Disney
Longsetup for DIS - The Walt Disney CompanyNYSE:DIS
We saw a good amount of call options on Disney with a target of 105 for expiration in May 2023. I think the stock can also be an interesting longterm investment.
DIS has a particularly unique and powerful economic moat. Disney, is of course, known for its media franchises, studio capabilities, parks and direct to consumer streaming app, Disney+.
Disney’s brand is known around the world, and it is thanks to its brilliant flywheel. Children watch Disney movies and become familiar with characters, series, and movies. Their parents bring them to the parks where they have the time of their lives on rides while also meeting the characters from movies. Then they go home and watch Disney content, more connected to the characters than ever. When they grow older and have children of their own the cycle starts again.
Disney is creating content for the adults now too. With Marvel and Star Wars franchises, DIS can entertain the whole family. There are few if any businesses that have connected to people the way Disney has, and that recognition, and those timeless stories and characters are its economic moat.
Disney has been publicly traded since 1962, and its returns since then are astronomical. DIS stock has returned some 80,000% since 1962, which is 20% annualized over 60 years. Over the last 20 years, the performance has been strong as well, but a bit slower than the early years, compounding at about 10%.
Source: Yahoo finance
Buy Market: 93.00 $
Sell Stop Loss: 120.00
Sell Profit Target: 80.60
When the stock reaches 100.00 $ you can also move the stoploss to your entry price as a breakeven stop or use a trailing stop after reaching this level.
Disney: Fairy Tale Forest 🌲🌳🪄Disney is currently strolling through the dark green fairy tale forest between $103.29 and $88.41, where it should soon finish wave 2 in dark green. Afterward, the share should be enchanted enough to conjure a convincing upwards movement above the resistance at $122.50. There is a 38% chance, though, for Disney to leave the forest on the southern side, dropping below the support at $84.07. In that case, the course would develop a new low in the form of wave alt.II in light green first before starting the ascent.
DISNEY - BEARISH CHANNELThe Walt Disney Company, one of the largest media corporations in the world, has been the subject of a wide variety of criticisms of its business practices, executives, and content. Currently having serious pressure in Florida from Governor De Santy's office, Disney might suffer a chain reaction of investors liquidating and limiting further losses. As politics drive the markets with the highest impact the asset might continue falling. The widening downtrend channel also confirms similar developments.
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dis blow off top? | daily bear div presentdisney with a potential blow off top here. last 3 times we've tapped overbought, it's led to significant sell offs.
been in over bought territory since the 23rd. now have a second daily bear div present. expecting a pull back to daily rsi eq. $100 seems reasonable, but long trigger should be the rsi eq tap.
DIS MAR10 110/MAR3 114 DIAGONAL CALLBull Pull Back Set Up:
Disney made a new swing high on the 9th of this month and has since then pull backed to the 20 day with lower volume. 50 day is also rising and with the candlestick we had today, it triggered my entry.
Gonna give this 3 weeks to hit my target of 114. I'm thinking it's going to want to go test 113.50 again and possibly break through it.
So if it gets to 114 before the 3rd, I'll take off 50% of my position.
Come expiration date, if this trading at 114 or higher I'll close out the entire combo. If we are below 114 come the 3rd, I'll manage the 110 call.
If this falls lower, I'm set up for max loss risking only 2%.
DIS Disney Options Ahead of EarningsLooking at theDIS Disney options chain ahead of earnings , I would buy the $115 strike price Calls with
2023-3-17 expiration date for about
$4.05 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Disney pops on earningsDisney had a nice rally. Its the rally we have been waiting for.
Finally hitting and fulfilling our upside target we are now accumulating a swing short on Disney.
The level was hit in the post market session and has pulled off the highs nicely.
We telegraphed this trade to our subscribers and were already in the money.
Walt Disney - NYSE: A technical analysis. Pt1This article is going to look at the Walt Disney Company listed on the NYSE and my outlook on their stock performance for 2023 from a purely technical analysis perspective. I will not go too technically deep but will endeavor to SHOW my prediction for 2023.
From the 1920’s Disney has transformed into a huge multinational with diverse service offerings, and has enjoyed steady growth over the years however the share price in the last few months has eroded some of this growth and 2023 in my opinion will be interesting and I will show you why.
A look at the Walt Disney chart on the weekly timeframe will show something interesting
Now from around Mar 2021, where Disney peaked to around $203, the company has been on a downward trajectory.
Inserting a trend line from Nov ’21 to Dec ’22 which touches the highs, the share price dropped from around $180 to the low $90’s. Label this line AB. Also insert a trend line CB, (Jun '22 to Dec '22) showing the low points before price action reversed up.
Our timeframe is on the weekly chart.
There is an. interesting convergence at point B. (descending trend line and ascending trend line). This price action forms a descending wedge/ cone. Chart pattern analysts will view this as a sign of a trend reversal from falling prices to rising prices. This is what has currently transpired and the price shot up above the descending trend line AB.
The price has risen to the current $111.63 (at time of writing). Does this mean that Disney is now back on the positive trajectory? Well allow me to show some interesting insights.
The current stock price increase though exciting is accompanied by average volumes (not a lot of demand for the stock). The volume has been nothing but fair and not really convincing to show more upside potential in price.
Now if you super –impose another trend line parallel to CB and labelled it DE, it will bring out a channel that might actually form the new path in which price will start moving in potentially. Now in some cases bull run prices that emerge from descending wedges do not break this parallel line, and it would be interesting if Disney does so.
The final technical analysis tool for consideration though simplistic, is the epitome of elementary technical analysis. The moving averages. They have the ability to show support and resistance points.
The 20,50,100,200 SMA on this weekly chart will help make my case for Walt Disney 2023 stock direction. Price action has broken above the 20 SMA and slightly over the 50 SMA (As of this week) however, there are some key resistance levels, that if not broken we will see further downward movement. If the price breaks the $119 level then we could probably see price go as high at $130 and then $170 and beyond.
THE VERDICT
I strongly think Disney will have another tough year on the market, from a technical perspective the stock is one that I would personally SELL in 2023. I have put up 4 scenarios, which are:
Scenario A - price might retrace to around $120 and comeback down to $80or
Scenario B - price goes up to around $143 or
Scenario C price goes up to $168 retrace down $80.
Scenario D which is unlikely might see Disney hit above $200 by Dec 2023.
This technical analysis though not exhaustive might give some interesting insights.
Verdict: - look for SELL opportunities when price action rises. we might close the year below $80.
Takunda Mudenge is a financial market analyst based in Zimbabwe, Africa. He writes in his personal capacity for educational and entertainment purposes. This should not be construed, assumed or viewed as investment advice. Please consult a professional for such.
DIS Pre-Earnings RunDisney is in the retail news a lot these days but the chart has a pre-earnings run in anticipation that Year over Year financials will look a lot better than it did most of 2022. This stock has been as high as $200 a share so it has plenty of room to continue upward.
HOWEVER, it is over-speculated right now so profit-taking on the earnings release, good or bad, and probably a gap, are highly likely.
This is WHY earnings strategies for swing traders require that you prepare 2-4 weeks in advance so that you're already in the stock ahead of the earnings report. There are smaller funds and retail groups in the mix at this point.
GROM - Tiny OS Highest Short Interest = Short Squeeze ComingGROM has one of the highest reported short interests in the market it briefly squeezed from under 2 to around 4 this week
Then the shorts used the company doing a small 3 MIL offering to attack taking GROM down nearly 40 % on news
This shook many retail but let shorts win for the day, but I don't think this is an opportunity to pick up shares before the shorts get squeezed again
GROM now is left with what still is a relative tiny Shares Outstanding under 7 MIL
GROM now has plenty of cash to execute on its business and grow revenues and a clean balance sheet paid down debt interest
GROM has accomplished management with the connections to really grow this company
Do Your Own DD
SEE LINKEDIN
Jared Wolfson - CEO with some real nice connections
JAKKS Pacific, a leading designer, manufacturer, and marketer of toys and consumer products
Skyrocket Toys, Pacific Animation Partners, The Walt Disney Company, and Zag Entertainment
Russell Hicks, Chief Content Officer and President of Top Draw Animation
prior was with Nicklelodeon playing a key role on SpongeBob SquarePants, Henry Danger, and The Loud House
Prior worked Warner Bros. as VP of marketing for Cartoon Network, and produced content for Disney
Brent Watts was the creative force behind Will.i.am’s Wizards and Robots and award-winning title designs for films such as Lemony Snicket’s A Series of Unfortunate Events, and Universal’s Land of the Lost.
