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Marvel

Marvell shares fell 11.33% on Weak Q1 Reports Marvell Technology ( NASDAQ:MRVL ) reported a significant increase in its data center division's first-quarter revenue, but this did not offset declines in other segments. The company warned in March that sales figures would likely disappoint, but said that its non-data center divisions should recover in the second half of the year. The total revenue for the quarter was $1.16 billion, narrowly above the $1.15 billion analysts expected due to strong demand for its artificial intelligence-related products. Marvell ( NASDAQ:MRVL ) reported a wider-than-expected loss of $215.6 million, or 25 cents per share, as analyst estimates projected a quarterly loss of $196.6 million, or 20 cents per share. Last year, the company lost $168.9 million, or 20 cents per share, in the first quarter. Marvel's ( NASDAQ:MRVL ) 87% jump in data center revenue to $816.4 million, largely fueled by its AI-related products, wasn't enough to offset declines in its other divisions, which ranged from 13% to 75% compared with last year. The company warned in March that the quarter's results would likely disappoint, but said the declines should be limited to the first quarter as businesses recover in the second half of the year. Jefferies analysts raised their price target for Marvell stock ( NASDAQ:MRVL ) to $90 from $85, writing that recovery in the company's other divisions "should start to recover and layer on top of the AI business that currently acts as the primary driver of the stock." Marvell projects revenue within 5% of $1.25 billion for the current quarter, with a loss per share of 15 cents to 25 cents. Technical Outlook Marvell ( NASDAQ:MRVL ) stock is down 11.16% at $68.11 as of the time of writing trading below the 100- day Close Moving Average. The daily price chart shows a long Bearish Harami candle stick pattern which is a bearish reversal pattern. The Relative Strength Index (RSI) however, remains strong moving steadily giving hopes for buyers to delve in.
NASDAQ:MRVLShort
by DEXWireNews
DISNEY, WILL WE SEE A THANOS SNAP ERASING 50% OF ALL GAINS?I have a lot to talk about with Disney. 1. Why is this company special? I would likely say, high ticket marketing, collectables/toys, and Disney+. Out of those, I would say toys and collectables.. whatever. High ticket marketing for rich people at parks are always a money maker, minus a coming shutdown or another big virus. 2. More into Disney+, SPECIFICALLY MARVEL, I hear they are running out of content ideas. The big money maker is 100% without a doubt not star wars, but marvel. I refuse to believe that any rumor of "running out of ideas" is true. First of all, I feel like I can think of hundreds. If they are truly running out of content for Disney+ and want a cheap fix, they literally already created the perfect scenario to really pump out content. Basically, one of the best things you'll ever see in Cinema is the End Game battle. They created a moment where everyone suddenly appeared (Some 100+ characters) and started to battle against a bunch of other characters. Well, first of all, this scene can carry Disney for another 10 years if they wanted it to. In other words, there was a lot of things that happened off screen between the hulk snapping people back, and the teleportation into the battle. That is easy to create content, from the moment a character "wakes up" and gets pulled into a massive battle. Each character could get a 45 minute episode from their point of view waking up and walking through the teleport, and then make it a two-parter where we see their point of view in the battle. Want to save money, Make it first person film style. That way you really only need the characters voice, and whoever the story has them around before getting teleported into the battle. Creating the battle may be a little more difficult but in the end, most of the work should be done and now you're viewing a single characters viewpoint from the entire fight. That could create literally so much content to keep fans engaged rather than waste a ton of money on a lot of "meh" shows. I also wonder if this counts as them using a character and retaining the copy right. IT would be quite easy to keep up with every character and not have to dump them into the most random spots in random movies and shows. Second part to how can Disney use Marvel to make more money. Well, it relates to the idea above, and involves VR. I'm willing to bet fans would pay crazy money for a game that allows them to battle along side their favorite avengers in the actual move scene. It would be more like a Disney ride in that the VR would be scripted to a degree (like moving down a track), but ultimately, they could use a lot of technology with videogames that makes the battle unique to the player jumping in. Here's the kicker, if you allow the "players" or viewer to buy custom "superhero" gear to wear during the battle, you get those sweet sweet microtransactions. Even more so, I'm sure with AI or something, I bet you could literally