DIS: Disney, a legacy media and entertainment company. Key Levels: $84.00, $85.00, $124.00, $126.00. ๐ Trade Analysis:
Streaming Business: Disney's efforts to turn its streaming business profitable. Cost Savings: Annualized cost savings, especially in streaming. Theatrical Releases: Several theatrical releases from iconic franchises. Bullish Sentiment: Positive outlook on Disney's streaming and entertainment business. ๐ Trade Strategy:
Entry: Above $84.00-$85.00 range. Upside Target: $124.00-$126.00. Profitable Streaming: Anticipation of profitability in Disney's streaming business.
๐๐ Note: Monitor Disney's streaming revenue and upcoming releases for trade decisions. ๐๐น #Disney #TradeAnalysis #StockMarket ๐๐