DISLong Run, bounce on Fibo 38, we still on pandemic but slowly its going away, big future for parks and D+ platforms
it will be a slow recovery
DISND trade ideas
DIS 1/6/2022DIS was in a Descending for almost all of 2021. In Nov. ’20, price broke down from triangle and is now in the middle of pulling back in the form of a Bear Flag
We also have a Death cross of 50 and 200 ema signaling a bearish market.
50ema is within Bear flag and price is currently pulled back to it and rejecting it. We are also at resistance level of bear flag. This is my entry.
Entry: 155.33
Stoploss: 163.60
Target: 120.00
DISBroke out of an hourly resistance with volume and making higher lows. Expecting a move to the upside.
DIS is right on the 200 EMA line for the weekly candle. DIS has been on a 200 EMA support line for the weekly candle. Also the are at the level when dis plus was announced in 2019. I have callw swing trades for a month out+ and will be day trading it when it is oversold on the 5 and 15 min charts. Any thoughts on the game plan? Thanks for checking it out and good luck!
Apple and Disney Big Buy!Apple and Disney is at a good discount. This is a BIG opportunity. I mean hold it for months from here.
$DIS backfilled gapDisney has taken quite a beating recently and has backfilled the gap around 130. The risk reward is very appealing here. Stop at yesterday's low or slightly below it. Good luck.
This is for informational purposes only. It is not intended as investment advice for anyone who reads it.
Disney breached key support level, heading down to $128 gap fillDisney had recently gap down and breached the key support levels at $155. The trend and momentum is also negative. If the markets continue remain volatile, I believe DISNEY is head towards $128 to fill the gap by Feb 2022 or earlier. Timing the target is bit challenge as there's always some Santa Claus rally in holidays, but I see $128 is unavoidable.
Disney dips buying setupStock is lower following Netflix, which presents huge buy opportunity as covid will wane out and amusement parks will reopen.
Disney Dip Buy ZoneI have been following disney for a month now. The count I have now is the same as I first saw it. The box is a mix of both the 61.8% of the whole impulse wave as well as the ABC pattern in the last wave down. Also, I'm watching REALLY CLOSELY for the Rsi to diverge as it is already making a lower low with the RSI st a lower low. Looking for support to confirm.
DIS BullFeeling bullish on DIS here lately. New Genie+ in parks will help bring in extra revenue, new rides and updated parks coming 2022. Imagineering getting a refresh it needs with the move to Florida from CA. Whats not to like? Chapek? He isn't my favorite so far but sometimes you have to crack some eggs...
$DIS - Bear Flag Forming, Large Gap BelowWith the recent weakness in the markets, $DIS has formed quite the large bear flag.
If this breaks to the downside, that gap left at $128 is quite a long ways away...
BUYOn weekly chart , DIS has made sharp move to the down side and broke major support that now became resistance at 170.
Now, following Fib retracement and correction trend line I will take long position to next Fib level at 165.
DIS intra day shortHere is another trade I took earlier in the week. Like mentioned previously, I was having issues posting lower time frame charts, but I now have it figured out. So will be able to post these in real time. Will post trade details below
DIS bullish trade DIS oversold here on 1H chart. Plus we have found support and bouncing from this TL here which has held nicely so far. Stochastics oversold and turning up here. Possible retrace to 153 here. SL below todays low. Plus we also have lots of call flow coming in for for the 152.50 strike calls for 01/21/22
DIS Sitting there, waiting for earnings reportSteady volume, horizontal pattern, sitting there waiting for the earnings report?
Symmetrical Triangle - UpdateKeeping a close eye on DIS here as it's still holding a big symmetrical triangle with a big gap to fill on the upside after selling off after earnings. MACD cross and some slight hidden bullish divergence on the RSI on the 4-Hour timeframe (Not Pictured). 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
- Closed Friday Reclaiming & Sitting on the 50-day EMA
- MACD Cross on the 4-Hour Timeframe (Not Pictured)
- Slight Hidden Bullish Divergence on the RSI on the 4-Hour Timeframe (Not Pictured)
- Big Gap Fill on the Upside
- Buyer Volume Picking back Up
PT1- $158.76
PT2- $161.83
PT3- $163.67
PT4- $172.55 & Gap Filled
-- Previously Charted --
DIS Reversal day?Just a small chart on what might be happening in Disney.
Been tracking this a few days
DISIt looks like there is going to be an explosive move on DIS. My view is that it is going higher. The price target would be the 168 resistance. If you see on the RSI it is forming a tight wedge. RSI could be a pre indicator for the direction of the move.
DIS LongDemand Zone below Support line
Entry 155
Stop 151
Target 180
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Disney | Fundamental Analysis | LONG ANALYSIS The Walt Disney Company has been completely crushed by the coronavirus pandemic. The House of Mickey was reluctant to close the doors to several profitable operations, including the theme parks. Management admitted the possible cash trough this could provoke and quickly took steps to shore up the company's balance sheet.
One action management took was to suspend Disney's semi-annual dividend. The move would have allowed the company to avoid sending billions of cash from its balance sheet. The halt was disclosed in May 2020, and remained in place throughout the pandemic, in spite of Disney's enhancing results. This has led some investors to speculate that Disney may resume paying dividends in 2022. Let's take a look at some of the factors that management may consider when deciding whether to resume paying the Disney dividend.
Interestingly, by forgoing the semi-annual dividend, Disney saves $1.6 billion in cash, based on the $0.88 per share dividend it paid in January 2020. That's $3.2 billion a year, which could go a long way toward protecting Disney's balance sheet from any disorder rendered by the pandemic.
When it comes to Disney's balance sheet, it had $15.9 billion in cash and $13.3 billion in accounts receivable as of Oct. 3. To put these numbers in context, Disney had the most cash on its balance sheet before the pandemic - $5.4 billion in 2019. To safeguard itself from any contingency due to the unforeseen essence of a pandemic the company keeps a small hoard on its balance sheet. From that cash hoard, it can pay a semi-annual dividend of $1.6 billion over three years before the cash balance drops to a pre-pandemic high. That's assuming, of course, that the company doesn't lose money on operations during that time.
The cash balance is not a restriction on Disney resuming its dividend payments. But what about cash flow from ordinary operations? In the fiscal year 2021, which ended Oct. 3, Disney brought $5.5 billion in cash from operations. Even after investing in items necessary to run the business, the company generated nearly $2.4 billion in free cash flow. That figure may be a slight limitation since few companies like to spend more on dividends than they earn in free cash flow. In this case, at the former rate, Disney's annual dividend would be $3.2 billion and would be more than free cash flow for 2021 of $2.4 billion.
Nonetheless, management may be ready to handle a slight inequality in the short term, given the company's huge cash balance and recovering business. Nevertheless, one evident factor that could prevent Disney from resuming its dividend payout is the direction of the COVID-19 pandemic. A rise of new cases of the disease caused by the Omicron variant could push Disney into recovery.
Disney could probably resume paying the dividend in 2022. Of course, the chances of resuming the payout at the end of the fiscal year are higher. That would give Disney time to assess any modifications in the company's recovery dynamics caused by Omicron or any other emerging option. Note, however, that it was not the coronavirus outbreak that caused Disney to suspend its dividend payments, but the government-mandated closure of its theme parks and several other businesses. As more people are now vaccinated against the coronavirus, further lockdowns may not occur, making it more likely that dividend payments will resume in 2022.
