Disneylong
Longing Disney. DISGoals 150, 156. Invalidation at 129 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
DIS Disney Price TargetsTwo weeks ago you could have bough DIS at the October 2020 level. What an opportunity that was, with one year and 4 months gains washed away.
But now they reported a strong Q1 earnings:
earnings of $1.06 per share vs 57 cents in the Zacks consensus
revenues of $21.8 billion vs $21.2 billion analysts expectations
Disney+ subscriber numbers: 129.8 million vs 125.8 million expected. That was somehow to be expected after the NFLX earnings .
Parks, Experiences and Products segment growth of over 100% YoY
My price target is the $159 resistance and, if they continue like that in the second quarter, $175.
Looking forward to read your opinion about it.
DIS setup with potential magic mountain profitsThere is a wolfe wave setup on thed daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 189 with potential psych 200 tgt. These targets are expected before March 10, 2021.
Walt Disney Company | Fundamental Analysis - Opportunity ? 🔔he Walt Disney Company ended the second fiscal quarter with 103.6 million subscribers to its streaming service Disney+. Although that was more than double the number in the same quarter last year, analysts had expected Disney+ to have 109 million subscribers at the end of the quarter.
The stock has dropped sharply since the earnings report was released and is now down 4.3 percent year-over-year. Investors are probably questioning if Disney is still a good investment.
Here are some important points from the Q2 results that hint that the House of Mouse is doing well and the current decline could be a good buying opportunity.
Disney was already actually set to frustrate investors after Netflix missed its own subscriber forecast in the quarter ended March. There was a strong surge in subscribers to streaming services during the pandemic, which may take a quarter or two to level off.
Nevertheless, there were lots of aspects in the earnings report meaning that Disney+ is still on track to meet its long-term subscriber goal. For instance, CFO Christine McCarthy said that Disney "grew subscribers faster in the last month of the second quarter than in the first two months." And that's in spite of the first price increase for Disney+ since launch.
Covering the near-term outlook, CEO Bob Chapek said: "We're on track to reach our forecast of 230 million to 260 million subscribers by the end of the fiscal year 2024."
Even after price increases last quarter, Chapek said that "we haven't seen a significant increase in subscriber churn after price increases in region."
The company anticipates subscriber growth to be greater once content production returns to full capacity. Chapek said that "the anticipation for the new Marvel series "Loki," which will be released June 9, is off the charts."
Don't forget that Disney has racked up more than 100 million subscribers without using the deep pipeline of Star Wars and Marvel content that company executives announced in a
December presentation to investors. As the company adds more content from these powerful franchises, the number of subscribers should increase.
Disney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter. It, of course, contrasts with Netflix's 6% annual growth in the last quarter. But there's more to it than that.
The drop in ARPU is due to the launch of Disney+ Hotstar in India, which brings in less revenue per user than Disney+ in other markets. Excluding Hotstar, Disney+'s ARPU would have been virtually unchanged at $5.61.
"As we move into the rest of the year, we should start to feel the positive effect on Disney+ ARPU from the price increases we have undertaken around the world," McCarthy said.
Of course, theme parks are still an important part of Disney's business, with revenue of $26 billion in fiscal 2019. Revenues from Disney's parks, attractions, and products fell 44 percent year over year this quarter. But that's an improvement over the 53% drop in the previous quarter.
Company executives said more good news during the earnings call. "At Walt Disney World, attendance trends continued to improve steadily throughout the second quarter, and guest per capita spending was up again by double digits from the previous year," McCarthy said.
Disneyland Resort opened on April 30, and management is "very enthusiastic" about the response from guests.
It's hard to say where the stock will move in the short term, but Disney franchises are some of the most valuable in the entertainment industry. It's safe to say that once Disney adds more content from its top brands on Disney+ and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, you could consider the price decline a good buying opportunity.
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good Day trading !
DIS ER Run Up!$DIS 4HR Chart ...
FA & TA
After a stunning growth in Disney's Disney+ subscription, surpassing just over 100 Million subscribers from its 2019 launch, what more does Disney have in-store? It is evident with vaccines rolling out and states changing public health & safety mandates, people are itching to get out and enjoy in-person activities. This has caused streaming services to take a hit, such as $NFLX as they only harbored nearly 4 million subscribers (2 million less than expected). Luckily for Disney investors, we can hope to see some positive insight with Disney Parks and Cruises. Although cruises are still halted, some parks have been open with Covid restrictions, so perhaps this may the first step on the track to profitability. For potential new investors, the current price may be less attractive due to it still being near ATHs, so it's possible we see some selling pressure to see 158-170 price levels (discount, BUY!) for long term buyers to flourish in. It would be wise to sit sideline and let this upcoming earnings give some direction... Now, DIS has been consolidating within a price range of 178-191 for the past month and with earnings coming up this can potentially see some strength to breakout the current descending triangle. Over 190.50 would indicate some strength and a reversal to retest ATH. However, there is still some downtrend resistance to clear, so we could see a rejection/ false breakout over that resistance line (orange) and head down to 178.70-179 level. Under 178 would invalidate this idea.
Initial Entry: 185
Breakout Entry: 190.50
Target: 195+
Contract Ideas DT/ SW
DIS 185C 5/14| 5/21
DIS 190C 5/21
DIS 195C 5/21
DISNEY $DIS BUy ALERT - Could Earnings help Hit Wave 5 Target?DISNEY $DIS BUy ALERT - Could Earnings help Hit Wave 5 Target?
Disney has been doing pretty well over the year.
New streaming service is helping it make even more money aye!
I see an Elliott Wave forming on it. I am long already and adding more.
Target is $199
DIS - LongI believe we're seeing breakout heading into Earnings, and am expecting a monster move forward. Targeting 220 by early April.
i am long with vertical spreads and 200 shares.
Disney + could be a monster, and propel this stock forward in a way DIS has never seen. (Mini netflix with theme parks, and A+++ IP )
Who doesnt <3 growing up with Disney?Currently close to a very strong resistance point at around 128-130 range
the next support resistance point is at 116-117 range.
Key pointers;
like a portfolio, Disney is a great diversified business
- media
- theme parks
- hotels & cruise
- merchandise & royalties
- Disney+ (recently Mulan movie featured there!)
Theme Parks / hotels & cruise account for around 35% of the over business of Disney and though badly impacted, they are still generating through merchandise / royalties (oh the number of products lunches with other brands during recessions are staggering), entertainment channels and subscription through Disney+. If can only get bigger!
2nd Nov Target Price - Low / $138
2nd Nov Target Price - High / $152
DIS - Walt Disney buy support zonesHello traders,
Description of the analysis:
Walt Disney Company ( DIS ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob