Immediate Short on DIS!Thank you as always for watching my analysis. In this video I will explain why I think DIS would be a good swing trade! Remember only risk what you are willing to lose! This is just my opinion and not financial advice!
DIS trade ideas
Navigating Disney's Growth: A Bullish Outlook for Investors
The Walt Disney Company ( NYSE:DIS ) has recently faced headwinds, witnessing a dip to its lowest level since 2014. However, astute investors may find silver linings in the company's transformative journey under the leadership of CEO Bob Iger, setting the stage for a potential resurgence. This idea delves into Disney's recent struggles, the strategic initiatives undertaken by Iger, and the compelling reasons why the entertainment giant could be a lucrative long-term investment.
1. Analyzing Disney's Recent Performance: A Temporary Setback
Disney's stock performance in 2023 raised eyebrows as it lagged behind the S&P 500 by a significant margin. The company faced challenges from disappointing box office releases, streaming business losses, and a proxy battle with activist investor Nelson Peltz. However, this setback is not an isolated event; Disney's underperformance extends over three, five, and ten years. This trend prompts investors to question the sustainability of the iconic brand's appeal in a rapidly evolving entertainment landscape.
2. Bob Iger's Vision: Transforming Disney for the Future:
Since Bob Iger's return as CEO in late 2022, he has spearheaded a series of strategic initiatives to reshape Disney's trajectory. This includes substantial cost-cutting measures, a renewed focus on theme parks, and a shift from aggressive streaming pursuits to prioritizing profitability. Iger's restructuring efforts, including the divisional reorganization and potential divestment of linear TV assets, reflect a departure from his predecessor's approach, emphasizing streaming.
3. Streaming Business: A Key Turning Point:
Iger's commitment to reaching breakeven in Disney's streaming business by the end of the fiscal year is a pivotal milestone. If successful, it marks a significant reversal from perennial losses, potentially transforming the streaming segment into a net contributor by 2025. The impending launch of a direct-to-consumer platform for ESPN further highlights Disney's adaptability to evolving consumer preferences.
4. Financial Outlook: Projected Earnings and Cost-Cutting Measures:
Disney's proactive approach to cost-cutting, with an expanded target of $7.5 billion in structural savings, is a positive signal for investors. The forecasted growth of 17.3% and 19.9% in earnings per share for fiscal years 2024 and 2025, respectively, aligns with Iger's commitment to enhancing shareholder value. These measures, if executed successfully, could lead to improved earnings and a potential reevaluation of the company's valuation multiples.
5. Technical Analysis: Positive Signs for Investors:
Disney's stock is trading near the bottom of its 52-week range but has started to lose downward momentum. This suggests that while investors may have pushed the price lower, there are indications that sentiment is turning positive. The stock's position above its 200-day simple moving average adds further credibility to a potential upward trajectory.
6. Conclusion: A Bullish Forecast for Disney in 2025
Despite recent challenges, Disney's strategic repositioning under Bob Iger offers a compelling narrative for long-term investors. If the company successfully navigates its streaming business to profitability, achieves targeted cost cuts, and delivers blockbuster releases by 2025, it could witness an expansion in valuation multiples. With a current Street-high target price of $120, representing a 32% upside, and consensus estimates predicting robust earnings growth, Disney appears poised for a bullish revival.
In conclusion, while past performance may have left investors cautious, the winds of change blowing through Disney, coupled with positive technical indicators, suggest that 2025 could be a turning point for the entertainment giant.
DIS Bullish Target 110 for April 1Taking a look at the weekly chart, Disney is beginning to show signs of a bottom with the RSI divergence dictation along with strong bullish impulse off these lows.
With that said, stocks to tend to underperform in January and I'm expecting to see similar follow through with DIS which is why my bullish target of 110 is set for April 1
Trade Safe - Trade Well
Where Dreams Come TrueDisney is one of the few legacy media companies that still has more room to fall.
From an Elliot wave perspective, This looks like an ABC correction forming after completion of a 5th wave.
Structure wise, this would also form a macro head and shoulders.
The measured move from the head to the neckline would place the bottom of the corrective wave (c) around the .786 fib level. That would be nearly half the companies value.
From a TA point of view, its not looking good for "The Happiest Place on Earth".
Not financial advice
Do your own DD
Novice Here
EOY Review $DIS first baby steps back up The good thing about NYSE:DIS is the outside quarter
but, it couldn't close above that Q3 high, so still not that strong of a look
given it took out the low of '22 and closed above it, this could mean we've seen the worst
overall, if the 3 on the quarter might see some continuation upwards, I see this just as the first baby steps of what could be a nice run back up
so, first things first, let's see a close above the Q4 high first and than see what's next
anything can happen
short term bearishnessif price violates 89.64, a lower price target would be 86.65. Currently a significant amount of sellers at the current price range preventing price from proceeding further into the high 90s. If price violates with momentum further we could see the low 80s and high 70s again which would provide another opportunity long with enough support.
