WDP trade ideas
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
$DIS Trade Idea$DIS Trade Idea
Entry: 180
Strike: 7/9 182.50c
Targets: 181.50, 183, 185
Support: 178, 176, 175, 173
@TradingView
@KyleTrades86
6/28 DISDIS weekly chart
(1) Please PAY ATTENTION to the pink support line, it touched, it's a no-brainer buy from my perspective
(2) second demand zone is purple zone
DIS buy over trend line for uptrendGreat area of value here for a return to highs. After crossing this trend line I may wait for a small pullback but uptrend here in my opinion.
Trade safe trade smart and have fun. Smash that like button and follow for more!
DISNEY opportunityKeeping a close eye on the current structure with Disney at the moment, I have been a long term trader/investor with Disney for a while and its served me well how ever reduced position over the march push as the amrkets seemed a little cooked and been waiting to reenter and start pyramiding orders again.
Pretty clear H&S forming on the daily right now and a large gap between the current formation and the structure from mid to late 2020, not to mention price chopping below the 100 day EMA
A break down of this formation and support level could see fairly sharp price action between these price points and a much better entry (Im not trading options just spot)
The other possibility is we bounce on this neckline, crack the right shoulder and continue the current macro bull whilst the fed continues to print bills into QE which should see the markets artificially move with it.
Ill be keeping a close eye on the volume and candle formation over the next week looking for signs of bulls entering here, an increase of volume, coupled with maybe a morning start close to this support could be enough to give me a the confirmation to take the entry...how ever ill be cutting losses early if its quickly met with a break down or volume diminishes straight after my entry.
The key here is conviction, I need volume to back up my decision or im out and waiting for a lower entry back around 152 or even lower as that sell off could trigger a considerable down trend.
Give it a few more days either we stay invested with disney or shelf it on the watch list for a few months lol
Walt Disney Co (DIS) - Eager To Find Momentum AgainAn idea to consider over the next week or two.
DIS appears eager to find some momentum again:
- Attempting to breach downward trend line
- Targeting pivot.
Sold off from $190 peak in March to $167 May.
Could trade sideways in the next few days before moving higher.
Provisional levels on chart.