rewrite each script and make it multiversal, unique to each player all the way though, allowing other players to play within their universe or one of their own. I'd imagine it's possible to have the scenarios lead to ultimately the same situations no matter the actions of the player, but the individual gameplay with vary and have different outcomes (similar to the Walking dead game, but hopefully way better and more realistic with real time choices). Again, I refuse to believe the cash cow that is Marvel is tapped out of ideas. Disney+, WHAT ELSE? Cinematic Universe (Marvel, Star Wars, Mighty Ducks, Pixar, and so many more) Why is a cinematic universe great. Well, it allows for usage of the popular titles, with crossover and guest spots. Marvel with the Multiverse almost allows for free creation. It allows them to kill off expensive characters and still potentially bring them back when their contract demands are less. It allow for the creation of so many different stories within the main story. It allows people to feel nostalgia while also seeing new and engaging content. If you don't see where I'm going with everything I've said so far, THEY ARE CREATING A DIGITAL VERSION OF THEIR THEME PARKS. Which leads to the metaverse. The Metaverse Con, the headsets are big, bulky and expensive. Well, what if a company like Disney, that has literally so much money, was able to design slim VR goggles that are basically sunglasses. They could theoretically get the cost down cheap enough that they could eat a short term loss and give them out to the "people" nearly free and then make a huge amount of money from data and microtransactions/content in the long term. Subscriptions are going to be a big model in the future, a lot of companies seem to be going this route for this reason. There are only so many viewing hours per person, and each company will want them to use their online services. Similar to how google is the search engine and has created youtube to be the How To website. In other words, you use google to search, you stay on google to watch and google makes a lot of ad money and facebook doesn't because you were on google the whole time. Theme Parks Cool but expensive, imo Disney should sell the parks and keep the land. Tap into the Digital theme park world and go all in. Let a smaller company worry about the theme parks. Gambling Espn, sports, Disney, streaming. Going back to VR, imagine if Disney used ESPN to setup cameras all over the stadiums allowing VR users to pay for VR seats and watch a live game as if they were there. I really think Disney should go all in on the VR at home Cinematic universe experience rather than waste time on much else. But that is my opinion, all of this is my opinion so please note that. I think gambling could be quite big. Especially with Crypto. Disney is a big enough company to back the value of a token for their platforms. They takes cash, you get token, they spend cash, you spend token, you cash token in for cash, they likely used your cash for something but give you other cash. Ya know, banks or something like that.. TECHNICALS Okay, so what about the chart. well, to keep this quick because I tried to make the chart as simple as possible. Trend A breaks to Trend B which breaks to Trend C, which is crazy strong. Both B and C are, which means, B will likely be the midterm trend that it could hit and slip under allowing a buy on a bounce to the upside. If C breaks, it likely is a covid like crash scenario, and the price target of 29 springs the price quite high. So if that were to occur, I'd probably consider buying into the fear. I included 29 and 200+ as the high potential and low potential targets in the long term. Personally, I like the rejection coming pretty soon around 111 which could retrace down to 83ish. Before seeing another move to the upside. However it's so hard to tell what it will do at time being. No earnings until MAY, meaning a covid like crash and recovery once people hear earnings in May fits the timeline fairly well. All stocks are showing a top, you have Bezos selling Amazon shares, you have multiple massive sport franchises being sold, huge companies being bought by even bigger companies.. The drop is coming, the big big big return bounce is coming and that can lead to a depression without question. Which then leads to crypto being king for awhile. Alright, if you made it through that, congrats, and THANK YOU for following along, whether you agree or not. Good luck!!
NYSE:DIS
by nicktussing77
1
MARVEL baby upIt sounds like you're describing a positive trend in the weekly and daily charts for a particular financial instrument. The price has successfully retraced, and you're currently above significant weekly and monthly levels. Given the upcoming holiday season, you anticipate a potential upward movement in prices. Your primary target is set at a historical weekly level. It's great to hear that you're finding opportunities and have a clear target in mind. Best of luck with your trading endeavors, and may the holiday season bring favorable market movements for you!
