{"id":149817,"date":"2019-06-18T10:29:33","date_gmt":"2019-06-18T14:29:33","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=149817"},"modified":"2019-06-18T06:30:29","modified_gmt":"2019-06-18T10:30:29","slug":"dis-analysis-disney-competitive-advantage-supports-a-bullish-view-for-its-stock","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/06\/dis-analysis-disney-competitive-advantage-supports-a-bullish-view-for-its-stock\/","title":{"rendered":"DIS Analysis: Disney competitive advantage supports a bullish view for its stock"},"content":{"rendered":"<div id=\"inves-2210619281\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 18, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Disney competitive advantage supports a bullish view for its stock<\/strong><\/p>\n<blockquote><p>Analysts point to conservative Disney estimates of subscriptions as the company prepares to launch new services in fall. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/stocks-prices\/dis\"> Disney stock price<\/a> continue rebounding?<\/p><\/blockquote>\n<p>Disney reported $1.61 earnings per share on revenue of $14.92 billion in its fiscal second quarter ended March 30. Both earnings and revenue beat expectations forecast at $1.57 per share on revenue of $14.53 billion. The outperformance was accredited to revenue from its Parks, Experiences and Products segment which rose 5% to $6.2 billion. Morgan Stanley upgraded the stock to buy a week ago, raising their price target on the stock to $160 from $135. Investors are potentially underestimating just how quickly Disney could become a major player in the streaming market, analysts say. Disney is planning to launch its over-the-top streaming service Disney on November 12. It has set subscription price at $6.99 per month, while Netflix &#8216;s least expensive plan is $8.99 per month. Morgan Stanley estimates Disney will attract at least 130 million total subscribers by 2024, while Disney forecast total streaming subscribers of 135 million by 2024 at the midpoint of its guidance. Disney competitive advantage over rivals supports a bullish view for its stock.<\/p>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/DIS_O_18June2019.png\" alt=\"DIS is rising above MA(200) 06\/18\/2019 Technical Analysis IFC Markets chart \" width=\"660px\" \/><\/p>\n<p class=\"ul-tick\">On the daily timeframe the <b>S-DIS: D1<\/b> is rising above the support line. It is above the 200-day moving average MA(200) which is also rising. This is bullish.<\/p>\n<ul class=\"ul-tick\">\n<li>The <b>Parabolic indicator<\/b> gives a buy signal.<\/li>\n<li>The <b>Donchian channel <\/b> indicates uptrend: it is tilted up.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/macd\">MACD indicator <\/a> gives a bullish signal: it is above the signal line and the gap is widening.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/rsi\"> RSI oscillator <\/a> is falling but has not reached the oversold zone yet.<\/li>\n<\/ul>\n<p>We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 142.88. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the fractal low at 133.12. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit\/loss ratio to the breakeven point. If the price meets the stop loss level (133.12) without reaching the order (142.88), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.<\/p>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Technical Analysis Summary<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td align=\"left\" valign=\"top\">Buy<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 142.88<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 133.12<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p><div id=\"inves-588098300\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Disney competitive advantage supports a bullish view for its stock Analysts point to conservative Disney estimates of subscriptions as the company prepares to launch new services in fall. Will the Disney stock price continue rebounding? Disney reported $1.61 earnings per share on revenue of $14.92 billion in its fiscal second quarter ended March [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-149817","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=149817"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149817\/revisions"}],"predecessor-version":[{"id":149831,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149817\/revisions\/149831"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=149817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=149817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=149817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}