Get started
Walt Disney Company (The)Walt Disney Company (The)Walt Disney Company (The)

Walt Disney Company (The)

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

DIS trade ideas

DIS forming wedge before uptick(1D candles) Disney has been forming a wedge as their nightmare year continues. Besides all news going against them (writer strike, poor film performance), it has been consolidating nicely and it appears there is now light at the end of the tunnel. I expect a large spike in price by the end of this year so keep an eye out for a cheap discount on DIS stock before a rally. Keep in mind the timeframe, I don't expect the stock to breakout until late October-November.
NYSE:DISLong
by aferraram
DISNEY Revisiting a 10 year Support LineThis Technical Analysis is on Disney (DIS), on the 2 Week timeframe. Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE. The 1st time we have ever tested SUPPORT on this was September 29th, 2014. Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce. The Most massive gains were from the Bottom of the COVID Crash to the TOP @ approx. $202.00 A Gain of about 154%. It was also a more evident time to buy as the RSI gave hints along with some other indicators. Another one being the GOLDEN CROSS where 2 week 21 EMA CROSSED Above 2 week 50 SMA . Whats happening now? Currently our 2 week candle, has not yet closed. It will do so August 14th. We will give more clues then. If we maintain support thats GOOD, If we see ourselves below it, and CONFIRM BELOW that would be VERY BAD. This would mean we have broken a 10 year SUPPORT LINE. We have also had a DEATH CROSS, which is when 21 EMA CROSS below the 50 SMA. This often times causes price to fall as we've recently seen. The moving averages currently seems like there pointing downwards, indicating that price can still drop more. I would like to see the Moving Averages to flatten out at 180 degrees. To have this happen price needs to bounce from here. Price is also currently in a downward channel.NOTE how the lower trend line of the channel is below the MAJOR RESISTANCE. It can be possible that we test this. Notice the BLACK ARROWS on the RSI and MACD. If you relate them to the lower trend line of the downward channel on Price action. This shows a BULLISH DIVERGENCE. Which is a sign of potential BULLISH MOVE UP. Bullish Divergence = When Price action shows LOWER LOWS but the indicators show HIGHER LOWS. Usually means price is lagging behind the indicators and eventually PRICE will increase to catch up to the indicators. In normal instances, price moves in sync with indicators. If PRICE moves BELOW the SUPPORT, its possible we touch this area indicated by the BLACK ARROW, which coincides with the horizontal black line that touches the previous candle wicks. This would put the BULLISH DIVERGENCE at play. Look to see in the upcoming weeks what happens. Some danger signs are seen in the indicators: RSI -> Currently our ORANGE RSI Line as moved below the BLACK Moving Average. If you look left it has always been associated with price drops. If we continue to stay below, risk of price drop remains. MACD-> Notice how the size of the GREEN histograms have been decreasing, indicating a slow down on MOMENTUM. If we don't see bigger GREEN histograms print, next likely thing is the appearrance of RED Histograms which will indicate increased probability of PRICE going down. ADX -> Highlighted zone shows RED LINE above GREEN. This indicates that bearish momentum is present. As long as RED line is ABOVE GREEN, likelyhood of bearish momentum and price falling is probable. CONCLUSION: Disney has reached the CRITICAL SUPPORT line for the 5th time in the 10 year history of this SUPPORT LINE. Everytime when it did so as seen in previous history, its been known to be decent area to BUY. Is it a good area to buy? In my opinion its hard to tell in this moment. For one, we should wait till the close of this CURRENT 2 week candle on the 14th of August. Something to note, everytime we test a trendline, support or resistance, each time it gets weaker. Keeping this in mind, with the warning signs in the indicators and a potential BULLISH DIVERGENCE, a scenario that can be possible: we break it, to test the lower trend line of the Downward channel, only to have prices MOVE BACK UP. But its important to state that this doesn't have to happen either. We need to be patient and observe what is to come in the coming weeks. Zooming into the smaller timeframes, can also give more concrete short-term clues on direction. Stay tuned for updates on other timeframes. Thank you for your time! Please do support this idea and my work by boosting, following and commenting. Follow for updates and ideas on other trade-ables. If you have any questions do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
NYSE:DIS
by SafofAllTrades
DIS - Falling Wedge (Bullish)On the larger timeframes, DIS is painting a beautiful falling wedge (bullish) that is lined up with a highly-anticipated ER coming up on 08/09/2023. It is also resting at a huge and major support from 2015 at the $85-86 range. Ideally, the bullish idea would be for a great ER that will allow DIS to break out above this falling wedge for a run. You can anticipate the run with perhaps longer-dated contracts for call positions. If you want to be extra safe, definitely consider waiting for a positive ER and ride the momentum as DIS breaks out of the upper trend line to fulfill the bullish falling wedge pattern. Personally, I would like to see DIS perform well on this ER and reclaim a key price point of $90 to push further back upwards.
NYSE:DISLong
by Zodiac-Financials
Disney stock has maintained strong support in the past 10 weeksDisney's stock has maintained strong support levels in the past 10 weeks This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, Disney's stock has maintained strong support levels in the past 10 weeks, with inter district fluctuations above the golden section's 0.236 level! Once Disney stocks close below this strong support level for three consecutive trading days, the downside space opens up and it is likely to fall below the low point of early 2020!
NYSE:DIS
by Think_More
1
DIS Long Term Investment for ROTH IRAMy DIS buy zone is between $84 and $88. DIS presented several buy opportunities over the past few weeks and is starting to form a bullish breakout. DIS is presenting the fourth best buying opportunity since the 1960s, and I plan to hold DIS as a long term investment to hold in a Roth IRA account for 10-25 years. Target Price TP 1 Red resistance line around $94-$96 TP 2 $119.55 is the second key price target TP 3 $153 is the third price target. I can add more price targets later, but I will be holding DIS stock for a long time.
NYSE:DISLong
by realchartchamp
DisneyDisney is becoming quite an enticing looking Buy IMO (NFA), Even though i prefer typically being more of a Degen #degen and playing with things of HIGHER RISK this is beginning to be hard to not BUY MORE of( I've already been trading it for 3 weeks). Though maybe not as hard to ignore as NYSE:VZ lately. I think that Disney has a LOT of future possibilities to make higher profits as well as play into being more of a tech/A/i. play once they begin dropping the narrative with how many various ways A.I. can help them save MASS amounts of $. I also think in a much longer dated play you'll see a narrative for droids to help cut lifelong healthcare etc. and replace a lot of workers they have doing very basic things.
NYSE:DIS
by rarebreed29
$DIS, a story within the storyWith its earnings approaching, could the results and the guidance be the catalyst needed to turn the stock around. This could be a great opportunity and worth analyzing the chart technically. It appears as the stock is starting to gain some attention in the near term as volume picks up and its forming what appears to be a falling wedge (bullish). On the larger scale of things, the stock still has some work to do. Near term, if the stock closes and holds above $88, I would be interested in taking a small position with stops in place leading into the company’s earnings.
NYSE:DIS
by LaTroy82
2
Analysts predict 38% Upside for DisneyDisney's shares fell this week to their lowest point in 2023, largely due to the SAG-AFTRA strike. Disney is sat right near the bottom of its 24 month range, and just 10% off its COVID driven March 2020 low of $79. Despite the negative moves, experts predict that Disney's shares will rise to $120.53 in the next 12 months, a 38.25% gain on current prices. This is based on 18 analysts price targets for Disney in the last 3 months. The average price target is $120.53 with a high forecast of $147.00 and a low forecast of $88.00. Disney, along with its sports channel ESPN, are looking at deals with some of the biggest sports leagues in the US; the NBA, NFL, and MLB. Disney and Warner Bros. Discovery have special rights to negotiate with the NBA, which will end in 2024. Strangely though, Bob Iger, the boss of Disney, hinted that they might sell part of ESPN, which it currently owns 80% of. Disney is moving from cable to live sports as more people are cutting their cable subscriptions. It's unclear what Disney's competitors think about this change, especially if the sports leagues buy a part of ESPN. There are potential headwinds ahead though.. A strike from a group called SAG-AFTRA and a decrease in spending by Netflix in 2023 might cause Disney's costs to rise. This could cause delays in releasing new movies and TV shows, which could lower Disney's earnings. Disney recently said that Iger will stay as the CEO until 2026. This news was well-received, but Iger's earnings caused some fuss. He could see earnings above $27 million this year, 535 times more than the average pay Disney employee. Despite making so much money, Iger has faced criticism for his comments about the striking writers and actors, with some people calling him out of touch. Disney's problems go beyond just PR. The company has issues with planning for the future and dealing with its structure. They’re currently looking for a new Chief Financial Officer to replace Christine McCarthy, whose tenure lasted over 23 years. All this is happening when people are questioning why CEOs earn so much more than their employees, a big topic in the fight against income inequality. However, this negative sentiment should prove to be temporary. I believe Disney stock is headed higher in both the short and medium term and the March 2020 low should hold, making this an attractive entry point.
NYSE:DISLong
by HayeTrading
8
Disney Finding It's Place In The MarketHistorical Performance: Over the years, Disney's stock has shown long-term growth and has been considered a stable investment for many shareholders. However, it's important to note that past performance is not indicative of future results, and the stock market can be subject to fluctuations and risks. With all of its attractions and streaming products disney will be here for a while and I do think looking at it short term it's been consolidation quite abit at these levels. On the visible rang volume profile it shows on the 4 hr chart it show consolidation levels at 88.46 - 89.19 and 91.68 - 92.81. If disney falls under 88.46 if could possibly test 87.34 again. It also shows point of control at $92.25. which means it there's a lot of buying pressure at that level. It has a huge gap to fill starting at $95.10 all the way up to 96.61. That leads me up to the earnings. The cause for that drop came from a missed earnings which out of the last 6 they missed 3 and beat 3 every other one. If were being optimistic since they missed the last one they should beat this earnings coming up bases off pattern. But, Of course a lot of other things play into their financials. Looking for a run up prior to earnings to at least mid 90s if it cant break these consolidation zone. I do think this is more of a long term hold. Next resistance after gap fills we should see disney at the $100 levels. Trade Responsible, #TradeTheWave
NYSE:DISLong
by FinesseTheWave
1