NASDAQ:MRVLLong
by Amigocsek
The Evolution Of Streaming Platforms For Movies And SeriesIn this work, we will analyze the evolution of streaming platforms for movies and series, from the emergence of the first video rental stores to the present day. We will compare the main companies in the sector, such as Amazon, Netflix, Warner Bros. and Disney, and evaluate their technical and fundamental performance in the stock market. Our thesis is that streaming platforms are a phenomenon that revolutionized the entertainment industry, but that also face challenges and controversies in a turbulent economic and social scenario. 1. The origin of streaming platforms Hollywood, located in Los Angeles, in the state of California, became very famous for producing movies and series that are consumed worldwide. This made Los Angeles one of the 5 most profitable cities in the world. In the 80s, there was a popularization of VHS tapes and, because they had a slightly higher cost, several video rental stores appeared, where they lent these tapes in exchange for a monthly fee or separate rentals. And so, with technology maturing, they started to integrate these movies into DVDs, where access became much easier than VHS tapes, but also brought the entry of piracy, which became very popular in countries with underdeveloped governments, such as Brazil, Mexico, Colombia, Turkey and among others. Even with the advancement of technology, the film industry did not stop, which brought a lot of profitability to the state of California and to the city of Los Angeles, which was the main film hub in the world. And while this was happening, the internet evolved. What was already something interesting with telephone stairs lines or radio signals gradually became what would replace video rental stores, giving rise to the first streaming platforms. Netflix, which originally was a physical video rental store, started to integrate a very well-designed library of movies and series for a low subscription cost. 2. The popularization of the internet and online content Over the years, it seemed that this internet thing would work out very well. The Justin.tv platform allowed people to broadcast everyday and normal events. This site saw a significant increase in internet users, which led to the creation of Twitch, focused on games and interaction with viewers. Note that at this point there was still no transmission of movies, as it was not something that happened much at the time. Also with the popularization of YouTube, from Google, which belongs to Alphabet Inc., people started to consume videos made by ordinary people about some content made by these same internet users. And there was a maturation on the part of people, who hired platforms like Netflix to watch movies and YouTube to watch other types of content that did not air on television. Since this type of content was for cable TV, where there was a variety of exclusivities. With abusive prices for cable TV and several repetitions by broadcasters, since the content of closed channels always repeated programming, where it became a snowball of reruns and that gradually stressed the consumer, who gradually abandoned the idea of using cable TV and switched to the internet. There were several clandestine sites, where people started watching movies and series online, without having to resort to cable TV. However, with many annoyances of ads and pop-ups with an unpleasant courtesy to those who watched. With that, with the popularization of these clandestine sites, Netflix also became popular, which offered its services without having any type of annoying ads. So, people started to pay for it so they don’t have to resort to clandestine sites. And those who didn’t pay watched within these sites anyway. What happened was that since DVD, where piracy was born, the internet also managed to mature it a lot with these clandestine sites that pirated content. 3. The competition and diversification of streaming platforms Obviously, the strike will hinder some plans for major streaming platforms. Well, this shows that with all the evolution we described here, the fight for exclusivity and copyrights has become increasingly fierce and competitive. And of course competition also generates performance and what also attracts investors. Bringing now 5 actions from these respective companies. Starting to do a study, where we will analyze first the paper from Amazon. Because it acquired Justin.tv, launched in 2007, and Twitch, being a branch, being launched in 2011. And so in 2014, Justin.tv being discontinued. Also in the same year, it was acquired by Amazon. It also has a streaming platform that has rivaled Netflix quite a bit, which is Amazon Prime Video. In addition to having another streaming system aimed at music, which has also rivaled Spotify quite a bit, which is Amazon Music Unlimited and Amazon Prime Music. Speaking now about Netflix, which is a company that has a great history and that has been around for a long time. In addition to a streaming service, it also now started to develop movies and series to fill the catalog that were removed due to copyrights. Of course Netflix is a controversial company, loved by many and hated by others, for addressing issues that are not very receptive by a large part of the public, such as gender ideology or something related to the queer public. And even with all the controversies and controversies about Netflix, it is a great company with good numbers. Speaking now about Warner Bros., which is another company that is in the streaming business, betting heavily on HBO Max. What worked out very well in 2021, where the paper rose a lot. Warner is a very reputable company, which has been around for a long time, owning several successful movies and brands. In addition, they