KarYong

DISNEY - Accumulation Opportunities around 101.20

Panjang
NYSE:DIS   Walt Disney Company (The)
I've been scanning the US equities market for some interesting companies to accumulate.

Disney caught my attention.

Fundamental

The fundamentals for Disney is very strong -

1) Revenue has been growing for the past 5 years;
2) Net income has been growing for the past 5 years;
3) FCF has been increasing for the past 5 years;
4) Net margin has been increasing for the past 5 years, and is above 15%;
5) ROE has been increasing for the past 5 years, and is above 20%;
6) ROA has been increasing for the past 5 years, and is above 10%.

Some minor concerns -

1) Current ratio has been hovering just above 1.00;
2) Quick ratio has been hovering slightly below 1.00;
3) Debt-to-equity ratio has been increasing, but still below 0.5%.

Technical

I'm seeing a potential expanding diagonal forming with divergence. Potential retracement level is between 97.68 to 101.20. This provide us with a decent area to start accumulating Disney.

P.S. This is not a trade call, nor is this analysis fully extensive, so do your own due diligence.

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.