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It breaks we see 60s here, still no Direct TV deal either
Printing 80s again today trying to raise prices on streaming
Disney $DIS trading back at 50 YEARS of trendline support
By: TrendSpider | August 26, 2024
• Disney trading back at 50 YEARS of trendline support. $DIS
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People realizing what a sick-sick place DISney really_is.....
Disney Bust or Bargain? Here are the Levels to Watch!
By: Karl Montevirgen | August 20, 2024
The House of Mouse has taken a serious nosedive over the last three years, having gone from a high of about $201 down to $89 and change—a 55% drop that feels like one of its roller coaster rides. Not exactly the thrill Disney shareholders were hoping for.
But Disney (DIS) has an ace in the hole, so to speak, that just might be its saving grace: a formidable economic moat (you know...brand strength, intellectual property, diversified segments, economies of scale, etc.).
Is Disney a Near-Term Bust And Long-Term Bargain?
Right now, Disney's facing some big challenges, and the market isn't a fan of short-term uncertainty. But looking ahead, there's plenty of room for a comeback if the company gets its house back in order. Assuming that it eventually does, anyone willing to buy Disney at these levels would be looking for a technical trigger for a longer-term trade. Where might that be?
Disney's Macro Price Action
CHART 1: WEEKLY CHART OF DISNEY. It's virtually back to its 2020 COVID Crash low.
Looking at a weekly chart, Disney's StockCharts Technical Rank (SCTR) score hit a super-bullish 90 twice, but, for the last three years, it's been scraping the bottom of the chart. Currently, Disney's stock price is not too far above its pandemic lows.
Here's another interesting thing: Look at the resistance levels (blue dotted lines) at $115 and $125. Not only do these mark swing high points that repulsed price twice, but the range itself also happens to be the "fair value" range estimated by several fundamentally-based analysts. If Disney's going to bounce back, it needs to break through those resistance levels before any real uptrend can take hold.
Let's suppose it does. If you're looking for an early entry point, where might that be? Let's zoom in on the daily chart.
CHART 2: DAILY CHART OF DISNEY. Watch these levels if you're looking for an early entry point.
If you're looking for an early entry point...
• Wait for a break above the trendline (see blue dotted line and circle) and make sure the volume supports the breakout (plus any follow-through in volume would be welcome).
• You'll also want to see strong momentum. The chart above uses the Chaikin Money Flow (CMF), one of many momentum indicators you can use. Right now, the CMF is at the zero line; you'll want to see a surge in buying pressure.
• Currently, the Relative Strength Index (RSI) is at a midpoint and rising from a bullish divergence (see blue dotted line on the RSI indicator), indicating room for potential upside.
• Lastly, take a look at the magenta rectangle. It marks the potential resistance range from the weekly chart, and also lines up with analysts' "fair value" projections. Translation: Disney might be undervalued right now.
At the Close
So, is Disney a bust or a bargain? The House of Mouse has seen better days, but it's not out of magic just yet. With stocks near pandemic lows and key resistance levels to watch, there's a possible upside for those willing to hang tight. A break above the trendline, fueled by strong buying momentum, just might signal the start of Disney's next chapter. As for now, it's a waiting game.
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Like i Said PELTZ won would of been different
Walt Disney Insider Trading Alert: Calvin McDonald, CEO of Lululemon and Disney Board of Director, bought $1 million worth of $DIS shares
By: Barchart | August 12, 2024
• Walt Disney Insider Trading Alert
Calvin McDonald, CEO of Lululemon and Disney Board of Director, bought $1 million worth of $DIS shares
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Disney just reported earnings this morning:
By: TrendSpider | August 7, 2024
• Disney just reported earnings this morning:
~EPS: $1.39 vs $1.20 est
~SALES: $23.20B vs $23.11B est
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I hope this atheistic WOKE poc goes to zero.
Disney (DIS) Stock Lower as Park Demand Slows
By: Schaeffer's Investment Research | August 7, 2024
• Disney reported upbeat results for the fiscal third-quarter
• DIS is brushing off upbeat fiscal third-quarter results
Walt Disney Co (NYSE:DIS) stepped into the earnings confessional this morning, where it reported fiscal third-quarter results. The entertainment giant announced earnings of $1.39 per share on revenue of $23.16 billion, both of which beat Wall Street's expectations thanks to strength in its streaming units, though lackluster demand at Disney parks are weighing on the shares.
At last glance, DIS is 2.6% lower at $87.57. The security has steadily worked lower since a roughly two-year high on March 28, with its 30-day moving average pressuring it lower on the charts. After finishing negative in four of the last five sessions, the stock is 3.5% lower in 2024.
The security's option pits are exploding with activity. Already, 87,000 calls and 45,000 puts have traded hands. That's three times the average intraday volume, with the most activity taking place at the September 80 put.
