Walt Disney company gives brakeout on daily chart NYSE:DIS
Walt Disney company gives brakeout on daily chart
its good time to enter in this stock near 110-115
now support / Sl is 80
now resistance /Target is 175
DISND trade ideas
DIS a clear tradehere we see a good example of a good trade, Disney, , which its taking advantage of the christmas season, so it went up I guess, but technically it show up without knowing the fundamentals.
DIS : Booked a profit of about 29.20% on the invested capital Price reached the upper trendline of the descending channel.
But I do realise the possibility for a higher timeframe trend reversal and the price to breakout from the descending channel and rally upwards. There is a potential for a move of about 49% if the next key inflection level is targeted.
But considering the overall valuation of the US market, I do expect a sell-off in the near term in the broader market. This will have its effect on almost all stocks and hence I decided to take some chips off the table as soon as they reach a potential inflection level.
Hence I'm booking profit in the scrip as of now. Will consider a re-entry if price crashes and comes back to the initial entry levels.
Previous posts regarding the same scrip is attached underneath this post. Do check them out too.
Disney move started As per trading set up, clear signals are coming from MACD and RSI, moving averages are in favour of the stock, so uptrend likely to start in the stock, looking goos for next six months.
DISNEY WDP on a Long term Support !Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Wedge
📌 Symbol/Asset: WDP DISNEY
🔍 Description: Stock is around long term support.
Stock might not come around the same level again .
Stock is also making falling wedge in a downside rally, so we can see huge momentum after falling wedge breakout !!
We can expect minimum 200-400% returns in coming years !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Investment_ Disney_ Walt Disney CompanyNamaste!
Walt Disney is the biggest media company by market cap in the world. It has multiplied around 70 times (to date) since the IPO.
Talking around the current scenario, it had acquired Marvel for 4 billion dollars a decade ago which made 18 billion dollars to Disney. The point here is that it is taking good management decisions to adapt to changing business environments and killing the competition by acquiring them. And OTT platforms will be the future. TVs are a day of the past. They (OTT) platforms will charge a fees for almost every movie if not all in the coming decade. It will make them a lot of profit.
So, it is a good investment opportunity for Disney at current prices. The main reasons are following.
1. It has corrected >50% from all time highs. Buying after a correction is always a good idea, which has so much potential to maximize your returns in the long run.
2. If you look at the charts, you may notice that it is kind of creating a higher swing low, which is a good bullish indication. Value for money stocks tend to not easily fall in bear market or weak economy cycles.
3. OTT platforms are the future, where I think every movie will be charged money to be watched, making these OTT platforms a lot of money. This is my thinking please comment your idea.
3. Disney has been releasing the content, which is almost watchable with our families. Which is quite good because they are almost having audience of all the age groups. It's content is enjoyable from the age group of 10-60 years, in my opinion.
Investment at current prices is a good opportunity since the stock very rarely corrects below 55-60%.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment does not guarantee a fixed return due to volatile nature of markets and may result in a loss. Please do your analysis and/or consult your financial advisor before investing.
Walt Disney Taken support at 2020 lowsHi,
Walt Disney Company has taken support at the lows of 2020 on weekly chart. A Bullish three candle pattern called Morning star is also visible on the weekly chart.
Yet to give the Breakout.
It is not a recommendation it is for education purpose only.
a new post with minot update in DisneyElliott Wave Analysis.
The 5the wave was not truncated it was just turned into an flat correction. A small low till $75-$77 is expected before a bounce back.
This entire fall was indicating the 2nd Wave of the entire previous impulse 1st Wave.
once the fall was over then there will be a good impulse.
Your comments are most welcomed.
Diagonal ended. A new raise of Walt DisneyExplained in a chart clearly.
An impulse wave was over with an ending diagonal. We may expect an impulse up side move.
But it may also give a little low .
Nifty Bank nifty Trade setup Monday Nifty Bank nifty Trade setup
bank nifty Support -43875
Support -43200
42800
trend negative any gap down should have follow up in bank nifty
DISNEY : Ready for bounce back1. Bouncing off the monthly support line.
2. Showing strength by gapping up and holding the gap.
3. Large space for upward movement
Disney Potential Long for short term - Target 128, 144 and 158Disney trying to form Cup and Handle pattern. If it breaks out and closes above 128 then target of 144
SL - 112
Sunday Prep 8/29 - $DIS Love Friday’s Daily CandleLove Friday’s daily candle and the fact that it bounced so strongly from that spot. Will be looking for either a dip towards 178 to scoop or if it wants to push off the open then I will look to join trend on dips.
DIS is in sideways movementIn past couple of weeks DIS is showing side ways movement.
IDEA 1: Short term play - sell calls and puts 4 strikes beyond resistance & support respectively.
IDEA 2 : Mid term play - Play straddle @ 187.5 & 190
Both ideas are for educational purpose only. Use your own discretion.
Disney Low level EW Analysis - Disney is running correctionOm Namah Shivay
Disney is running correction. If we see closely, the correction is in progress.
Om Namah Shivay
DIS on a correctionOm Namah Shivay
Disney has travelled a long way from recent bottom, Nice journey. The structure seems done with Y, And a correction started.
Om Namah Shivay
market analysis in trading viewthis is just for educational purposes only ,, i am not a finacial advisor ,, invest and trade at your own risk
