DIS Elliott Wave Analysis Trading Lounge Daily Chart

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.

The Walt Disney Company, (DIS) Daily Chart Analysis

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$. As we are continuing higher we could be facing support at the end of MG1 at 130$.

Elliott Wave Analysis of DIS: Unraveling Market Trends

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-Day-Stock-Chart-...

 


 

DIS Elliott Wave Analysis Trading Lounge 4H Chart

The Walt Disney Company, (DIS) 4H Chart Analysis

Elliott Wave Technical Analysis of DIS Stock

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.

DIS Elliott Wave Analysis: A Closer Look on the 4-Hour 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.

Technical Analyst: Alessio Barretta

Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here 

See Previous: Johnson & Johnson (JNJ) 

TradingLounge Once Off SPECIAL DEAL: Here > 1 month Get 3 months.

DIS-4hr-Stock-Chart-...

Related

TASI Index Elliott Wave Technical Analysis: Daily and Weekly Charts, Offering Insights and Strategies for the Saudi Stock Market

TASI Index Elliott Wave Technical Analysis: Daily and Weekly Charts, Offering Insights and Strategies for the Saudi Stock Market

The TASI Index is showing strong bullish momentum according to Elliott Wave analysis. Key highlights...

Read More >
Navigating Market Currents: Elliott Wave Insights for Top Global Indices

Navigating Market Currents: Elliott Wave Insights for Top Global Indices

Today's financial analysis leverages Elliott Wave theory to assess movements in major stock indi...

Read More >
TRXUSD Analysis with a focus on TRON Crypto Price Prediction News and Elliott Wave Technical Analysis

TRXUSD Analysis with a focus on TRON Crypto Price Prediction News and Elliott Wave Technical Analysis

Explore in-depth TRXUSD analysis with a focus on TRON to USD price prediction, Elliott Wave analysis...

Read More >
Overview of ChainLink (LINKUSD) - It Includes Technical Analysis, Price Predictions, and Actionable Trading Strategies

Overview of ChainLink (LINKUSD) - It Includes Technical Analysis, Price Predictions, and Actionable Trading Strategies

This analysis uses Elliott Wave theory to provide a comprehensive overview of ChainLink (LINKUSD). I...

Read More >
Nvidia Corporation (NVDA) Stock Analysis: NVDA Elliott Wave Forecast, Technical Outlook, and Trend Reversal Insights

Nvidia Corporation (NVDA) Stock Analysis: NVDA Elliott Wave Forecast, Technical Outlook, and Trend Reversal Insights

Elliott Wave analysis of NVIDIA Corp. (NVDA), highlighting corrective patterns on the daily and 1-ho...

Read More >
Actionable Trading Strategies and Key Price Points: BHP GROUP LIMITED - BHP Stock Analysis & Elliott Wave Technical Forecast

Actionable Trading Strategies and Key Price Points: BHP GROUP LIMITED - BHP Stock Analysis & Elliott Wave Technical Forecast

This article provides an in-depth Elliott Wave Analysis of ASX: BHP GROUP LIMITED. We explore curren...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on