DIS trade ideas
$DIS Bearish set up into 1/6/2022 Post FOMC. Disney has broken a key support that it has had since early/mid December on the 1 hour. This coupled with a bearish triangle forming could see a clean break under 154.26 if $SPY also continues to fall. Under that there is thin price action and the next price target would be 152.47 and under that is 151.39. Puts under 154.26 here with relative strength for the day and $SPY confirmation.
Mega-Bullish On The Walt Disney Company (NYSE: $DIS)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.
Pirates Of The Caribbean RideDisney is dropping faster than Joe Bidens approval rating .
NEVER short the top, short the bounces!
$170 to $180 are great places to short IF we even make it back there.
This is going to be epic.
This will be more exciting than Disneylands Pirates Of The Caribbean ride !
Are you ready?
Do you have your alerts set?
Grab some popcorn ladies and gentlemen because shorting has never looked so sexy.
- Ninja
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 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
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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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