Bullish bets were already the popular choice too, per the equity's 50-day call/put volume ratio of 3.65 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits higher than 91% of readings from the past year. This indicates these bullish bets are getting picked up at a much quicker-than-usual clip.
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DISney is DISgusting. Let the truth be your guide to not invest here.
This uptick in price did not change the main direction of Dis trend- a Downtrend.
Not to hurry at this time.
Cheers & BLTA
Walt Disney Stock Higher on Box Office Success
By: Schaeffer's Investment Research | July 29, 2024
• "Deadpool & Wolverine" brought in over $200 million for its opening weekend
• Options traders and analysts are already bullish
The shares of Walt Disney Co (NYSE:DIS) was last seen up 1.3% to trade at $91.07, after "Deadpool & Wolverine” made a record debut as an R-rated film and brought in over $200 million for its opening weekend.
DIS is back above familiar support around the $90 region, after slipping below it last week. Overhead pressure at the $99 level rejected the security twice this month, while the 40-day moving average capped a rally in June. Over the last three months, Walt Disney stock shed 18.7%.
The brokerage bunch is already bullish on DIS, with 22 of the 27 firms in coverage calling it a "buy" or better. Plus, the 12-month consensus target price of $123.49 is a 35.7% premium to current levels.
The options pits echo that optimism, per the equity's 50-day call/put volume ratio of 4.04 at over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits higher than 98% of readings from the past year. This indicates these bullish bets are getting picked up at a much quicker-than-usual clip.
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Walt Disney $DIS hit its most oversold level this week since December 2021
By: Barchart | July 26, 2024
• Walt Disney $DIS hit its most oversold level this week since December 2021.
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What to Expect From Walt Disney's Next Quarterly Earnings Report
By: Barchart | July 26, 2024
Based in Burbank, California, The Walt Disney Company DIS is a global entertainment powerhouse, pioneering advancements in film, television, and theme parks. With a market cap of $162.63 billion, Disney is renowned for its iconic portfolio that enhances entertainment experiences through innovative storytelling and state-of-the-art technology. The company is set to announce its fiscal Q3 earnings results before the market opens on Wednesday, Aug. 7.
Ahead of the event, analysts expect DIS to report a XLC 13.1% returns over the same time frame.
DIS stock plunged after its fiscal Q2 earnings report due to uncertainty about advertising revenue and the future of in-person movies. The company gave soft guidance for Q3.
The consensus opinion on DIS stock is bullish, with an overall “Strong Buy” rating. Out of 27 analysts covering the stock, 18 advise a “Strong Buy” rating, four suggest a “Moderate Buy” rating, and five recommend a “Hold.”
This configuration is more bullish than three months ago when the stock had an overall “Moderate Buy” rating. DIS' average analyst price target is $127.42, indicating a potential upside of 42.8% from the current levels.
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Momentum for DIS is strongly bearish. The 14-period Slow Stochastic oscillator is below 20, the level which many analysts call oversold. This means that investors have been actively selling shares and driving the price lower.
Today's volume is on track to be heavier than usual, with 11,707,687 shares having traded so far. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest as of 12:03 PM ET Tuesday, 07/23/2024
Technically looking bad even if it hit below $90 at this time looking at the chart.
Plan to observe the bottom formation and plan to buy when I see the share price rising after chart signal emerges.
Not to hurry. Funds remain in rising stocks like Amazon, Nvidia, Alphabet, Palantir, etc. GLTA
As I said Disney share price still in Breakdown mode signaled on 28-June-2024.
Lower $90's are now getting quite close now.
Still I think no hurry to place order.
I plan to sell some of my profits from other stocks to add on my Dis shares for long term.
No fresh funds involved here but transfer of funds in account taking profits.
Cheers & GLTA
I'm just shedding light on The Truth! I would never spend a dime on anything DISney! This happened once I realized what a corrupt company it is and how detrimental it has become to society. Mainly indoctrinating our children with garbage.
Have nothing to do with the fruitless deeds of darkness, but rather expose them.
Investing in DISney is like taking poison.
Disney Merchandise NIGHTMARE: The Unsellable JUNK Gets WORSE
No one with_a_shred_of decency should_ever_support their moral-decay!
DISney is DISgusting!
Trash company peddling trash~ ! ENRON 2.0 ~! Over reports revenues by billion upon billions upon billions!
How long has this been going on? SEC turns a blind eye.
$DIS maybe it wakes up over the 21D.. maybe???
By: Options Mike | June 23, 2024
• $DIS maybe it wakes up over the 21D.. maybe???
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Walt Disney $DIS is on the move!
By: TrendSpider | June 21, 2024
• The mouse is on the move! $DIS.
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