Might get a chance to buy this down near $90. Has just been hanging around the $102 level since the ER, so they might take the price down lower and try to find stronger buyers.
If you like making trades on a stock moving now is the time to do it. Almost been a month of this staying in this tight range.
Normally I don't care about these kinds of things, but I believe this might actually crystallize the debate. Here is why Disney wins this battle. Cable company needs programming; they are nothing w/o it. Disney holds the keys to this.
Thinking it will get worse before better. Once the dust settles this will be a nice pick though...check back in 3-6 months.
Netflix owners are too complacent. Disney move will be echoed by other large content providers. Macro speaking... the writing is on the wall.
While I LOVE this company, it is just stuck spinning its wheels. I was buying shares at 125 in '15. I mean, c'mon Disney.
http://www.metacritic.com/movie/star-wars-episode-viii---the-last-jedi/user-reviews Currently looking like this: WALT DISNEY STUDIOS MOTION PICTURES | RELEASE DATE DECEMBER 15, 2017 5.0 [out of 10] USER SCORE Mixed or average reviewsbased on 1520 Ratings USER RATING DISTRIBUTION POSITIVE: 645 MIXED: 200 NEGATIVE: 675 They had a review embargo on this, so it will get opening weekend numbers. But then reviews will come out. But Iger told Cramer he loved it haha.
Probably should start paying attention to this. It has been in some sort of trading range for over 2 years. Since it came into the range from strength (demand) it would need to show a sign of weakness for this to be proven a distribution range. Until that happens, must assume this has been a re-accumulation trading range. The $2-box by 3-box-reversal point & figure gives an objective so far of $194. Weekly:
This stock is in the start of developing great technicals and shine brightest when the market tops and money starts seeking value.
Evidently China only showed The Last Jedi for a week before eliminating it. https://screenrant.com/china-drops-last-jedi-screenings/
DIS is a very promising stock here. I know I will going to see the new Star Wars park in Disneyland when it opens for sure.
Who will you take a picture with first? Will it be Han Solo, the deadbeat dad who looks like an emaciated alcoholic? Maybe you can go to Jedi School and get a lesson from Luke, if he decides to show up. God knows he couldn't teach anyone else though. I'm sitting here trying to figure out why Disney bought the characters from Lucas, just to treat them like trash and kill them. Feel like I'm watching Vince McMahon kill another wrestling organization.
Getting whacked for the third red day in a row. Now down to the 50ma. Interested to see what it does tomorrow.
Rejected at the 50ma, now there's a lower pivot. Weekly chart of market-relative strength, DIS/SPY: Below even the 50wma and 200wma. And this has been getting good news right, because their movies are doing so well and they're going to make their own streaming service? Would hate to see bad news. Just go with SPY.
Disney plans to launch its own streaming services, one for Disney and Pixar brands and another for ESPN followers. The company had earlier stated that it will terminate distribution agreement with Netflix for subscription streaming of the new movies, effective 2019. The company stated the streaming services for ESPN will be launched this spring. Disney and ESPN, look like a pretty new mode.
