$DIS - slow grind upBullish hammer on the monthly close. Selling has dried up and risk-reward at these levels is looking good. Look for the grind upwards as the mouse bounces back. Projection based on prior patterns where selling has dried up.
DIS trade ideas
DIS: possible short term bounce?There is a positive divergence between RSI and stock price.
This is can give short tern relief to the stock up to $92.
Best price to buy is from 76 to 70 dollars.
Under $70, it is no touch as it can free fall till $42.
Long term it is good, but with global market in recession might push this stock to 70-75 and consolidate there until global markets recover.
Happy investing.
Disney to continue in the sequence of lower highs and lows.Disney - 30d expiry - We look to Sell at 85.45 (stop at 88.45)
Daily signals are bearish.
Previous support level of 85.50 broken.
Previous support at 85.50 now becomes resistance.
There is no clear indication that the downward move is coming to an end.
This stock has seen poor sales growth.
The sequence for trading is lower lows and highs.
Our profit targets will be 78.05 and 76.05
Resistance: 83.67 / 84.70 / 86.19
Support: 80.56 / 79.75 / 79.07
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Disney: Bears are back! 🐻After an optimistic start to the first half of September, the Disney share price has been dragged lower. This development is in line with our expectations, as the price should fall to the green target zone between $73.84 and $54.04 in order to place the low of the green wave (II) there. Only then should there be a rebound that can be capitalised on with long positions opened in the green zone. An alternative would be for the price to break above the resistance at $103.77. In this case, which we give a 34% probability, the low would be the one already placed with green wave alt.(ii)
DIS - Down to Strong Trend LineStrong Trend Line in red
Price is currently sitting way above this with a bearish structure forming
I expect a movement down to about $30 for DIS, recovering at this strong trend line in red.
📈📊 #ChartPattern Alert! 📈📊 📈 Falling Wedge 📈📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern.
📈 How to Identify:
Draw a trendline connecting at least two higher highs (upper trendline).
Draw another trendline connecting at least two higher lows (lower trendline).
📈 What it Signals: The Falling Wedge suggests a potential bullish reversal, with buyers gaining strength as the price reaches higher lows within the wedge. It often forms during downtrends and can precede a significant price move to the upside.
📈 Trade Strategy:
Consider buying when the price breaks above the upper trendline of the Falling Wedge.
Set profit targets based on the pattern's height added to the breakout point.
Implement a stop-loss to manage risk in case of a false breakout.
Remember to validate your analysis with other technical indicators and conduct thorough research before making any trading decisions. Happy charting and trading! 📈💹
Disney (DIS) -> Major Reversal AheadMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Disney.
At the moment Disney stock is retesting a major previous monthly support level from which we already rejected multiple times towards the upside in the past.
Considering that market structure on the lower timeframes is still bearish though I am just waiting for more bullish price action before I think we will see a major bullish impulse.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Long Disney: The Mouse Takes it To The HouseNever Bet against American Families and Culture
The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California
DIS - Testing Long Term Horizontal SupportDIS has tested it's long term horizontal support @ 79 and it is holding so far.
A potential bullish divergence is also seen on its monthly chart which increase its odds for some upside bias for the next 1-3 (monthly) candles.
The caveat for divergence is that it only signals a (potential) short term trend reversal, lasting on the average 2-3 candles and does not predict a longer term change.
If seen on the monthly chart, then it could mean a potential bounce for the next 2-3 months.
And of course, while the odds is good, it is not 100%.
While now could be a good time to long some DIS at relatively low prices, there is also a chance that the stock could remain ranged bound for a sometime. Some would prefer to wait till there is clearer momentum (usually above its 200 day moving averge) before establishing a long position
Disclaimer:
TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management (ie stop loss and position sizing) is (probably the most) important!
Take care and Good Luck!
Do downtrend is over in DIS . let see DIS failed to break multiyear suport and might be good to buy as investment stock by keeping SL of 78 and short term target of 93 & 114 .
DIS AnalysisPrice played out nicely as my previous analysis, giving us a 6.95% drop to the downside before the current bullish retracement. No changes to my original expectations, I'm expecting price to continue lower to take out the lows at 79.07.
Part 1of 7 Megacap TECH stocks & Stock Market Forecastsupport & resistance guide Megacap TECH stocks & Stock Market Forecast
$DIS Double Bottom Weekly ChartA double bottom pattern on Disney's weekly stock chart may indicate a potential reversal in its recent price trend. This technical analysis pattern typically forms after a prolonged downtrend and consists of two distinct troughs that are roughly at the same price level, separated by a peak. It suggests that selling pressure may be exhausted, and buyers are stepping in. Traders and investors often view the confirmation of the double bottom pattern as a bullish signal, indicating the potential for a trend reversal to the upside. However, it's essential to consider other technical indicators and factors, as well as broader market conditions and news, before making investment decisions based solely on this pattern.
