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Disney

COVID lingering Sets $DIS Back; Strong SHORT for interimWhile positive news continues to brew for Disney, the continued lingering of the COVID-19 pandemic has prevented its stock from being able to test, climb, and surpass the 120/share mark. Without further news of re-openings to come, expect $DIS to continue to struggle; although, it probably will avoid "Bottoming out" too badly. That said, a second-wave, or spike, in COVID outbreak could prevent Disney from getting back on track anywhere near as quickly as it had hoped. With social distancing guidelines expected to affect park-goers too, it might be a while before people are flocking to the beloved Mouse's parks once again. While there was a strong buying window for $DIS approx. 2-wks ago, it is now back into range of being a strong short opportunity, or a great point to sell off and forget about it. Disney has an uphill battle that is going to be very tough, and while it will rebound, the time frame continues to be one of such indefinite nature that other investments may be the way to go...That is, if capitalizing on "COVID CORRECTION SEASON" is one of your personal investing goals.
NYSE:DISShort
by BDRTrigger33
Disney to the SHORTSThe charts are screaming that its going to drop in my opinion, i'm really seeing a strong head and shoulders formation on Disney right now and despite that amongst the current news no matter whats going on there will be panic tomorrow and someone might as well make some money off of it. Disney isn't ready for a full recovery yet which means theres going to be some sort of sell off. Shanghai Disney while re opened is at 30% occupancy which short term might fuel buys but I don't see it sticking. I definitely am sticking to short right now.
NYSE:DISShort
by StonkMan69
Disney Dips on Missed Earnings- Disney reported a $1.4bn miss to profits in the first three months of FY, as it closed its parks, movie releases and reduced advertising sales. - It reduced capital investment by $900m and suspending a planned dividend payment. It also has furloughed more than 100,000 employees last month. - Technically the stock is bounced of the pitchfork resistance parallel (this has done a great job describing price action). It's now oversold and has broken out of its short term uptrending channel. We expect prices to retest it's previous lows - possibly near the lower pitchfork parallel. - Disney has been a great growth stock over the years - but's it gonna be a slow recovery in big parts of it's business - don't see this stock zooming up.
NYSE:DISLong
by Tuhi_Capital
DISNEY; We Going to Space Mountain or What?✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Disney 🐭 has earnings coming out soon. It is likely the Disney+, ESPN+, Hulu, home video, and maybe even some online shopping parts of the business are up. However, theme parks are closed and those parks generate about a third of Disney's total revenue. Will traders look past the potential theme park related hit on earnings and take us to Space Mountain, or are is this stock about to drop off the Tower of Terror? 🎢 --- 1. We are looking for a clear uptrend to form or for the downtrend to continue either into earnings or shortly after. 2. Fractal Trend is showing a downtrend (Red bar color) for DIS on the daily. With this strategy, we want to go long ONLY when Fractal Trend is Green and Breakaway scalper shows a Green bar color. Meanwhile, we want to Short Only when Fractal Trend is Red and Breakaway Scalper shows a Red bar color. 3. If traders are bullish on earnings, then we will be looking for a path like the highlighted one in Green to play out. Here we expect reactions at R1 - R4. 4. If traders are bearish, we expect reactions at S1 - S4. 5. Ultimately the chart should tell us whether short term pain in theme park revenue is more important than user growth for Disney+ on other digital media. Keep in mind, the theme park side of their business currently represents a much larger chunk of their total revenue. Source: thewaltdisneycompany.com
NYSE:DIS
by AlphaBotSystem
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.
NYSE:DIS
by Dinjin
1
Six Flags (Short)I am waiting on this trade to slowly develop, see if the pattern holds for the next couple of days... hopefully, it can be a perfect short coming earnings date (4/30) Six Flags has been holding $14 strong since April 8th.. I am sure we have not seen the end of COVID-19, I think Six will remain closed for a long time and cause us to fall back to 12 or below! We have hit $17 three times and have been rejected strongly, I would expect the same from this trade. Good Luck!
SShort
by mzombie2
Disney - A short trade ahead?Disney can get into trouble here. What we see is that the stock failed 3 times to breakout the U$ 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.
NYSE:DIS
by Nathan_The_Finance_Hydra
6
WHEN a plan comes together! $103 level on $DIS from todayHad this $103 level on watch pre-market. Got a nice entry on the break of the level. Stock selection and level selection are both key! Stuck to my plan... only hit target one but a decent trade non the less! I cover my entire watchlist and watchlist performance report (2 part daily series) on my YT xeenos trading Sending positive energy to all the traders out there! Look forward to putting out more charts to the community!
NYSE:DIS
by xeenostrading
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.
NYSE:DISLong
by XForceGlobal
9