex's four parks that require the longest wait times, Disney has added so-called Lightning Lane+ -- guests can pay an additional fee for one-time access to one of these expedited queues.
Over the next two weeks, however, Disney will move several attractions from the Lightning Lane+ system to the Genie+ platform. It may seem like Disney is losing money by doing this at the busiest time of the year, but the fuss makes sense. Genie+ has been criticized by novice users who feel the key return windows fill up quickly. Adding some Lighting Lane+ attractions to the Genie+ options will help boost supply at a time when demand is skyrocketing.
Four weeks ago, Disney World suspended the sale of most annual passes to new customers. It was a rather unexpected move for Florida, but it's a strategy that has been used for years at Disneyland in California.
Annual pass holders are some of the biggest fans of the resort, but they also pay $1 to $4 a day for year-round access. This is in stark contrast to the high prices guests who buy single-day tickets have to pay. Disney also recently made changes to the annual pass system, specifically adding more blackout dates during peak periods for less expensive options. The suspension of annual pass sales -- and the introduction of additional restrictions on when they can be used -- will cause Disney World's average revenue per guest this season to be much higher than in previous years.
The unpleasant backdrop to all of this is that cases of COVID-19 are on the rise again in Florida, across the country, and the planet. The omicron variant is highly virulent, even among people who have been fully vaccinated.
Disney World is not about to close, however. The company has already learned how to deal with fluctuating COVID-19 cases since it reopened last July. It has precautions and measures it can take, which tend to work, allowing it to operate safely in the new normal. Guests will still come, and Disney, as a leading company in the entertainment industry, knows - the show must go on.
Disney at bottom of channel $DIS in channel and is one of the only tickers I’m watching as of now. Still see lots of value.
Sitting at area of high confluence just below bottom of trend line and $145.80 support.
Great risk to reward play… .Risk .30 cents for $4 to top of channel IF the market can bounce.
This morning we rejected top of supply at 147.50 so we need this to reclaim supply for anything bullish really.
Going to start light with some $150 calls with my stop a close below premarket low 145.30
Disney December $164 WISHThis stock fell pretty hard, so a bounce back could happen. How high will it go.. I have no idea.
Taking a look at some trends and numbers, I think buying Friday might be the move.
Long term, I like this stock at $230 by next year. Short term, I like this stock around $160. I've marked some key numbers, if we do happen to see a turn around.
DIS Bearish Continuation Play Following Descending Triangle GapDescription
Been tracking the descending triangle that DIS was working since early MAR, with a short alert set and triggered on the lower boundary. It was a massive gap though (an indication of a strong break-out), so I have been waiting on a retracement before entry.
Today marks a solid rejection of the resistance set in NOV19 and retested before the gap into the pattern on 9DEC20' @ 154.5 , conveniently located at the .382 retracement following the start of this decline, thus triggering the short entry.
The implied move from the Descending Triangle takes DIS down to 136.
I am not a perma-bear by many means, but I am seeing the same things in almost every chart I look at. The rebound to near ATHs in the indexes earlier this week were only textbook retracements in a lot of the names that have made major bearish breaks in the last 3 months.
The VIX is also finding support at 20.
Long Put
Levels on Chart
SL > 154.5
PT : 136
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 145P
R/R & Breakevens vary on fill.
Tight Stops and Risk Management
Only invest what you are willing to lose
Walt Disney analysisDisney has been hammered after the initial announcement of the Omicron variant and since then has not been able to rebound. After today's FED meeting the stock had a nice bounce and it might be testing the first resistance level. Today's candlestick seems quite bullish but I would wait for tomorrow move before pulling the trigger, I also have a bullish outlook for the upcoming 2022 hopefully with their theme parks and cruises resuming a more normal operation.
Let me know what you think and what your outlook is for Disney short and long term.
Walt Disney Company (The). Watch this ticker closely !-Stats: Over the next 52 weeks, The Walt Disney Co
has on average historically risen by 14.06% based
on the past 49 years of stock performance.
- The Walt Disney Co has risen in 31 of those 49
years over the subsequent 52 week period,
corresponding to a historical accuracy of 63.27%
-Too many lines converging in this area
could/might act as support, earning
were disappointing so we might go down
more.
WALT DISNEY always has gapsThere is always a reason why there are always gaps.
Following 5-0 pattern for opening short position, will have to wait for the D leg to complete to avoid losses.
As price approaching 200 MA, 200 MA will serve as strong resistance, even if it breaks 50 MA
There is no specific point to take profit on 5-0 pattern.
Disney at Critical Level, but Which Way Will it Break?I'm neither long nor short on Disney currently, but its hard to argue that its not at a critical price point
Starting w/ 1W chart, price action bounced off of the significant COVID low VWAP, but failed to break above the gap down vwap handoff on the earnings candle before losing momentum on low volume. Confluence between the 1W RSI and Stochastic indicators suggests more upside, but moving down to the 1D timeframe suggests something else entirely.
1W CHART SNAPSHOT: s3.tradingview.com
On the 1D chart the VWAPs lead to the exact same conclusion as the 1W, however the RSI and Stoch point to another selloff in the short term. Stochastic signals overbought as well as a bearish crossover. RSI failed to break above 50, which is a telltale sign of the start of a bear trend, or in this case the continuation of one.
If we see a break above the VWAP earnings handoff, fundamentally we likely wont see any price action above the ATH VWAP resistance. On the other hand if we break below the COVID low VWAP, price action is in freefall anywhere below the .618 fib level at $127.18
