DIS
DISThink this could be another great post earnings opportunity. From being in a chop zone prior to earnings and then earnings accelerating price action to put it right into either a supply or demand zone. Obviously sold off right into a demand zone. This one is a little more "patience" involved as there are two demand zones I am seeing right on top of each other and the after hours market went into both of them, with price pre-market currently popped out of the first demand zone.
What I like is that it is in a downward trending channel (so this is against the trend) but I like it because of the potential set up it is presenting. Coming out of the demand zones, I am going to be looking for a retrace back into the top zone to potentially set up a 1 -2 ; (1) - (2) wave count. If the demand zone holds and a higher low is made within the zone on retrace, this can give it a great opportunity to begin a Wave 3 impulse up to power up and out, hopefully breaking the downward trending channel.
So, I'll be watching for a retrace back into demand. Likely we could go straight for the channel resistance and if this happens I'll still wait for a retrace. Confirmation of the set up playing out as planned will be a higher low in the demand zone and then a break above channel resistance. First price target will be $104. This will most likely just be a small risk play as the overall market health isn't looking too great in my opinion.
If zone fails, and having already entered the second zone around the 97.64 price and that zone failing, the next stop down isn't until 94.
DISNEY Technical Analysis ConsiderationsNYSE:DIS
Based on Technical Analysis the idea is to buy up to a target price of 110$ (for now)
Fundamental Analysis says that:
Disney is expected to report earnings from resorts and consumer products fell by $500 million or more in the period.
One bright spot could be the subscriber numbers on its newly-launched streaming service, Disney+ which is benefiting from the stay-at-home environment.
Walt Disney prediction till 2021 year by Powerful TradersHello everyone!
Traders we do not like to write more.
The prediction of the price you can find on a chart!
Regards, Team Traders "Powerful Traders"
WALT DISNEY COMPANY (DIS) Weekly, MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly and weekly arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
Walt Disney $DISIt is in bearish mode and need to make higher high for a initial uptrend. $92.10 is a support and if it breaks down, It may go down to 79 and forms a cup bottom.
Disney - A short trade ahead?Disney can get into trouble here. What we see is that the stock failed 3 times to breakout the U$ 108 region (evidenced by the 3 blue rectangles). If it loses the U$ 99 (orange line) it’s a short setup, and the prices could sink down to U$ 92.67 (first target, pink line), then to U$ 79.09 (last and optimal target, red line).
I believe Disney is a wonderful investment for the long run, but for now, the stock must give a better sign of strength to breakout the U$ 108.
Watchlist ideas - 4/21/2020 - $NUGT $APT $WMS $DISGold has been a very volatile commodity last month but looks like a recovery is in the midst, $NUGT looks good for another leg up here. Long above 12 with a stop loss at 10.48.
APT, a coronavirus play, has been consolidating right above the rising 5DMA. I think APT is right about to lift here. Good above 14.75 with a stop loss at 12.85.
WMS, a utility stock, has formed an inside day right below the 200DMA. Yesterday's up day was on very high volume so today's action would be a clue for further upside in the near future. Good above 36 with a stop loss at 34.20.
DIS has formed a very nice looking base on the 65m timeframe. In terms of relative strength, DIS has been relatively weak and beat up. Regardless, this could be a good long above 108.
Disney: Bullish Consolidation Analysis 1H (Apr. 21)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the bullish probabilities for Disney's case (DIS) based on its bullish consolidating technicals and strong fundamentals.
Technicals
- We see a textbook ascending triangle pattern, which is a bullish consolidation pattern
- An ascending triangle pattern in a downtrend signals a potential bullish trend reversal
- We can count Elliott Triangle Waves (ABCDE), and see that wave E has completed forming as well
- The Relative Strength Index (RSI) shows great strength on the daily, creating higher lows and higher highs
- The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms on the daily as a sign of momentum
Fundamentals
- When Disney is not aggressively investing into its direct-to-consumer business, it has generated close to $8 billion of free cash flows.
- Disney's balance sheet is strong and affords Disney plenty of flexibility
- With that said, half of Disney’s operating income is generated from its Parks, Experiences and Products segment
- Considering the Parks closed so far and the potential closure of others will have a substantial effect on Disney’s near-term overall profitability
- However, Disney's fundamentals remain exceptionally strong, and the long term picture still remains intact
What We Believe
We believe that Disney is an impressive business, with broad diversification, expected to grow consistently over the medium-term. While this company was hit by the Corona Virus (COVID-19) more severely so than other companies, technicals demonstrate potentiality for a breakout, leading to a small bullish rally.
Trade Safe.
$DIS Could be Shaping Up to Extend the BounceDIS shares could be fueled by a "reopening" dynamic, for movies and theme parks as treatment options and test-and-trace develop, with Dis+ already a winner.
We are starting to look at $120.
Walt Disney Company (DIS) - Opportunity to SELLHey everyone, here's the analysis on DIS. Hit the LIKE button, follow us & leave a comment on ideas you would like to see next!
Summary:
Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell.
Action:
Sell Limit: 109.65 - 112.00
Stop Loss: 123.00
Take Profit: 96.40
Analysis:
On the monthly chart, R1 zone was a key breakout zone along with a strong fibonacci confluence and a pullback of our trend line. There is limited upside in the current price and it could drop to our S1 zone, as illustrated by the yellow dotted lines. If the S1 zone does not hold, we could see price drop lower to our S2 zone before a bounce there.
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If you a 5/15 Put on DIS @$90NYSE:DIS Price would have to stay below projected RED line. Theta (Time Decay) will especially erode contract in the last 11 trading days. 23.8% success. Would not advise naked put, but vertical spread.
$DIS Approached Key Test After Hot Plus UpdateDIS , for all intents and purposes, held the key $90 area in the heat of the battle. And now we are seeing signs that the Plus model is capitalizing on Shelter-at-home. The key zone above sits at $110-115.
DIS update Watched at open the price dip into demand and entered a long position. Took half of my positions off when it came up to a small supply and to lock in profits. Still looking for a longer term target price of 110.
Looking at after hours, glad I kept some of my position on! Will have to see if it holds. If it does, will be hitting my price target of 110 a lot quicker than anticipated!
DISIf DIS holds the 97.50 demand area, I’m entering some long positions with a target of 110. It has tested the above supply few times now and I think it has a good chance of buyers overcoming sellers on the next attempt.
As always, going to watch how price acts and ideally would like price to dip into the demand zone to grab some more buyers.
Disney Under 100 - Corona Virus Won't Kill Star Wars Disney PlusThe parks are closed and ESPN is running Rudy over and over again as most Major League sports are on hiatus .
People instead of looking for a pure cruise play rebound Like $RCL should probably gobble up the opportunity to own $DIS sub 100.
Disney has a more diversified business and assets here is a list .
#DisneyPlus and Marvel assets alone make $DIS very compelling here.
In short the Corona Virus wont kill Star Wars
en.wikipedia.org
DIS / Setup ReadyWave 5 confirmed (beware that we could still be within the B leg of a triangle 4 - which wouldn't change your plan much if your are already in).