DIS : Added onto the positionsFundamentals
As far as I'm concerned, after Chapek became the CEO in 2020, he had the idea to transform Disney into a modern media company, but this attempt was a failure. Disney is losing money in its media business. But since Iger returned as the CEO in November 2022, we can hope that the damage done by Chapek will be taken care of over time. He has agreed to a two-year contract, and within that time, we can expect some massive restructuring in the company. It was under him, from 2005 to 2020, that the stock had a massive rally of about 425%. The recent issues with Charter Communications are all just overhyped, and they will be taken care of. I don't think they will affect the long-term growth of the company under a strong management. The reopening of their international resorts and vessel services after the lockdown will also contribute to the future growth of Disney.
Technicals
There is a descending pattern within a pattern formation, and it is also aligned with the lowest levels that the price reached during the COVID crash. So, I expect smart money to be involved at these levels, and we can anticipate a move of about 50% to the top of the descending channel and over 130% to the all-time highs. So, the risk is worth the reward, considering the company's legacy.
Conclusion
I already have two entries at various levels, and with the current addition, I've summed up my total holding in this stock to 2.5% of my portfolio. I won't be adding any more to the stock, if it crashes further, until I have enough clarity about the reason for the crash. I'll update if I make any changes going forward.
Disney Macro Looks Dire with Risk of Further 40% DeclinesHi guys! So this is a Pure Technical Analysis on the Macro structure of Disney (DIS).
Macro in that we are on the 1 Month timeframe so each candle is 1 Months worth of price action averaged in.
Just note why i don't ever look at news to influence my trades. We got rejected from our highs in October 2021, Desantos bill signing that sparked the lawsuit stuff happened June 2022.
Prices were already on the decline way before. Just saying. Anyway moving on.
What i want to point out is our current price action.
We are currently BELOW the Major SUPPORT LINE that played support for about 7-8 years.
Being a monthly timeframe, just note we have NOT yet confirmed as our current candle is ongoing.
Ideally We would need to get back ABOVE and confirm Support to prevent further declines.
BUT if we do confirm here its NOT a good look.
BELOW the "The Last SUPPORT Line of Defence" is even way worse.
If we end of Confirming Resistance Below "the Last Line of Defence", we risk almost 44% Price DECLINES back to the highs of a previous consolidation zone or the line labeled "Major Support".
Its because the Rapid Price Increase labeled "Weak Market Structure" has no distinctive/ strong Support zones.
Theres nothing to cushion the eminent Price Declines that may be awaiting us.
Its mainly because we didnt test SUPPORT and have a slow methodical rise in price.
We also recently printed a DEATH CROSS. By the looks of that monster mouth, its a long ways before its momentum fizzles out.
If VOLUME also continues to be on the rise while we have this DEATH CROSS and price declines, aspect more price declines.
And the likely scenario of the DECLINE to "Major Support".
Keep in the back of the mind: This could make for a solid SHORT play once that confirmation below the last line of defence happens.
Anyway look to smaller timeframes for more current price action to see how things shape up for the macro. Keep on the look out for updates in the hourly, daily or weekly timeframes.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on DIS in smaller timeframes in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
$DIS - LONG TERM Bearish stock $45 price targetYearly Chart says it all. It has a price target to $45 at the support which is also currently the 50 day EMA. it is also about to do a death cross with the MACD and is bearish on the squeeze indicator turning curling down from the top. Very bearish for the long term.
$DIS is ready to recoveryNYSE:DIS seems poised to execute a META-style recovery.
#Disney has recently faced criticism for its agenda and lack of innovative ideas. Its movies have been receiving negative reviews, and attracting visitors to their theme parks has become challenging, primarily because of the quality of their films.
The Star Wars franchise, which had enormous potential, experienced a significant setback.
It appears that people have spoken loudly with their wallets, expressing their dissatisfaction.
So, what's next? NASDAQ:META went through a similar situation when people expressed their displeasure with the multiverse and diversity verse approach, causing a drop in stock prices.
Zuck the cuck made a strategic move by focusing on efficiency and reducing investments in the metaverse, which resulted in a significant stock price increase.
If Disney's CEO and board members have even a modicum of insight, they will likely change their tactics soon. They cannot afford to lose investors' money and trust.
What changes might investors appreciate?
Investing in better writers, leaving politics to politics, discontinuing remakes, hiring #StarWars enthusiasts, and taking their time to develop exceptional movies (like the Darth Bane story) could be a game-changer. Alternatively, exploring the past rather than continuing with weak ideas post-Originals might rekindle interest.
#DIS still has the potential to create new hits like Frozen that capture the younger generations' hearts, and that's something I have no doubt about.
Disney: Is The Content Gold Rush Over?Over the last 6 months, there's been an interesting trend happening.
Stocks in media delivery networks, like Charter and Comcast, have done quite well, while shares of content companies, like Disney, Paramount, and Warner Bros, have deeply underperformed.
This performance lies in contrast to the "content is king" narrative that's been popular amongst investors over the last decade or so.
What's happening here?
There's 3 issues at play.
First up; the writer / actor strikes. These strikes have hurt content companies as they've introduced costs into the system. Either these will come in the form of opportunity cost as less profitable content gets made, or direct costs should Paramount, Netflix, or Warner Bros consent to the profit-share demands of labor.
