1DIS trade ideas
DISNEY (DIS) - WAVE FORECASTDisney has achieved a logical target for this corrective movement. In the chart, however, a slightly bearish H&S formation can be seen, which should be observed in my opinion. 166 USD is crucial: A break below that level would activate 2 more targets to the downside: 155 or (144). That would be a perfect entry. On the other hand, this formation can dissolve very easily. That would also correlate with my bullish view for the overall market. Important for this is a break of the 183.39 level. Then disney can attack the ath again + i see targets around 225 USD.
Inverse Head and Shoulder patternWe are consolidating at the moment, but it looks like we are about to make another leg up.
Price failed to stay below the S1 Pivot and got back even above the P-Pivot.
Price currently sits at the most important resistance, which makes this the fourth trend-line touch.
We also have an inverse Head and Shoulder pattern, which is also a bullish sign.
If we don't have any huge gap-down in the broad market, then we will break-out.
DISDisney broke this resistance then retested. Currently holding a doji candle. Aug 20 180Calls at 3.8
Looking to break out!Waiting for a wider turn to the 10MA from the 20MA. Has runway to move past $200.
$DIS Wedge SupportDisney shares appear to be bouncing off of wedge support here, which could cause a large breakout to the upside. Good Luck!
DIS on verge for breakout!!forming a symmetrical triangle on daily and weekly. a inverse head and shoulder on 1h/2h chart. Entered with 5 $175 calls expiring january.
$DIS - Long on Elliot Wave and Curve$DIS Looks to be entering that Wave 5 and has nice uptrend channel and holding the blue curve. Curve says 240 by November and EW 225 by October. GL!
DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021TICKER CODE: DIS
Company Name: WALT DISNEY COMPANY
Industry: CONSUMER SERVICES. CABLE/SATELLITE TV
Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY)
1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022)
2ND BUY ENTRY: 128.80
1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023)
2nd Partial Take Profit: 277.00 (END 2024)
Stop Loss: 117.00
Technical Analysis
1. Head & Shoulders forming the second shoulder as we speak therefore,
BUY entry should be plausible by END of 2021
2. Fibonacci Retracement and Expansion Coincide with H&S Price Range.
3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned.
4. Many confluence levels happening around BUY entry levels!
-TRADERPROSIGNALS.
DIS LONG IDEA TO BREAKOUT LEVELSDIS consolidation is evident, could breakout to either side of course but this is a long strategy
DIS cup with handleVery reliable chart pattern. CIP with handle formed for Disney. Now waiting on the breakout!
[Trade Review]How I traded $DIS 200% GAINS, $TLRY, $MSFT, FUMBLEIn this video I will reviewing trades I took on June 28, 2021 which were $TLRY, $DIS, $MSFT, $ZM from watchlist I provide from the stream on Saturday! Along with an explanation of my plan as well showed you guys my TA for some possible set ups! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
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DIS UpdateStill sitting on the sidelines and watching DIS. Wick on the last 4 hour candle indicates bearish momentum, but I think if DIS recovers into a bullish formation, the play is still salvageable.
Disney Short - Rejection of EMA's / Credit Spread TradeI am looking at entering a short position on Disney (DIS) via a call-credit spread because of a few criteria that are present within the chart. First and foremost, on the daily chart, there is a consistent downtrend present since March 8th of this year, characterized by constant rejections of the 10, 25, and 50 exponential moving averages.
I will be selling to open a vertical credit spread on the call side which will put theta in my favor and gave me negative delta. As such, my breakeven will continuously rise, and by expiration, I will hit full profit as long as DIS is anywhere below $180.00 / share.
The breakeven point throughout this trade is the blue ray that I've drawn from todays date up until my contract expiration, which is on July 16th.
STO - July 16th, 180 C
BTO - July 16th, 185 C
Greeks:
Delta: About -$14.00 as of 06/23/21
Theta: (Working for me) - $1.60
Stochastics are showing signs of life to the positive side, which is fine as I am scaling into my short position. Not particularly worried about a massive move upwards.
I am looking for a price target of $167.00-ish, but will take profits earlier if the need arises.
I will stop out above $180.00.
DISNEY Summer Run! Parks, Dis +, and MORE!DIS 4HR TF
Dip Buy: 170-175
Breakout: 181
Target: 190 by end of July, 200+ eoy