Downside in Disney?Walt Disney has trended lower since mid-2021. Now, after 18 months of consolidation, some traders may see further downside risk.
The first pattern on today’s chart is the November 24 peak at $96.51. That closely matched April’s monthly low. Has old support become new resistance?
Next you have the lower highs as prices try to hold the November 14 close of $91.07. The resulting descending triangle is a potentially bearish continuation pattern.
Third, DIS is near its falling 200-day simple moving average (SMA). A slip back below that line may confirm its longer-term trend remains bearish.
Finally, the 8-day exponential moving average (EMA) is dipping below its 21-day EMA. MACD has also been falling. Those may reflect weakness returning in the shorter term.
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DIS LongSame as the F idea. It's possible the last low was a washout. Price has regained the Lower median line. If you want to be picky you can run that stop even tighter just below the red line. A catalyst behind these ideas is that the FED will pivot soon and a bull run will really be sparked. Manage your risk and allow the move to play out if we have indeed caught an edge in this market.
Long Term Short Trade Setup on DisneyAfter Elon's "Go F yourself" to woke blackmail con-artist and hypocritical arrogant prick Bob Iger, I really was just curious how Disney was actually doing from a purely technical perspective.
Disney's chart is looking shockingly bearish long-term. Shorter term (like over the next several weeks) it does look like we will hit $100+ before collapsing further, but once that price is hit, it looks like a Disney-like happy ending is NOT in store here unless something big changes fast. And so far Bob Iger and co. have proven to the public that they are actually hell-bent on destroying the company while attempting to make it look as though they have the best interest of the public in mind. This type of narrative, as you know, has been played on repeat ad-nauseam by lame stream legacy media since the Covid plandemic. To be frank, it's nothing more than pure gaslighting. But will it work? In some cases, yes. In other cases, maybe, In Disney's case, the charts are saying no. Actually, the charts are saying "HELL NO"!
For the sake of brevity, I will not go into everything I am seeing on this chart. I really only want to highlight some of the most important indicators which really make up less than 20% of the bearish indicators that I have spotted overall.
First of all, on the main chart I am posting you will see one red ascending trendline which started in 2009. If you have been following me for any length of time, you'll know that I have traced this same trendline on many of the chart (if not most) of our predominantly indicative macro-market leaders (i.e. - SPY, DJI, Nasdaq, DXY, FAANG stocks, energy, oil, regional banks, etc.). This trendline, IMO, is the predominant indication showing whether a stock remains a part of the secular bull market, which by the way, we have never exited since 2009, not even the COVID glitch in the matrix could take us there. Except until now. Enter Disney.
For the first time, not that I follow the rigged U.S. stock market that closely, a major company has dipped below that all important trendline. And it wasn't simply a dip of the toes in the water type of drop. No sir. It looks like Disney has preformed a canonball splash of a 600 pound sumo wrestler. It has absolutely decimated any magical hope of those fairy tale dreamers that may insanely still be holding for the storybook ending here and it looks as though it will continue to do so.
Could Disney be a leading indicator of what will happen to the rest of the companies who follow the same strategy as Disney? I think it may and so it is worth adding to your list of observation.
Now, zooming in to the shorter-term perspective, you will note that we have been moving up most-recently. Yes, the market can be irrational as I have observed and alluded to in my post numerous time before. But here we are. And actually, Disney is not looking bad for a short-term long trade to around the $100-$104 price target. But after that? I would want to short the sh** out of this thing. Longer term target down would be anywhere from $67-$60 somewhere around mid-2024.
May all of your SHORT dreams come true!
Stewdamus
Looking Ahead to the 4th Quarter for $DISNYSE:DIS has been working on a bottom for a long time. The stock has moved up recently due to heavy buying of Dow components for the DIA and other ETFs which require Dow components.
Many Families are making Disney Resorts a holiday location this year.
The stock now faces stronger bottom completion resistance from the 2nd quarterly report, which sent the stock moving down further until this October.
The volume is very low recently, which is partly due to the holiday but also warns of weakening buyer activity at this price level.
However, there was Dark Pool accumulation in the base of the bottom, along with some Pro Trader activity evident in the candlestick and technical indicator patterns. This range now provides moderate to strong support.
DIS AnalysisPrice played out nicely as my last analysis, giving us an upside of +5.52% before a bearish retracement, playing exactly as analyzed. Right now, price is on an uptrend and is on a premium level, filling the FVG created in April. I'm expecting a bearish retracement from here, potentially to fill the FVG at 92.14 or 86.26 next before price climbs higher.
DIS The Walt Disney Company Options Ahead of EarningsIf you haven`t sold DIS before the previous earnings:
Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $3.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
