$DIS Disney Long term bottomWe see rounding capitulation, possibly signalling the first 1/3rd of a cup and handle.
If we look in the bottom volume pane we see the point of engulphment; see X (circled blue)
STATEMENTS//
*DISNEY 1Q REV. $23.55B, EST. $23.8B ( MISS ❌ )
*DISNEY 1Q ADJ EPS $1.22, EST. 99C ( BEAT ✅ )
*DISNEY 1Q DISNEY+ SUBSCRIBERS 149.6M, EST. 151.2M ( MISS ❌ )
*DISNEY SEES FY ADJ EPS ABOUT $4.60, EST. $4.27 ( BEAT ✅ )
*DISNEY RAISES CASH DIVIDEND BY 50% AND PLANS $3 BILLION BUYBACK ✅
I know things with Disney are controversial, but how much worse can it get? Will we see the pendulum swing and the Disney we all know and love comes back? Will they stop with the DEI Psy-OP in their movies?