Disney Media has been getting hit hard by Wall Street these past couple months since the launch of DIS+.
It looks like it could be forming a double-bottom base here around the ~140.85 and the security is clearly oversold when looking at the RSI.
Looking at post-earnings calls, specifically March 155s as I think there will be a sharp rise after earnings conclude and guidance looks strong with # of streaming users on DIS+ as well as the health of its amusement parks, resorts, vacations, movies, etc.
Long $DIS.
It looks like it could be forming a double-bottom base here around the ~140.85 and the security is clearly oversold when looking at the RSI.
Looking at post-earnings calls, specifically March 155s as I think there will be a sharp rise after earnings conclude and guidance looks strong with # of streaming users on DIS+ as well as the health of its amusement parks, resorts, vacations, movies, etc.
Long $DIS.
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.