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Disney

2021 dip buy @ 400$ ?Will we get a buying opportunity at $400 this year? I know, it some people think it's crazy talk. NFLX is forming a classic bullflag, winning Oscars, what could go wrong? Looking at the pitchfork, NFLX is at the top and even after a 17% drop from all time high, it hasn't had a deep correction. The classic argument is that NFLX was a stay at home play. But I disagree, NFLX is too integrated in people's homes and has a solid loyalty profile. Where I do think NFLX will struggle in 2021 and part of 2022 is Hollywood adapting to NFLX. Big Hollywood measures "box office success" -- while NFLX, shares "some" level of data with them, and that's it.... something about "watched by 75% of NFLX subscribers" just doesn't spell "success" for the Hollywood players still. I think as things open, we will see a **temporary** break from NFLX. People will go to the movies, get the expensive popcorn. It's nostalgic and Hollywood loves it too. With any such pressure, and possibly a weaker or unclear guidance at next earnings call, I expect these could be some great dips incoming. I'm patient on this entry. Good luck traders.
NASDAQ:NFLX
by Karam08
NTDOY to 90$ in 2021? (Swing and Long term trade idea)I have been in a NTDOY swing earlier this year catching the run from November to Jan. For some odd reason (and I know we shouldn't trade on emotion) I kind of miss holding NTDOY. So, I had told myself I would look into a long-term entry at some point in time in 2021. Fundamentals: > Pays a nice dividend (although fluctuating based on profit) > Not a Sony, not an XBox -- but better? The flagship switch is a handheld + a TV plug-in console. Meanwhile, Nintendo holds great nostalgic IP with Mario, Zelda and gang, which makes it a product millennial parents want to return to for their kids too. > Theme park -- Although not the scale of Disney, Nintendo's partnership with Universal will lead to the opening of parks across Tokyo (opened now) Florida, Hollywood, and Singapore by 2025. Unlike Disney where they keep the revenue, Nintendo's deal appears to be mainly through licensing. But, more than how much revenue Nintendo can make here, the big shift is how Nintendo is diversifying. This is what you want to see in a long-term stock. > Cathie Wood -- ARKK was investing big on NTDOY from the Nov drop and kept buying the stock consistently until March, which is when they started selling a little. A quick look at ARKK's holdings and you note Nintento is still a top 25 holding as off March 11, while (and I manually calculated this seeing they sold a little on March 11 and 12) -- they hold roughly about 4,595,000 shares of NTDOY in their portfolio today. This tells me that while Nintendo isn't viewed as Tesla style innovation play, there are still big things expected from their expanding eco-system in order to create value. > It doesn't end at the Switch. Nintendo has been rumored to be launching a new Nintendo Switch 2 (Switch Pro) device. This was expected to be announced Q1 2021, but with COVID, this has been pushed to 2022. Strategies: Swing: I am not getting into a swing here. But, for anyone interested, it's not a bad set up in my opinion. From where the stock is at present, there could be a 14% upside in the coming month. Enter - $69-70 Profit target: 14% upside with 80$ Profit target SL set just below 64$ Long-term strategy (hold until 2022 or beyond): I expect some risks towards summer of 2021 (or later in the year?), which could see the price in the range of 57-62$ for a great long-term entry. I would personally think for a long-term strategy, enter in the $68-70 range as an initial position and dollar cost average down if the weakness comes through. NTDOY is just bouncing off the 200 MA currently, so you're not buying at a high starting price. Compared to many other gaming stocks, Nintendo is well-aged and reliable and still very relevant. It is a slower moving stock than some other gaming stocks, but if you're looking for a reliable long-term play, this seems like a great dividend paying play to keep in the bag. Good luck traders.
OTC:NTDOYLong
by Karam08
1
Americans gets ready to go to DisneylandPotential gain:40% Reward/Risk:5 Timeframe: 3-6 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality content videos coming soon..!
NYSE:DISLong
by Moshkelgosha
6
DIS ER run up DIS ER run up ... after a month long correction, Disney is getting close to breaking out of this downtrend channel and looking to make a push back to ATH. Watching for a clean break of the downtrend with an increase in volume and a hold above 173.50 to confirm reversal. With Strong growth in the streaming service and as they continue to push out great news with new film plans (marvel, star wars, etc) I'm very optimistic on DIS er! For option contracts I am Looking at 180C for 2/19. (liquid contract: medium risk/ high reward)
NYSE:DIS
by jUiCE_Trades
4