are also in the music business, calling themselves Warner Bros. Music Inc. But we can’t say that just like Amazon and Netflix, Warner suffered a lot from the American macroeconomy, with high inflation acceleration. Also dropping the paper, going from 74 to below 9 USD. Having a devaluation of 81.9%, which is a very high value for the investor who had a lot of losses by holding this paper. Despite all this, Warner is trying to reinvent itself, as it has made productions that have not pleased the large community. So they have bet on a reboot in the cinematic universes of their respective scripts. And lastly, now we will talk about Disney. It is a mega-company, not only acting in movies, but also it has several amusement parks. Being the most famous Walt Disney World, located in Orlando, Florida. Just like the other companies mentioned here, Disney was also badly hurt in 2022 with some economic problems in the United States. But with the high of 2021, which was a placebo effect of pandemic recovery. And also with the success of the Disney+ platform, which made the company rise to the level of 200 USD. Just like Netflix, Disney has been heavily criticized for tirelessly addressing gender ideology issues, changes in ethnicity of consolidated characters, in addition to several controversial accusations about reproducing content to sexualize children. The path of diversity and liberalism has bothered a large part of investors, who are not pleased with the company’s policies. In addition, it also felt the effects of high American inflations, causing the paper to plummet a lot. All this together with the effect of fundamental analysis. 4. The technical and fundamental analysis of the main companies in the sector Let’s look at the technical and fundamental analysis of each of the companies we mentioned, and see how they have behaved in the stock market. 4.1 Amazon Let’s look at the technical analysis of this asset: Notice that in 2022 there was a drop in Amazon. This was normal, since the S&P itself felt this drop. So all companies in the index were affected, including the Nasdaq Composite asset. Within this downtrend channel, in November 2022 they started to form a range, where the first test is done without enough supply for the price to drop further. And again in March we have another test with lower sales than the last purchases. With that, an uptrend channel started, where it returned to the top of September 2022 and to the region of the VWAP of 750 periods. It seems that we can see Amazon’s paper plummet a little. Maybe there in the range of 120 to 125. And if there is no buyer interest in this price range, we can see the market fall further. But reaching this price range and happening to enter buyer flow, they can hold the price at 125 and make it return to the same top of the region of 135. Now we will be analyzing the fundamental data. Source Yahoo Finance The company has a strong market, good cash generation and high growth, but it also has an uncertain valuation, high costs, high risks and high debt. This means that it can be an investment opportunity for those seeking high long-term returns, but it can also be a pitfall for those unwilling to take the risks involved. The company does not pay dividends, which can be a negative point for those looking for passive income Well, this is not a good foundation, but it is open to interpretation. Seeing this and the technical scenario, things may not be so good for Amazon. In addition to a very stretched price at a top of the VWAP of 750 periods, it is also not very convincing in fundamentals. But that doesn’t take away from the fact that the Amazon empire is a wonderful and successful company. 4.2 Netflix Let’s look at the technical analysis of this company and see what the chart along with the fundamentals want to say? Source: Yahoo Finance The company has good growth, good profitability and good cash generation, but a poor market value and does not pay dividends. Your margin, ROE, and ROIC metrics are good, but your asset turnover is bad. Its current liquidity is good, but its total debt to equity is high. Therefore, the company may be a good fit for investors looking for growth, but not for those looking for passive income or low risk. It is a company that, doing a technical study on it, has not corresponded so much. If we look closely, the part where Netflix had more appreciation was after the pandemic, where there is a spike in price and forming a very common pattern in technical analysis called zig zag pattern. Which is very common during reversal movements. From 2022 it was very bad for Netflix, which suffered a very abrupt drop, leaving 696 and coming to fetch 171. Which was indeed very worrying. She even managed to return to 416. However, this top, as we saw in the first chart, Netflix may be heading for another reversal. That is, being this high just a corrective movement. Because if we notice well, buyer interest has been falling more and more. And besides, she lost the region of the VWAP of 50 periods, showing that there is an acceleration in price. So in the most optimistic hypothesis, she could look for 360 USD. Source Yahoo Finance The company has good growth, good profitability and good cash generation, but a poor market value and does not pay dividends. Your margin, ROE, and ROIC metrics are good, but your asset turnover is bad. Its current liquidity is good, but its total debt to equity is high. Therefore, the company may be a good fit for investors looking for growth, but not for those looking for passive income or low risk. Observing that Netflix’s fundamental data have been good, despite some bad indicators. Even with good fundamentals, it has conflicted a bit with the technical part. However, as I said, being very optimistic, she may look for 366. And of course, if buyer interest appears there, they can accumulate. Even looking at the good fundamentals that the company has. This is because investors make decisions not only because of the good fundamentals of the company. They also take macroeconomics into account. 