4DIS trade ideas
$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.
$DIS - Double bottom or bearish Pennant ? Calls > 155 $DIS - Double bottom or bearish Pennant ? Calls > 155
- Weekly inside bar formed
- Weekly Demand zone
Dis longLooking for a long set up but first need a retrace to the box below then i will enter a long trade looking for 4:1 returns.
$DIS levelBreakout Zones:
$156.92
$156.5
Bull PTs:
$157.63
$158.55
Bear PT;
$155.65
$154.78
$154.11
Notice the 50ma tap in the consolidation zone.
$DIS Bearish set up into 1/6/2022 Post FOMC. Disney has broken a key support that it has had since early/mid December on the 1 hour. This coupled with a bearish triangle forming could see a clean break under 154.26 if $SPY also continues to fall. Under that there is thin price action and the next price target would be 152.47 and under that is 151.39. Puts under 154.26 here with relative strength for the day and $SPY confirmation.
Disney Disney broke out and recovered with W pattern. Resistance at $170 range or continuation of November downtrend related to omicron? Time will tell.
$DIS LevelsNew chart from me. Looking at DIS here.
I can see another tap and fall from there to consolidate again.
Walt Disney Analysis.Tell me what you think. It's pretty simple to comprehend. I did a quick 10 min look at Walt Disney and this is what I came up with.
Mega-Bullish On The Walt Disney Company (NYSE: $DIS)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 broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures 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; licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; and provides consumer products, which include licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games. Further, it 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.
Pirates Of The Caribbean RideDisney is dropping faster than Joe Bidens approval rating .
NEVER short the top, short the bounces!
$170 to $180 are great places to short IF we even make it back there.
This is going to be epic.
This will be more exciting than Disneylands Pirates Of The Caribbean ride !
Are you ready?
Do you have your alerts set?
Grab some popcorn ladies and gentlemen because shorting has never looked so sexy.
- Ninja
