Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $122.00 short put and a strike $117.00 long put offers a potential 14.68% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $122.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $117.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Disney is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Disney is bullish.
The RSI indicator is at 65.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Black tech workers hope nationwide protests will force industry to be more inclusive
Wed, 10 Jun 2020 00:24:00 +0000
With the country entering its third week of protests over social justice, the spotlight has been cast again on the state of blacks in the workforce — in particular, the glacial progress of diversity in tech.
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Tue, 09 Jun 2020 20:56:00 +0000
IN ONE CHART There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not.
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Tue, 09 Jun 2020 20:45:38 +0000
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REFILE-TikTok's Mayer pledges fake news fight in call with EU's Breton, EU official says
Tue, 09 Jun 2020 20:15:41 +0000
Chinese video app TikTok's new Chief Executive Kevin Mayer has told EU digital chief Thierry Breton he intends to play an active role fighting disinformation, an EU official said on Tuesday, as Breton pushes tech giants to step up their efforts against fake news. Breton has in the last two months held video conferences with Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, Apple CEO Tim Cook and Twitter CEO Jack Dorsey to promote his campaign against fake news and other issues.
Torque Esports' World's Fastest Gamer documentary series to premiere on ESPN networks
Tue, 09 Jun 2020 20:05:00 +0000
The six-part documentary on Engine Media/Torque Esports' (TSX-V: GAME) (OTCQB: MLLLF) ground-breaking “gamer to racer” esports program, World's Fastest Gamer, is set to have its debut this Saturday on ESPN's (NYSE: DIS) networks.
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