4.3 Warner Bros. Let’s look at the technical analysis of this asset: It seems that things are not very good. We will now do a fundamental analysis. Source Yahoo Finance The company has a bad market value, negative profitability and does not pay dividends. Your margin, ROE and ROIC metrics are bad, as is your EV/EBITDA. Its cash generation is good, but its current liquidity is poor and its total debt to equity is very high. Therefore, the company can be a bad option for investors, as it presents high risk and low return. With regular to regular fundamental data, fundamental analysis confirms the downward bias along with technical analysis. We know that Warner has a lot of growth potential and that despite all the problems she went through, she can turn things around. If you do good management of the company. 4.4 Disney We will be doing a technical analysis study on the asset. Here we have the presence of 3 charts, where we can clearly see that Disney has been going through a very worrying moment. At least on the technical analysis part, it has shown decline. You can’t tell how far it really goes, due to some proportions. For example, we know that Covid Bottom’s barrier is a psychological support, where participants took advantage of a panic moment there in 2020 to be able to spin the market. However, it seems that it is becoming unsustainable and we can see Disney fall a lot if it happens. It can also happen not to fall and there is buyer interest. But we have no technical evidence to show us buying at the moment. Now we will be observing the fundamentals: Source: Yahoo Finance The company has good market value, good cash generation and good EBITDA, but low P/E and low ROE. Its operating margin and current ratios are fair, but its net profit and total debt-to-equity ratios are weak. Some indicators are not available like DY, DP, ROIC, gross margin and asset turnover. Therefore, the company may be a moderate option for investors but the technical analysis leaves a lot to be desired, which can be worse. We can see that Disney’s fundamental data are regular, but not exactly the worst on the list. But it also does not present security to investors in a turbulent economic moment. 5. The conclusion and future prospects In conclusion, we can affirm that streaming platforms are a phenomenon that revolutionized the entertainment industry, but that also face challenges and controversies in a turbulent economic and social scenario. Through the technical and fundamental analysis of the main companies in the sector, we saw that they have presented varied performances in the stock market, depending on factors such as the quality of service, the diversity of catalog, customer loyalty, competition, innovation, reputation and macroeconomics. For the future, we hope that streaming platforms continue to grow and adapt to the demands and preferences of consumers, but also that they are responsible and ethical in relation to the content they produce and distribute.
NASDAQ:WBD
by Victoredbr
8
Has Disney Bitten off more than they can chew? Target $23.30Head and Shoulders has formed on Disney. Since 2021 at the high of $202.00, the market has crashed down to $89.00 Technically, it's really not looking good for the giant. 21>7 RSI<50 My unfortunate target for Disney is to $23.30. It sounds ridiculous and it is crazy, considering how they bought Pixar, Marvel, Lucas Films. I trust the company will get out of the doldrums and I will revisit my analysis. But for now it seems like downside is to come.
NYSE:DISShort
by Timonrosso
5
MRVL DCA - Rectangle PatternCompany: Marvell Technology Group Ltd. Ticker: MRVL Exchange: NASDAQ Sector: Technology Introduction: Greetings, fellow traders and investors! Today, we're diving into the daily scale chart of Marvell Technology Group Ltd. (MRVL), particularly observing a potential rectangle pattern that has formed after a clear downtrend. Rectangle Pattern: The rectangle pattern typically represents a period of consolidation, where price moves within a range between parallel support and resistance levels. It can be a bullish or bearish signal, with the trend direction determined by the eventual breakout. Analysis: Marvell Technology's stock has been consolidating in a rectangle pattern for about 225 days, with the price currently above the 200 EMA. The upper boundary of this rectangle is at $49.30, while the lower boundary is at $35.67. Both these boundaries have seen two touch points each. Our focus now is on observing if the price can breach the upper boundary. As of now, Marvell Technology remains on our watchlist, showcasing potential for future movement. Should a breakout occur above the upper boundary, we could be looking at a price target of $67.87. This implies a potential price increase of roughly 27.5%. Conclusion: Marvell Technology's daily chart points towards a consolidation phase, characterized by a potential rectangle pattern. A valid breakout above the rectangle's upper boundary could set off a bullish trend, offering a promising long position opportunity. As always, please conduct your own due diligence and consider risk management strategies before making investment decisions. If you found this analysis insightful, don't hesitate to like, share, and follow for more market updates. Happy trading! Best regards, Karim Subhieh
NASDAQ:MRVL
by KarimSubhieh
