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

Mastering U.S.Dollar/Japanese Yen (USDJPY) Elliott Wave Analysis: Unveils Key Insights and Trading Strategies

Mastering U.S.Dollar/Japanese Yen (USDJPY) Elliott Wave Analysis: Unveils Key Insights and Trading Strategies

Our USDJPY Elliott Wave Analysis provides traders with invaluable insights for navigating the forex ...

Read More >
Elliott Wave Forecast Reveals Bearish Short-Term Trend for ASX:NST NORTHERN STAR RESOURCES LTD With Price Target

Elliott Wave Forecast Reveals Bearish Short-Term Trend for ASX:NST NORTHERN STAR RESOURCES LTD With Price Target

ASX:NST (Northern Star Resources) is expected to continue its downward move based on Elliott Wave an...

Read More >
ASX LIMITED Analysis: Unlock Elliott Wave Insights, Stock Forecasts, Key Levels, and Smarter Trading Strategies for Market Success

ASX LIMITED Analysis: Unlock Elliott Wave Insights, Stock Forecasts, Key Levels, and Smarter Trading Strategies for Market Success

Stay ahead with ASX Limited Elliott Wave Analysis. Our comprehensive technical forecast includes key...

Read More >
Cocoa Elliott Wave Technical Analysis: Key Price Trends, Bullish Trends, Wave Structures, and Market Insights for Record Highs in 2025

Cocoa Elliott Wave Technical Analysis: Key Price Trends, Bullish Trends, Wave Structures, and Market Insights for Record Highs in 2025

Elliott Wave analysis of Cocoa prices, highlighting key technical trends, wave structures, and price...

Read More >
Strategic insights for traders on Bitcoin Crypto Price News Today Elliott Wave Technical Analysis

Strategic insights for traders on Bitcoin Crypto Price News Today Elliott Wave Technical Analysis

In this article, we provide a comprehensive BTCUSD Elliott Wave analysis focusing on Bitcoin's p...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

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

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

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

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • 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