Secondly, debt. This applies mostly to WBD, but to a lesser degree it impacts all of the content companies. Debt has reduced FCF across the board at these companies, which has led to a decline in both profits, and earnings multiples.
Finally, Business Strategy. Netflix changed the game in the 2010's as it pioneered a DTC video consumer model. As the company boomed, they began producing their own shows to the degree that the company is now a vertically integrated entertainment powerhouse. Other companies, like Paramount, lack the scale to achieve this. Thus, costs of running Paramount+ have skyrocketed, when it may have just been more profitable to license their final content products.
This approach allows for less bargaining power (due to the lack of customer relationship ownership), which is why it likely hasn't been pursued. However, things will likely switch back, which should lead to higher profits in the long run for shareholders.
Here at PropNotes, we believe that things are set to turn around. The DIS / CHTR spread has hit all time lows:
Once media companies realize that they can generate the same leverage in licensing negotiations by creating compelling content, the cash will begin to flow, and companies like DIS will continue to print money. This will take some time, but there's a potential trade here once the heiken ashi candles begin to print green. It's going to be a long, bullish trade once that happens.
Cheers!
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$DIS - broke down what's next?NYSE:DIS Just when you thought things were turning up and bad news might be drying up, Spectrum news came out on Friday, causing the price to gap down to near the $80 area.
The bulls need to reclaim $85, as I stated in my earlier post.
If $80 breaks, there is a real danger that the stock could go down to $76.45 area.
$80 is the key critical support level to prevent further breakdown.
$85 is the key resistance area to reverse the trend.
I could be wrong but I think we see a bounce next week.
Place your bets!
Like and follow me for more charts and trade ideas.
79-80 sends us LONGHi everyone, when zooming out and looking at the bigger picture for Disney, the area of 79-80 puts us right at the golden pocket dating all the way back to the year 2000. I think the risk is minimal at this level and the reward can be very nice.
Keep in mind, this is A 3 MONTH VIEW CHART. What I'm trying to say is don't expect to get rich over night.
Fair price Range for Walt Disney $DISAs shown on the chart I think NYSE:DIS is in a good price ranges that will not be found again in the future
My Entry Price is 88 USD
Stop Loss is Daily Close Below 84 USD
My Target is 104 USD in Mid-Term time and 145 USD in the future
Make Sure that You Can Afford the Loss Before Opening Positions
Disney - Is Your Compass Upside Down?On trading social media, Disney has been the target of moonboys for quite a while.
For some reason, whenever a stock is in a landslide and doesn't go up, everyone gets it in their head that they're going to BUY THE CALLS and catch the next MOTHER OF ALL SHORT SQUEEZES.
And this is because you want to gamble on a single day candle, which results in you blowing your account, and then you stop using TradingView and can't have fun anymore.
Disney, fundamentally, is a company that may not have any future whatsoever in a society that returns to mankind's traditions.
For so many years, it has been pushing a warped and depraved culture at both its parks and via its broadcasting networks. It was even an entertainment industry leader in onboarding the Chinese Communist Party's Zero-COVID social credit edicts.
And this is a problem if you want to get long.
They always say "zoom out," and so let's look at yearly candles:
8 months of price action for 2023 so far indicates that we've probably just been painting the wick portion of a year that will break the 2020 COVID low.
And the first place you find support below the COVID low is at $40.
"Sure, sure. But it's Disney. It's the stock market. EVERYONE KNOWS it's going up. Bears always get #rekt LOL."
"Bear flags" and "bull flags" are astrology and don't exist. But what does exist is when an equity spends more than a year in an area it should have bounced from and simply doesn't go up, which is what we see on the monthly.
But the contrary, on the Weekly, there is a problem for bears, which is the August of '22 high at $126.
And so there is a potential that tomorrow's earnings call actually results in a raid to $80 that actually produces a bullish buying opportunity with a target of $126.
The problem is, the "JPM Collar" has the world's most significant bank long on SPX 4,200 puts that expire September 29 that have literally been under water every second of every day since they were bought at the end of Q2.
SPX/ES - An Analysis Of The 'JPM Collar'
However, I note in my recent SPX call:
SPX - The Sound of a Shattering Iceberg
And a recent Nasdaq call
Nasdaq NQ - Is It Time To Sell The Rip?
With CPI pending on Thursday morning, what happens tomorrow is really significant.
That although I suspect our index tops to get raided, the problem is, are you going to see $40+ on Disney in a time frame of less than 3 weeks?
September is likely to be something of a "chilly autumn" for equities markets with the way everything is set up, including the SOXS bear semiconductor ETF and the VIX.
If there's to be anymore rally, that rally may only come in Q4.
And thus, that would mean for Disney that a likely scenario would be a raid on the lows from earnings and even more bearish consolidation, with the $126 target being left for the beginning of Q4.
This stock is a lot like Verizon and T-Mobile. It's better left not bothered with until it starts to show you signs that a bank or a fund really wants to rip it bigly in one direction or the other.
There's lower hanging fruit and greener pastures out there to trade.