Merry Christmas, brothers and sisters!❄️ Hey traders, SignalProvider teams wishes you a Merry Christmas! "At its best, Christmas is a mirror in which we see reflected the very best life can be. Where we see ourselves moved by generosity, inspired by hope and uplifted by love, not only for ourselves but for the whole evolving universe." May the magic of the Christmas season fill your home with joy and peace. Sending lots of love to your family, and looking forward to see you with us next trading year. Take care of yourselves and stay safe.💙
OANDA:BTCUSDLong
by SignalProvider
3
Comic strip - Chaos & Carnage Over the last year, I have been making my Bitcoin trades public. I have been using the @TradingView charts to show the logic for each Bitcoin swing. I have used cartoon posts for the explanation of sometimes technical topics. All with the view of educating the community here on Tradingview. I have traded for over 21 years now, covering all kinds of instruments, found out the hard ways - the strategies that work and the ones that did not! In the last year, the education and logical posts have been posted here to grow awareness of how the emotional sentiment of the retail crowd is leveraged by the institutional players. All I had from each Bearish BTC call was - "it's not distribution, its accumulation" or "PlanB is not wrong" This only shows the strength of the sentiment & as a professional trader, it's useful when doing technical analysis to know the reasons why we are likely to go up or down. We all know the crowd is wrong 75%+ of the time. The retail sentiment only want opinions that are in line with their own purchases and beliefs. Sometimes, to win the war. It's the little battles that count. I have spent this last year looking on at the market, like Batman assessing the situation. In March 2021 I posted the rocket call showing exactly why we where doing what it should be. I explained the logic as to why the drop was coming - seeing it being cut down by Wolverine; This was covered in the logic behind Wyckoff DISTRIBUTION From this move down, everyone was expecting a 100k plus rally - we had PlanB call for 92k in April, 98k November and 135k in December. And the crowd only cheered, as Chaos surrounded the crypto market - Hulk was running wild! Yes all of these are drawings! The roadmap allowed us to remain calm as we had already anticipated the move up from the 2017 move, the extension levels up to 60k, the Wyckoff distribution in play and the extension down for the drop (as seen in the rocket move) Just like Deadpool - calm and confident! Retail crowd much like Groot had one thing to say "100k, 100k, 100k" The levels had been pre set - check out the date And up to test it, fake out and drop after using the level as strong resistance. So whilst all the fake guru's where selling themselves as a crypto Ironman With shinny indicators that made them look advanced. The only logic that worked was to stick to the plan, hang around. Watching the chaos from afar, and getting ready to swing into action. All of this can be seen here (click the link) And all of the education covering the logic for calling these moves - was posted as a Christmas gift recently, all in one place! Over the next couple of weeks, myself and @Paul_Varcoe will be posting and streaming here on Tradingview with the updates to the roadmap. Stay tuned! Enjoy the weekend!! THE END Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITSTAMP:ETHUSD
by Mayfair_Ventures
62
$DIS - Getting ready for its final move?Disney is on wave 5 from the covid lows. Its sitting on 2 AVWAPs and was rejected off another AVWAP. It tested the DTL from the wave 3 high after being rejected at the AVWAP of the wave 3 highs. There's currently a volume shelf at 175-176 where it has been consolidating. All signs point to a large move up, especially with Marvel phase 4 starting up, the charismas movie season coming and Disney plus showing strength in programing. Invalidation below a daily close of 167, confirmation above daily close of 202.
NYSE:DISLong
by ir-rizzle
MRVL ER run up MRVL Technology is a semi conductor company that has been lagging behind this week with other semis like NVDA having nice rallies. Great company with continued growth in the 5g and cloud computing segment. Looking at this for a potential swing with ER approaching early March. In a nice uptrend since the pandemic hit and currently in a 2-3 week downtrend channel to complete a nice bull flag. Watching for a breakout of the downtrend with a significant increase in volume for a confirmed reversal. Looking for a break and hold above 51.60 for an overall move up to retest ATH at 55.80. Over that I'm looking at a push to my wave 5 target at 62. Ways to Play this 1. Buy Shares and hold long term - low risk low reward 2. Load on the dip before the rip (load zone: 48-51), scale in with option contracts w/ couple month out expiration 3. Wait for the breakout (confirmed reversal) of 51.60 to load up couple month out contracts Options to consider 55C 3/19 1.84 (low risk: medium reward) 50C 2/19 1.66 (medium risk: high reward) 51C 2/19 1.15 (medium risk: high reward) 55C 2/19 .23 (Lotto)
NASDAQ:MRVLLong
by jUiCE_Trades
14
DIS Can it keep pushing?Shorting DIS doesn't last long, one thing I've learned is to never short the mouse! the Mickey cult is ridiculous. Good reversal today, bounce right off my .786 at 167.98. The only reason we went down yesterday was because the price downgrade but Bears premiums were crushed today. We could see another leg up to 188.50 by next week. Potential price upgrade tomorrow could help this momentum carry, on top of the great plans Disney has with marvel and Disney+. Great things in the future for Disney and once parks open up ill be super bullish. My plan: 180C 12/24 (great OI and Vol) Key levels: Support: 169.29, under 165.36 i can see a bounce near 163, Resistance 177.47
NYSE:DIS
by jUiCE_Trades
7