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disny just did a false breakout when the price went abave previous resistance and close again below the resistance level with a big red candle so the previous support level should be our target .
Stick around - you'll want to see how this plays out! $DIS received a, *ahem* fast pass, to a new 52-week high today. Going to be interesting to see where we go from here.... NYSE:DIS
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$DIS Previous resistance becomes support now. Should break 191
As it has shown in the chart the price had a good reaction to the FIB, after breaking the FIB 0.618 it is a good point for entry. note that the break might be with a test after break out.
Nobody is watching the Disney Channel anymore (the green trend channel on the chart). DIS is now playing in a new Disney+ channel. Stock is overbought on RSI indicator, but DIS just won't chill. People don't realise but DIS is in two boats (and a cruise line): Boat 1: "recovery stocks" given the parks and cinematic revenue Disney is known for. Boat 2: Tech /...
Price is trying to hold EMA 150. A breakout above the trendline pushed by the short ema would be a nice entry for me
If you're trading this stock you're most likely ready to get get spooked and dive out, but if your a longer term investor, it is tough to imagine not holding this one. NYSE:DIS
I expect DIS to consolidate or start the drop during the last week of December. I look for a low to be formed by week of Jan 11, 2021 (target 153-160). Alternatively, with positive market conditions, we could see a final rally to 185 in Jan, before the drop to 153-160 in Feb 2021 close to earnings. EPS still negative, so I don't expect earnings anticipation to...
disney dipped for a couple days after the earning report even tho they had good numbers i bought on the confirmation candle because i like break out plays dis is another reopening stock so we could see some nice gains I bought calls farther out for some protection even if i do have a high strike price
This is a paper trade I'm taking here. The last major run there was a %12 (ish) drop and I don't think we've seen a significant pullback from the last earnings beat. Coupled with company drama, this has room to get back to support levels. They have a lot of questions to answer at the upcoming shareholder meeting... Should be interesting (Not financial advise)
On 3/8 DIS had a nice gap up as stimmy passed and they announced parks will open starting April. Had lots of bullish activity today and was able to catch it. I don't think it will stop as multiple far OTM sweeps came in for this week and next week's exp. Their shareholders' day is on 3/9 and hoping for more of an upward trend. I have swung some 210C 3/12 exps...
DIS shows a relative strenght on the 1 hour time frame, approaching its EMA 150.