$DIS abandoned baby set up?...Interested here on DIS, might find a next week flier, maybe next week $155 at $0.56
DISN trade ideas
DIS'S Official touch down W/O love, price action or slowing downWe should see some sort of price action here, breaking this channel down is not good like not good
at all. If this is an ABC then this is the perfect place for a C wave to end !!!
Walt Disney, will we reach the line.Disney+, as of Oct 2, 2021, had 118.1 million paid subscribers, rising 60% from the year-ago quarter. The average monthly revenue per paid subscriber for Disney+ was $4.12, decreasing 9% year over year due to a higher mix of Disney+ Hotstar subscribers in the current quarter than the prior-year quarter.
$DIS - 11/24/2021Bull Case: ABC, Currently oversold (1D, 4hrs). Psychological Level should act as support (150).
Bear Case: WXYXZ, Expecting to try to fill the gap to 170 before any pullback, Bull gap in 128-134 range can potentially be filled.
DISDIS. Two possible levels of support. That AVWAP + Volume node/.618 retracement seems like a likely area of support. It it fails that level, I don't see it going lower than a 100% retracement/POC.
DIS Long, target 220With the rise of streaming services, Disney is one of the leaders. I'm speculating that DIS is gonna introduce video games soon, just to stay competitive with NFLX.
Technical analysis shows that DIS has been consolidating for a long time and now wants to break out.
Entry: 169-170
Target: 220
Stop-loss: 167
Period: 6-12 months
Position: 5% of the capital
DIS shortive been analyzing and backtesting some charts.
In particular~ shorts. One thing I really liked was DIS short. I was in the long swing that I exited prior to ER, we gapped down bigly of course on ER. They tried to fade it unsuccessfully. When we could not get over the ER gap down, could have looked for a short entry on a smaller timeframe like 30 min or 1 hr. The interesting thing about where we gapped down and then traded to was that it was the perfect 1.272% fib retracement from the April to May down move and I mean nearly to the absolute penny. It was enough to stop the down move for the time being, but with the weekly 100 sma not too far away any longer and also close to the 1.618% retracement on the daily of this bearish trend, it make sense to go test it. The $158.50 level area will try to act as support.
As I stated before, the best would have been to get in when we rejected fading the gap with a 1st target of $159 or so (probably would have taken partial profit on the close Friday). But an acceptable alternative would be to set a stop limit sell under the relative low~ which is what I am doing.
**DIS swing short**
Stop limit sell
Stop: $158.28
Limit sell: $158.75
1st target: $150.50
2nd target: $145.80
I oftentimes adjust additional targets and/or just take profit depending on what price action does. ive been analyzing and backtesting some charts.
DIS, NO touch down "Glitch" in data i guess !NO touch down here guys
i think there is a glitch in
the data. Be aware !!!
Disney's MACD @ one off most extremes reading since 2015We are closing in on our trough soon w/ range btw 8% down to 34% up !!!
Disney's Elliott, just a probable scratch one not completed yet Do not take these estimates seriously, some of these so called analyst have a success rate of <50 % ! Non the less something to consider.
- Based on 23 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $205.43 with a high forecast of $263.00 and a low forecast of $172.00. The average price target represents a 30.61% change from the last price of $157.28.
DIS'S possible target is the MID line W/6% bullish move !The only thing is we need to hold the lower line of the channel breaking that
we have FREE DIVE to 120s or so.
DIS'S Stochastic oscillator isn't giving us the love we need YETNot this moment of writing this idea to say the least . We need some love from this indicator to signal a reversal
non is given so far. We do no need it to happen right a way it could be lagging, but non the less it helps allot
if the majority of indicators are giving the same signals not just one or two.
No time to dieBuy opportunity is visible
Disney is going to open Disney lands and cruise ships in next week ahead…
DIS's Volume is just above average to say the least,if MKT helpus and do not pullback hard we should see 7%-12% bullish move on this ticker !!! Just to be clear
i am already in and my calls are HOT RED, hopefully they will turn green soon enough !!!
Walt Disney is closing an old "Gap" what does it mean for us nowI do not see this as something of magnitude,
far away & different momentum, BUT, gap
lovers can't challenge them they have their
own analysis for such events maybe they
can share their analysis for such a thing.
Disney Long swing tradeWe have a few key levels here coming into play that I’m liking and have already acted upon today, we have support at the pre COVID high which is holding as of now along with the fib levels and a gap which was recently closed, along with my market cipher indicator showing a bottom on lower time frames at least a temporary one but definitely money to be made longing here in my option.
Daily Fibo refusal to go downbeautifully done, for those that like, every time that it tried to go below the fibo, it will bring back. Seems like we bottom at this level.
DIS' 2ed highest volume since Covid's low move a head up/down62 Million shares mark the 2ed highest volume since Covid's crash. We shall see what happen, technically we could go down
further more. I am long with few calls 211126 162.5 . Whether we go further down a bit more just like the charts below
or no we will go up eventfully. I made a mistake by buying early during OPEX week, we shall see what happen.
What do you think is coming next on DIS? Today we will define all the relevant levels on Disney either for bullish or bearish scenarios.
After the gap on the 11th of November , the price kept falling, and now it's a good time to think about reversal areas or the following bearish targets
My main conclusion right now is that we are on a Flag ABC pattern, which means that we may see content with the cloned channel (yellow lines), which makes convergence with the previous ATH in November 2019. That's a level that we should see bullish pressure to keep our bullish thesis valid.
However , if the price breaks that level and reaches 146.00, I will think that my bullish view is not valid anymore, and I would think about bearish targets on the next support level at 130.00
Despite the specific resolution, I think the current situation may be interesting to trade after we have a clear formation. Once we have structures with more than 250 days, it's pretty easy to look into the past for similar conditions and develop consistent setups based on a statistical perspective.
Thanks for reading! Feel free to share your view and ideas in the comment box.
Symmetrical Triangle - Gap FillKeeping a close eye on DIS here- Sold off after earnings leaving a big gap to fill on the upside. Holding a big symmetrical triangle on the daily timeframe along with a falling wedge on the 4-hour timeframe. With buyer volume should really pop- Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on in the meantime along with some RSI-based supply and demand zones - Bullish and looking for a breakout
- Symmetrical Triangle
- Falling Wedge on the 4-Hour Timeframe (See Attached Chart Below)
- RSI in oversold territory
- Slight bullish divergence on the RSI
- Big Gap Fill on the Upside
PT1- $158.76
PT2- $161.83
PT3- $163.67
PT4- $172.55 & Gap Filled
4-Hour Timeframe
Previously Charted
DISThere are 2 options,
a rebound from the +ema500 level is possible, but this is very risky, since we can go much lower, going
lower implies the peak of the first wave and a rebound from ema1000.
DIS appears to be getting close for a reboundThe bleeding after ER seems to be slowing down, daily range contracting. Might be near a bottom or rebounding very soon.
