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DIS trade ideas
Indicator "Low 20 Days" Good evening. I am currently in the process of writing an indicator 'Low 20 Days".
I would like to see the price behaves the reaching 20 days low.
Indicator should determine Low 20 days, but works on H1 charts.
Interesting, the value low on the chart H1 and D1 is different. And now, I don't know where the mean is correct.
Can anyone explain this behavior of the price?
Disney earnings gap up speculationBCBA:DISN
Disney is selling off because of the bad news of the peer group like Netflix. I think Disney is doing way better, they don‘t face the same problems like Netflix and besides of that the Disney theme parks are bursting full.
I think Disney will beat the estimates, which could lead to a gap up similar to Meta a few days ago.
I‘m going to speculate on that and buy a long knock-out warrant on Disney before the earnings.
$DIS Searching for Demand - Long Opportunites on DeckDIS is currently trading below its first major demand level and into the Market Discount Zone. Long positions can be built here but expect a possible return to the origin of the march move between 70 and 90 dollars at the next Major Demand area Down. Remember building a responsible long position in the market means buying time if you are in options or allowing sufficient time to pass while accumulating for any reasonable opportunities to play out. The market wont be a casino forever, and will eventually return to the slow and boring long crawl we are all used to.
$DIS - Found a support and could bounce!Disney just hit the lower trendline of the downward channel. Current price of $115 - $114 area is also a 2.0 fib extension area which was a long resistance area before breaking out.
For those reasons I believe it may have found a good support area for the quick bounce to $125 to $128.
However, there is a risk that if current support fails, it could fall to $92 area. So stop loss based on your risk tolerance is necessary.
Target - $125
Risk - can fall to $92
How would you trade it?
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
$DIS Long Longing at any one of these Bull reversal zones, before price moves back up into to 152.04 and retests this Bear zone.
This current move to the downside started when the bear candle at 152.04 closed. So this is the current downside move that price is in or $DIS is in. Price will have to come back and retest this bear move just like every other bearish move has been tested. So longing at any of these Bull zones before that move back up to 152 happens.
If price violates the current Bull zone at 113.79, then it will move lower to the next Bull zone below at 90.55. If price violates that Bull zone, then it will move lower to the next Bull zone below at 66. ETC.
So Price could end up breaking through all of these Bull zones and if it does that, it would move to the lowest Bull zone at 19.31. Which would be the ultimate Buy. If that ever happened.
Price has already violated and broken through one Bull zone candle at 132.40. And in turn, moved lower to the next Bull zone candle below at 118-113.79. So if this current Bull zone candle holds, price should reverse here. If not we'll see price breakthrough it and move lower to the next Bull zone candle at 90.55
We'll see.
The most current and closest Bull zone LONG entry point is at 113.79
2nd: 90.55
3rd: 66.05
4th: 33.81
5th: 19.31
Time to Buy DisneyDisney is oversold. Remember that sharp downtrends can offer profitable opportunities for short-term traders . Long-term investors can also take the chance to buy at this attractive price range.
Short Term Trade Idea
Entry range: USD111 to USD115.
Price target: USD135
Profit potential: at least 17%
Medium to Long Term Trade Idea
Entry range: USD111 to USD115.
Price target: USD170
Profit potential: at least 47%
DIS Just Broke Crucial Trend LineDisney has been in the news a lot over the past couple weeks, fighting a bill that was passed in Florida. In reaction to that we are seeing FL state strip Disney of self governing status . This will cost DIS money and will add red tape to their operations. This negative fundamental news is matched with a very bearish technical set up. DIS just lost crucial trend line that had been held for over a year. Now that this trend line is broken I believe we trade down to support around $100.
Disney's Troubled Waters$DIS has been in a slow decline since March 2021 ATH.
Recent political winds have shifted and Florida is rescinding the "Reedy Creek" special purpose district that's been in place since 1967 following partisan policymaking.
The most recent declines this week are not indicative of the much broader weakening of consumer sentiment, more a doubling down and reinforcement of the economic headwinds corporations are facing in light of rampant inflation and a Federal Reserve that is no longer able to accomodate loose monetary policies.
Given the likelihood of central banks taking dramatic steps in the coming months and major economic indicators screaming correction, it's not surprising to see companies like Disney & Netflix show significant weakness as consumers curtail spending.
This appears to be more of a leading indicator of corporate valuations coming down... similar to the declines at the outset of 2020 before the pandemic really took hold of the global economy.
Expect $DIS to test the 200 EMA around $91 in the next two months.
Further bearish price action is expected to the March 2020 $79 level.
Depending on the broader market's direction and significant recession risk, as the Fed begins divesting assets from its balance sheets along with rate hikes not seen in over a decade... Disney may see even further retraction given its reliance on retail consumer spending behaviors.
Recent relevant market pullbacks:
1. Dot.com bubble w/ ~65% retracement
2. Housing bubble with a near 60% retracement prior to Federal Reserve quantitative easing and near zero interest rates.
The Walt Disney Company (NYSE: $DIS) Wicks Thru Golden Pocket!🎯The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney as well as Aulani, a Disney resort and spa in Hawaii; licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; and provides consumer products, which include licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games. Further, it sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.
Disney Short Setup Looks like there is such a thing as bad publicity.
$DIS barely hanging on. I think anything above $150.00 is a fairly safe place to short the Disney stock. While I have not entered a short position yet, I am considering it and I will update this chart when I do it.
How deep? I think this thing can easily lose another 50% - 60%.
We will watch !
God Bless!