DIS trade ideas
Bearish Setup for Disney (DIS) StockI'm anticipating a potential bearish setup for Disney (DIS) stock. The plan is to monitor the market at the open on Wednesday, October 9, 2024, to assess whether the price action aligns with this idea.
If the setup presents itself—I will look for a short-selling opportunity.
Disney is repeating previous head-shoulders reversal pattern?
My answer for the topic is yes.
Disney has broken above the downtrend line, and formed a bullish head-shoulders reversal pattern, exactly repeating the previous price action in Oct 2023.
Now it moves in a bullish channel.
personally, in a short-term, I will take the nearest resistance level (high volume area) as the target for this rally.
what's your opinion?
Gap Fill - Potential Downtrend BreakoutDisney filled the gap today from early August. Tweezer reversal on the 4-hr candles with a brief breakout of its down trend channel. Possible breakout to $92 first target and $95 second target if it can break and hold $89 but a great short opportunity below $88 that can see a downtrend continuation if it fails to breakout.
Disney Running with the Bulls to touch 100! Week of 9/9-9/20Disney finds support from accumulated volume at $87.78, There is a buy signal from a pivot bottom found 28 days ago. The last trade was made 33 days ago by Mcdonald Calvin (CEO of LULULemon) who bought 11.76 thousand shares. The large amount of stocks bought compared to stocks sold indicates that the insiders believe there is a potential good upside.
##DIS
BUY
Entry Point: 88.13
Take Profit: 92.00
Take Profit: 123.60
Take Profit: 135.00
Stop Loss: 83.87
Trade!
$DIS - a bounce for the mouseNYSE:DIS price is currently sitting at the 1 standard deviation of the anchored VWAP from November low to April high. Also, looking at the anchored volume profile, the POC is basically the current close price. I would like to see a pump next week into $92ish area with strong volume. Closed above both the 9 and 21 EMAs. RSI is curling up. I would look to exit around the gap fill between $107 - $114, roughly 25% upside at current level.
Disney About to Give it Up! | $DIS SHORTLooks like the moment of truth for Mickey & Co.
I have been covering this one for a long time, with numerous mentions that Disney is a sell / short.
How low this thing will go, we do not know. Right now I am comfortable saying, -50% is probable.
While there are many factors in play, the broader economy is weak and Disney has done nothing but push people away with their radical political positions. Additionally, the destruction of "woke" mob is unfolding before our eyes.
Short Disney. Make Money.
If this changes, I will update.
DIS - Disney Long Buy Idea, dont miss it!Dear traders,
Id like to share this idea in order to take long positions, price is looking por a previous support levels around 90 and it has already breakout medium term downtrend to offers us a buying opportunity.
Indicators already shown divergence, around 90$ is a great price to buy this company.
best,
The Walt Disney (DIS) share can now fall to USD 40.00Technical Analysis of Wald Disney Company (ticker on NYSE: DIS)
A large head and shoulders formation has been established in the weekly chart for the Walt Disney share (DIS).
A break below the neckline, which is around USD 79.00, will trigger a strong technical sell signal for the DIS share and from a large head and shoulders formation.
There was little technical support for the share before down towards around USD 40.00 (cf. chart).
The stock is now in the process of breaking down below the lower trendline in the long-term upward trend that has persisted all the way back to the mid-80s.
All trends have an end, and often a long-term upward trend ends with just such large head and shoulders formations.
It now looks very much like the Walt Disney share could face a further sharp fall, and preferably down towards the USD 40.00 level.
The Walt Disney share is now traded today around USD 89.75.
$DIS | Allocation | Market Exec |Technical Confluences:
- Price action has bounced off the Demand Zone and a Short-Term Trendline
- Price action seems to be strongly supported at these levels for now
- Few Interest Zones above the current price action and will need to see a proper break above that to go above the 100% Fibo Extension
Fundamental Confluences:
- Disney has a strong moat in the entertainment industry, driven by its vast portfolio of iconic brands, intellectual property (IP), and global reach.
- Earnings are recovering with growth potential in the their streaming services via Disney+ and further expansion of Disneyland parks in China
- FCF has not been good recently due to debt repayment, park expansions and streaming content investments which will target further revenue growth
- Development in it's streaming content and reinstatement of dividend announcements should be monitored
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Have allocated this into my portfolio previously and will be looking to hold this for the Long-Term at least to the 150% Fibo extension range.
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$DIS - potential reversalNYSE:DIS Disney is showing potential for a reversal. I'd be interested in taking a position, especially if it backfills the gap around $86.50.
Targets:
- $94
- $100
Support:
- Around $85
As always, I share what I think and what I do. I'm not suggesting anyone follow my trades. You do you.