1. Fresh Daily Squeeze The S.A.M. AI Scanner identified a daily squeeze formation in DIS, signaling decreasing volatility and energy building for a potential breakout. Compression near highs like this often precedes powerful upside moves, especially when combined with strong relative strength. 2. Relative Strength DIS traded higher even as the broader market sold off. This kind of strength against weakness often signals institutional accumulation and sets the stage for bigger moves. 3. Price Action The stock is consolidating just below its 52-week highs—a classic sign of accumulation. When paired with our squeeze signal, this behavior often leads to strong continuation moves. Fundamental Backdrop Disney's business fundamentals add fuel to the fire: - Streaming profitability: Achieving key milestones in its streaming business.
- Subscriber growth: Strong growth metrics driving optimism.
- Pricing initiatives: Strategic adjustments bolstering margins.
- Improved operating performance: Continued strength across parks, content, and entertainment.
Your Action Plan This setup in DIS is hard to ignore. Here's why: - Fresh daily squeeze at a key technical level.
- Relative strength against a weak market.
- Decreasing volatility during consolidation.
- Bullish price structure near 52-week highs.
- Strong fundamentals supporting the technical picture.
While I haven't entered a position yet, I'm watching closely for a potential options play. If I take action, Profit Surge Trader members will get immediate alerts, including specific entry and exit levels. This kind of setup often presents excellent opportunities for options strategies, especially when compression occurs near key resistance levels. Want to learn how I identify high-probability setups like this? Click here to joinProfit Surge Trader and get exclusive access to my live trading room. |
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