Disney DIS - $84.75 NEW POSITION ! $100 TARGET0. Notes to follow;
1. Printing a descending wedge;
2. Going to resolve today or tomorrow;
3. $100 Target;
DIS trade ideas
DIS Trade Idea
$DIS is looking good for a small bounce / PullBack so the Bears can Reload their shorts .
I'm in this one Long using CALLS for DEC 30 / STRIKE 90. (Theta is against me, so I need a fast and reliable move to the upside to make any money)
But again, another great R:R, but counter trend, and as s a beta weight of 0.70 with SPY, we need the Markets to bounce to help this trade.
#tradesafe
$DIS - Double bottom ounce?#Disney could see double bottom bounce. #DIS
Target 1 - $90
Target 2 - $93
Target 3 - $100
Target 4 - $108
Risk - a fall to $80
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
DISNEY 1 HOUR IDEA HELLO GUYS THIS MY IDEA 💡ABOUT DIS is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow Thanks
$DIS on 1HR Analysis$DIS on 1HR Analysis
Expecting Disney to be up at open and after 9am to fall.
DIS
Support: $85.92
Resistance: $87.97
What are your thoughts?
Thanks,
Kelly
DIS AnalysisPrice did not play out as analyzed last week which was to take out the buy-side liquidity and mitigate the bearish POI at 108.84 before falling. Price took out the sell-side liquidity first. Price also took the liquidity at 86.28 and is now showing a change in character on the lower timeframe. I'm expecting price to make a retracement back up to the bearish POI at 97.39 next.
Disney Could be Bottoming TodayHitting trendline support from 1998, hitting a trendline that also marked the March 2020 bottom. Lines up with my outlook that equities, housing and crypto have bottomed if it holds.
DIS 9 DEC 22 91/ 16 DEC 22 96 Diagonal BEAR RALLY SET UP:
DIS made a new swing low 11/09 and since then it has made its way back to the 50day with lower or equal volume making this a potential bear rally. The entire market has been in a bear rally, so based on the patterns forming, this should make it's way lower to fill the gaps below.
I used the doji candle on the 28th as my reversal candle at the 50day. And today it trigger because it traded below the previous days candle. Momentum indicators suggests more downside.
I'm set up for max loss on this trade so if this decides to head higher, I'll be ok and move on to the next trade.
I determined 91 would be a safe middle zone target based on the downward channel I drew. And if the market decides to bring this lower....to lets say 84 or 83, that would touch the lower trend line and could bounce back up to 91 to hit the apex of the trade on the 9th.
DIAGONAL SPREAD STRATEGY:
If this falls below my 91 target before Dec 9th, I'll wanna see if this goes down and touches 83 or 84. Lets say it gets there by Monday the 5th. It may want to rebound back to 91. If it does that and gets to 91 by lets say the 8th, I'll close out the entire combo. If this just stays below 91 by the 9th, I'll close out the entire combo as well.
If this goes sideways until about the 8th or the 9th (that would be around the upper trend line which could happen) I'll still have the Dec 16 96 strike. I'll have to watch it the week of expiration to see if I'll wanna close this out a couple days before the 16th.
If this goes higher I'm set up for max loss, so I'll just move on to another trade.
Ideally I wanna see this at 91 or lower by the 8th because I prefer to close the entire combo and move on to another trade.
Disney DIS Short - Descending Triangle/Head and ShouldersDisney DIS Short - Descending Triangle/Head and Shoulders
Disney preparing to break down from a descending triangle . Expecting low $80s price range.
Longer term there's a clear Head and Shoulders pattern that would break down if the descending triangle also breaks
DISNEY - POTENTIAL SHORTDisney was down trending on the 4H timeframe from Nov. 1st to Nov. 9th 22. After a pullback to the .618 fib level, price from the stock began to consolidate and price condensed. Dec 6th price broke out of the consolidation and retested on Dec 13th.
The Price Action of Disney stock is currently creating a Bearish Pennant . If price can break $92 and reject successfully, a short could be profitable.
DIS AnalysisPrice has been consolidated for a few weeks since earnings release. There are a lot of sell side liquidity being built, and buy side liquidity building up recently. I'm expecting price to take out the buy side liquidity and mitigate the bearish POI at 108.84 first if price wants to go lower.
Disney and Avatar Let's wait to see how much the movie AVATAR collects, now that the studios are bought by Disney
Theta Machine > Closed All for Inflation #
I decided to close all my NAKED PUT trades instead of Hedging with $SPY, the reason to that is the move tomorrow can offset my HEDGE if goes against me, even with Beta Weight Portfolio.
So in this case I will reestablish all positions once we are over with the uncertainty, and that's until FOMC (Wednesday 2:00pm).
Disney long4hr momentum has confirmed push to the upside. Entry and target levels are shown on the chart
DIS New Trade > Naked Put
New Trade $DIS
Naked Put
Strike $75
Premium $0.43 x 3 contract = $129.00
Adding to the previous contracts at the same Strike 75 for a total credit of $563.00
DIS 1W BUY STOPWe see the conditions for an upside move due to good fundamental observations and cheap stock prices
DIS AnalysisPrice is playing out as analyzed last week. Price bounced off the fair value gap at 96.32 and right now, it seems that price will be heading towards the bearish POI at 108.84.
DIS, 10d+/15.12%rising cycle 15.12% more than 10 days
==================================================================================================================================================================
This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Descending TriangleEarnings are after market close.
It does not look like analysts are expecting a lot but you never know.
Neutral pattern until broken.
Wide channel down with a horizontal support line at the bottom of the triangle.
No recommendation.
Upcoming Quarter's Earnings
Announce Date
11/8/2022 (Post-Market)
EPS Normalized Estimate
$0.56
EPS GAAP Estimate
$0.35
Revenue Estimate
$21.44B
Analysts Group 1 EPS Revisions (Last 90 Days)*
UP-1
Down-20
Group 2:
Up 5
Down 18
DIS AnalysisPrice played out nicely as analyzed last week. Price filled the fair value gap at 96.32 and bounced off it. From here, I'm expecting price to continue higher to mitigate the last bearish POI of this leg down at 108.84 before continuing lower.
SCALP ON DIS LONG ( 11.23.2022)Newly, reinstated CEO Bob Iger moved quickly to announce restructuring plans for the company. Iger is said to have already began to undo a corporate structure put in place by his hand-picked successor. Iger said the restructuring would result in changes to Disney Media & Entertainment Distribution, a unit former CEO Bob Chapek formed in October 2020 to centralize all film and television sales and distribution. The unit’s chairman, longtime Chapek lieutenant Kareem Daniel, will leave the company. Separately, Walt Disney said on Monday Iger will get an annual base salary of $1 million and a long-term incentive award with a target value of $25 million
short on DISin the short term it seems to have a higher probability of a negative movement regarding price elasticity and GAP.
DIS AnalysisPrice respected the bearish POI at 98.11 and did not manage to close above the opening price despite high volume. I'm expecting price to go lower and fill the fair value gap at 96.32 before we see where do price wants to go from there.
