Jump to content

The Walt Disney Company (DIS) Stock - Elliottwave Technical Analysis


Recommended Posts

DIS Elliott Wave Analysis Trading Lounge Daily Chart
The Walt Disney Company, (DIS) Daily Chart
DIS Elliott Wave Technical Analysis
 
FUNCTION: Trend
MODE: Impulsive
STRUCTURE: Motive  
POSITION: Wave (1).
DIRECTION: Upside in wave 5 of (1).
DETAILS: After a major bear market that lasted 3 years we have seen support on top of TL1 at 100$. As we are continuing higher we could be facing support at the end of MG1 at 130$.
 
Stocks24(1).thumb.png.b1abf5eac862e75881fa74c5941acf2d.png
 
 
DIS Elliott Wave Analysis Trading Lounge 4H Chart
The Walt Disney Company, (DIS) 4H Chart
DIS Elliott Wave Technical Analysis
 
FUNCTION: Trend
MODE: Impulsive
STRUCTURE: Motive  
POSITION: Wave {iii} of 5.  
DIRECTION: Upside in wave {iii}.
DETAILS: Here we are displaying a bit of a different count with a smaller wave 4 and a clear {i}-{ii} within wave 5.
 
Stocks24.thumb.png.d67d68991eb7d7e92e3dca09e6f396aa.png
 
Technical Analyst Alessio Barretta
Source : Tradinglounge.com get trial here!
 
Welcome to our DIS Elliott Wave Analysis Trading Lounge, where we dive into The Walt Disney Company (DIS) using Elliott Wave Technical Analysis. Let's uncover the market dynamics on the Daily Chart.
*DIS Elliott Wave Technical Analysis – Daily Chart*
Our analysis indicates a trending function characterized by impulsive mode and motive structure, positioned in Wave (1). The direction signals an upside momentum in wave 5 of (1). Following a significant bear market spanning three years, we've observed support atop TL1 at $100. As we continue to ascend, potential support may emerge around the conclusion of MG1 at $130.
* DIS Elliott Wave Technical Analysis – 4Hr Chart*
Here, we also identify a trending function marked by impulsive mode and motive structure, positioned in Wave {iii} of 5. The direction indicates an upside trajectory in wave {iii}. Our count reveals a nuanced perspective, depicting a smaller wave 4 and a clear {i}-{ii} delineation within wave 5.
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Asian stock markets declined despite China's surprise rate cut, with investors viewing it as a sign of economic weakness. President Biden has reportedly decided to drop out of the election race and endorse Vice President Kamala Harris for the Democratic ticket, potentially upending the presidential race. US stock futures showed slight gains following the Biden news, while European futures also edged up, after a week of heavy losses for tech stocks. A busy week of corporate earnings is ahead, with major tech companies like Tesla and Alphabet reporting. Key economic data coming this week includes the Fed's preferred inflation measure and Q2 GDP figures, and markets are anticipating a benign inflation outcome, which could strengthen the case for a September rate cut.
    • ASX: TRANSURBAN GROUP – TCL Elliott Wave Technical Analysis 1D Chart Analysis Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with TRANSURBAN GROUP (TCL). We observe TCL potentially bullish within the third wave of the third wave. ASX: TRANSURBAN GROUP - TCL Elliott Wave Technical Analysis 1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave 3 - grey Details: TCL has performed well since the last forecast. Since the low of 11.92, wave 3 - grey is unfolding to push higher. I will look for a Setup Long Trade after an ABC Correction is completed. Invalidation point: 11.92   ASX: TRANSURBAN GROUP – TCL Elliott Wave Technical Analysis 4-Hour Chart Analysis ASX: TRANSURBAN GROUP - TCL Elliott Wave Technical Analysis 4-Hour Chart Analysis Function: Major trend (Minuette degree, orange) Mode: Motive Structure: Zigzag Position: Wave (ii) - orange Details: Since the 11.92 low, the (i) - orange wave opened and may have ended. Now, the (ii) - orange wave is unfolding to push lower, aiming for a target around 12.49 - 12.35. Wave (iii) - orange can then return to push higher. I will look for a Setup Long Trade after an ABC Correction is completed. Invalidation point: 11.92   Conclusion Our analysis and forecast of contextual trends and short-term outlook for ASX: TRANSURBAN GROUP - TCL aim to provide readers with insights into current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation) Source : Tradinglounge.com get trial here!  
    • Hi @TomSea,  The CTCs were made available at the start of this month. You can access them by navigating to MyIG > My Account > Statements. Are you having trouble finding one? Please note that if you have received dividends during the tax year, you should be able to view and download your CTC. If you have received dividends but still do not see your CTC, please email us at helpdesk.uk@ig.com. Our team will look into the issue and send one manually while we work on fixing it online. Regards, AshishIG
×
×
  • Create New...
us