I went into this thinking this just as a trade but I after doing some digging I think this stock is going to be a huge winner for years and years .After it moves 100--500% on its next Squeeze I might just tuck away some shares for the long term
stocks moving just wanted to put my thoughts down before it moves up to much again
In summation I like this STOCK
NASDAQ 100 Index approaching 200 day moving averageTesla, Meta, Google and Disney all higher last 5 days
MARKET TALK
Big tech up sharply during the last 5 days, are investors discounting the “pending” recession and betting on the strength of the US consumer to support big tech earnings throughout 2023?
Tesla: up +9.43% last 5 days; earnings beats the street reported record revenue for Q4 2022
Meta: up +5.75% last 5 days; earnings due out on February 2nd; estimate to earn $1.5 per share against previous actual earnings of $1.64 per share (EPS)
Google: up +7.02% last 5 days; are the recent headcount and cost reductions good for shareholders?
Walt Disney : up + 6.10 % last 5 days; reports earnings on 8th of February; estimate to earn $0.8012 cents per share against the $0.3 cents per share earned during previous earnings period
TECHNICAL COMMENTARY
NASDAQ 100 Index (US 100 CFD)
Faceing hard resistance at its 200 day moving average….can the prevailing short term uptrend remain intact?
Multi week higher tops and higher bottoms on price indicate a prevailing short term uptrend (5-13 days), the index faces strong resistance around the 200 day moving average spotted near to the $11,950 (round number) while downside very short term (1-5 days) support seen at $11,740 and $11,550; provided price can hold above these supports or manage to break above its 200 day moving average (see chart) the prospects favor a continuation of the prevailing uptrend for short term (14-25 days) upside potential targets towards the $12,420s.
Not investment advice. Past performance is not indicative of future results.
DIS - Price Targets & Stop Loss📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red = Stop Loss
🟢 Green = 1.2:1 Risk Reward Ratio
🟡 Yellow = 1.5:1 Risk Reward Ratio
🔵 Blue = 2:1 Risk Reward Ratio
👀 So what are we looking at today…!!!
🚨( DIS ) The Walt Disney Company🚨
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 networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films 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. Further, it licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; provides consumer products, including licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games; operates a direct-to-home satellite distribution platform; 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.
Disney to find support at psychological support.Disney - 30d expiry - We look to Buy at 100.22 (stop at 96.86)
Previous resistance at 100 now becomes support.
Trading close to the psychological 100 level.
We look to buy dips.
Short term momentum is bullish.
We look for a temporary move lower.
Bespoke support is located at 100.
Support could prove difficult to breakdown.
Our profit targets will be 108.44 and 110.44
Resistance: 108.84 / 113.00 / 118.00
Support: 104.50 / 100.00 / 98.00
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Disney - Let The Fun Begin! 🎩Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on MONTHLY: Left Chart
DIS is sitting around a strong support in green 85.0 - 95.0. For the bulls to take over long-term, we need a break above the blue resistance 120.0
Meanwhile, since we are around a support zone , we will be looking for buy setups on lower timeframes.
🏹 on DAILY: Right Chart
For the bulls to take over short-term, we need a break above the last high in gray.
Meanwhile, until the buy is activated, DIS can still trade lower inside the monthly support or even break it downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DIS - Is the bottom in?It is hard to tell what is really going to happen to disney. The valuation on a fwd PE looks to be reasonably valued as well as a low price to sales ratio. The question really is, are they going to pay down their debt over the upcoming years and will they have the free cash flow to support paying down that debt.
From a purely technical standpoint, it is at the 61.8 retracement level from the 08 lows to the 2021 highs. With price going all the way back to 2014 and at two levels of big support, I think there is good risk/reward for the short term and potentially the long term if this is it's low. I think the big driver moving forward that has to become the dominant player in the space is it's streaming business.
A close below 87 and you can see volume drop off pretty heavily so this baby can fall fast. I will most likely look to short and pick up shares at $65 if that were to happen.
This is not financial advice! Good Luck!