DIS trade ideas
DisDIS gave a sharp pull back at the end of last week. At the opening bell DIS created a gap to the downside. Let's see if the gap down create a bear flag and continue the downtrend.
Parabolic SARA sell signal is given when the lower SAR Crosses the price line
A buy signal is given when the upper SAR crosses the price line
Longing Disney. DISGoals 150, 156. Invalidation at 129 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Disney back in business ⚡nice bounce off cluster support recently, looking to go long if we break 141.08, will play downside if we break below 127.97
Swing trade from supportNot a very complicated trade, NYSE:DIS bounced off support a few times while in a bear market.
$DIS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DIS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 64.29%.
DISNEY - $126Disney shares are down over 32% from their all time high. Looking to pick up some Disney Shares in that golden pocket range under $126.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
Double Bottom in Disney?Walt Disney has been under pressure for the last year. But now it may have formed a bullish reversal pattern.
DIS dove toward $129.30 on January 24 during the S&P 500’s initial swoon this year. It retested and held that level on Tuesday, resulting in a potential double-bottom pattern.
Next, the pullback represents a retracement of the entire rally that occurred in late 2020 and early 2021 after Pfizer’s vaccine news spurred confidence in the economy reopening .
Third, stochastics have dipped to an oversold condition.
The trend remains bearish and sentiment is negative following the spike in gasoline and jet-fuel prices. However this double-bottom pattern could make traders start to think about a bounce .
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Important Information
TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means.
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
DIS - Bullish DivergenceDIS formed a mini-double bottom @ 129 and a bullish divergence became apparent between price and RSI. Note that a bullish divergence usually signal an imminent Short- (not Long-) Term trend change, i.e., any rebound from this divergence could be short lived.
Bottom fishing here with initial stop loss just below this mini-double bottom. Should the rebound be sustainable, watch out for trendline resistance on the way up (150-155).
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
Walt Disney Compony: ShortDIS broke down the swing pattern in Renko chart. Ichimoku confirms the downtrend. the first target is 125$
Disney | Short| TP|SupportDisney's Support and resistance levels are drawn. Trend line will remain intact for a while. Short position for Medium-term
Still a Star Wars fan, even if the Sequels were shitPelosi* capital bought nearly a month ago at 130, she doesn't lose. Add in the strong technicals and fundamentals and I will be looking to snag some as well under 130 if possible!
$DIS Key levels, Analysis & TargetsDIS Key levels, Analysis & Targets
Time frame D1 Bullish Divergences in MACD Indicator
Leaving this here BULLISH DISSome personal issues I deal with in everyday life but in the split second of my life I feel this truly impatient traders will push this pattern up before a full U has formed, I believe that I am as good as I like to believe baby steps but I know I got this.
DIS: Complete Multiple Time Frame Analysis (H, D and W charts).Hello traders and investors! Let’s see how DIS is doing today, and do a complete Multiple Time Frame Analysis (H, D and W charts)!
First, in the 1h chart, it reacted nicely at the 61.8% Fibonacci’s Retracement, and now it is going up nicely. It is interesting to notice that when it crashed last week, it just hit the previous support at $ 140, and bounced back up quickly.
All of this tells me that DIS wants to engage in a bull trend soon. For now, I would say it is trendless, but we do have some bullish signs around. However, it must lose the 61.8% retracement, otherwise, it could drop all the way down to $ 140 again.
To me, the most important key point is the previous resistance at $ 150, as this is a pivot point seen in the daily chart:
This would be the first pivot point in many months, since DIS started its bear trend, and this could be the beginning of a mid-term reversal, at least. DIS is trendless in the daily chart too, but there are two open gaps (red dashed lines), and if it reverses, they will become targets.
In the weekly chart, I like the fact it is reacting near a support level, but here we see a clear bear trend, as it is doing lower highs/lows and it is below the 21 ema.
Coincidence or not, the 21 ema in the weekly chart ($ 154) is quite close to the pivot point in the daily chart ($ 150), making this point an important resistance.
Let’s see if DIS will trigger its key points or not. Either way, I’ll keep you guys updated, so remember to follow me to not miss any of my future analyses!
DISNEY Inverse head and shoulderDIsney 30 min chart. Inverse head and shoulder, could very easily see Disney catching flame over that 150 level with summer around the corner too
Be Greedy When Others Are Fearful Understanding Trading Risks.
Before investing, learn more about the risks of online trading, including fast-moving markets and the risk of system unavailability. Explore the risks and strategies of margin borrowing.
$DIS Inverse Head & Shoulders plus Bounce Off Key Support - LONGThe whole market is tanking which could invalidate this Inverse H&S on NYSE:DIS , but so far the right shoulder has formed to the bottom and now the expected move would be a reversal to hopefully clear the neckline. That said, even just from here to the neckline represents a ~9% move and gain.
$DIS - Rising wedge into supply zone, puts < 149.5$DIS - Rising wedge into supply zone, puts < 149.5
- 2day & daily formed rising wedge
- Rejected twice at supply zone
- Watch for break down trend line for puts or break above supply zone for calls
DIS weekly supply and demand area Weekly supply and demand zones defined
Zone 1 - 129-147
Zone 2 - 147-158/162
Zone 3 - 162-180
DisneyAfter Dropping to 61.8% fibo zone
Price held 200 DAY MA and quickly rebounded
I am expecting a new High
