Been side trading in the 180-190 range for a couple of weeks, creating a wedge and we should see a upside soon.
support region at the 50MA - 185.5 & 100MA 175.
Long position due to;
1)COVID recovery play / hybrid business model consisting of traditional & streaming
2) strong vaccine push in the US, good for theme parks recovery
3) Growth potential thanks to Disney+
4) Disney+ launch in aggressive marketing in ASEAN countries (655.51 million population) in 2021 (well received in SG and cheaper than netflix)
marketing-interactive.com/study-disney-s-impact-from-recent-marketing-blitz-in-sg
blog.seedly.sg/disney-plus-subscription/
Theme Parks around the world to recovery in order depending on vaccine play personal estimate.
China (Shanghai), US (California /Florida), Hongkong; Japan & Europe last.
Cable TV is dead, Netflix & Disney+ is the new wave.
Catalyst for TP - 13 May earnings release
TP High - 206 / Low 198
Disclaimer - This is purely for educational & discussion, Invest at your own risk.
support region at the 50MA - 185.5 & 100MA 175.
Long position due to;
1)COVID recovery play / hybrid business model consisting of traditional & streaming
2) strong vaccine push in the US, good for theme parks recovery
3) Growth potential thanks to Disney+
4) Disney+ launch in aggressive marketing in ASEAN countries (655.51 million population) in 2021 (well received in SG and cheaper than netflix)
marketing-interactive.com/study-disney-s-impact-from-recent-marketing-blitz-in-sg
blog.seedly.sg/disney-plus-subscription/
Theme Parks around the world to recovery in order depending on vaccine play personal estimate.
China (Shanghai), US (California /Florida), Hongkong; Japan & Europe last.
Cable TV is dead, Netflix & Disney+ is the new wave.
Catalyst for TP - 13 May earnings release
TP High - 206 / Low 198
Disclaimer - This is purely for educational & discussion, Invest at your own risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.