$DISDisney looks like it’s ready for its next move on the daily chart.
- Currently sitting on a volume shelf
- About to break symmetrical triangle
- Moving averages coming together
- RSI above 50.
- MACD curled.
- Price closed on a bullish engulfing
You couldn’t get more bullish than this.
Keep this on your watchlist.
- Factor Four
DIS
WATCHING $DIS Pre-earnings Analysis $DIS Analysis Target 203.02 for 13.91%
This is normally where I would start my position but those two gaps below have me hesitating at the moment… so let’s see what happens after earnings… I'm definitely keeping an eye on the bottom of that first gap.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
WALT DISNEY:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔Over the past 18 months, investments in the Walt Disney Company have been very risky. Virtually every aspect of the company's business has been severely limited or even halted at various points because of the pandemic. At present, it appears that Disney's recovery will be a mixed success.
Disney management made the right decisions early in the crisis when it took steps to shore up its balance sheet by suspending dividends and raising new capital and accelerating the expansion of its Disney+ streaming TV service. But risks remain, and it's worth examining whether they can be overcome to help the stock outperform the S&P 500 index over the next 10 years, as it has in the past.
The irony of the recent conflict between Disney and "Black Widow" star Scarlett Johansson has not gone unnoticed by investors. The award-winning actress sued Disney, claiming that her contract was breached when the company released the long-awaited movie for purchase on Disney+ at the same time as the theaters.
Since the lawsuit was announced, Disney's stock price has fallen for five straight days, dropping nearly 4 percent, a far greater potential blow to profits than what Johansson claims she did not receive in compensation for her work. The company's streaming service, considered the only shining star during a painful pandemic when user numbers exceeded expectations, has suddenly become a new and very public risk.
In the first six months of 2021, Disney's share of the direct-to-consumer media and entertainment segment grew 65% year over year. This was driven in large part by growth in the Disney+ segment. As of April 3, the company had increased the service's paid subscribers to 103.6 million in just 18 months after its launch. However, growth began to slow in the last quarter, which disappointed investors.
Now the situation has become even more complicated as Disney argues that the lawsuit has no merit. But even if the company wins the dispute on legal grounds, it could cause negative publicity among movie fans and also change the company's film distribution strategy.
The streaming strategy and its potential to boost future profits have received much publicity since the launch of Disney+, but the overall business still relies heavily on Disney theme park operations. Before the pandemic, the parks segment generated 38% of revenue in the fiscal year ended Sept. 28, 2019. In the first six months of 2021, that share of total revenue dropped to 21% as the parks opened slowly and with some capacity constraints.
Now the delta variant is causing a new spike in COVID-19 cases. As a result, Disney has reinstated the mandatory use of masks for all theme park visitors in the U.S. over the age of 2, and business recovery in the parks has become more uncertain. Another area of the company's business affected by the pandemic condition is, of course, Disney's cruise business. Undoubtedly, the risks to the company remain as long as the pandemic continues.
Investing in any stock involves risks, and those risks are unique. The company currently believes it will operate at a Disney+ profit in the fiscal year 2024, but this is not a given. Without knowing how the rest of the business will evolve, it is difficult to determine a short- or even medium-term stock valuation.
However, the company has proven that it can succeed over the long term. As mentioned earlier, it has significantly outperformed the S&P 500 Index over the past decade.
At some point, the pandemic will officially end. Also, at some point, Disney will feel confident enough to either recover its dividend or use its excess cash flow to invest in the business -- or a combination of both.
Long-term investors should feel confident that the brand will remain strong enough to support any future direction of the business. That brand and the diverse businesses built around it are what make an investment in Disney worth the risk in a portfolio built for the long term. The company will report its fiscal third-quarter earnings today, and then investors will have an update on the success of all segments of the company.
DIS ANALYSIS 12.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
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DIS (weekly) Here is DIS long-term count starting in march low with some important levels and gaps. DIS bounced recently near 200 daily MA, could be potentially the end of the corrective cycle. MACD curling back up and RSI over the neutral level are also good news.
I would like a break of 190 to confirm it or this could only be the B wave of the corrective cycle meaning that we can see a potential gap fill below 170, would also confirm that we are currently forming the right shoulder of the Head and shoulders pattern.
DIS is a good company to have in your long-term portfolio, always on the shopping list.
Breakout on DIS after 120 days inside a Flag PatternToday we will speak about DIS; what are we observing right now?
a) The price has been on a Flag Patter for almost 120 days. Yesterday we observed a major breakout of it, and now we have defined confirmation levels for the bullish movement
b) Let's speak about the context first:
-The price is above a dynamic support resistance zone (positive for the bullish move)
-The Price is above the current ascending trendline (positive for the bullish move)
-We have observed a clear Weekly flag pattern above all the two areas, and now we have the breakout of it
c) Relevant levels: If the price reaches the Green horizontal line, we will consider that as a confirmation for our bullish view. If not, we will not execute the setup. Our stop level and also invalidation level (in case the price never executes our setup) is the red horizontal line (below the flag pattern)
d) We have defined two targets using fibo extensions. The first one can be used as a protective area where we move our stop loss to the entry-level or also as a preliminary take-profit zone. However, our final target is the 2nd fibo extension, where we will close all the setup if the expected movement happens.
e) How long can the setup take?: If the movement is successful, we think the resolution can be between 150 and 250 days.
f) How much would you risk on a setup like this?: ALWAYS 1% to 2% of our capital, Never more than that.
Thanks for reading!
DIS Daily Looks ReadyNYSE:DIS broke the down trend line and looks ready to take off.
It gave a small retracement bar today which gives us a perfect spot for an entry at $180.09
The stop loss should be under the local low at $170.31
The profit target is the ATH at $203
Risk/Reward Ratio of 2.3 could be better but good enough with this clean of a chart.
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Besides Microsoft and Walt Disney, Softbank invested $215 million in the company.
I see a strong support at 53 and 32.5 dollars with a potential to 105 and 65usd accordingly.
Sector early indicator? Media sector, only occasionally.The Media sector, a Consumer Discretionary sub-sector - here represented by Disney (DIS, in purple) and Comcast (CMACSA, in blue), - only occasionally act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks: prior to the end of May 2007, prolonged 5 months of weak underperforming prices in 2017, a month and a half of weak underperforming prices around Nov 2019.