Wednesday, January 8, 2025

Why Disney’s Chart Is Screaming ‘Big Move Ahead

Trade of the Day Wake-Up Watchlist

"A stock showing strength in a weak market with a squeeze near its highs is the kind of setup I watch closely."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

Nate Bear

Sometimes the market hands you setups that are simply too good to ignore.

Yesterday was a bloodbath for most stocks. The SPY and QQQ were crushed, with sellers fully in control.

But in the midst of this carnage, one stock did something remarkable—it was trading higher.

That stock was Disney (DIS).

When my S.A.M. AI Scanner alerted me to a fresh daily squeeze forming near its 52-week highs, I knew this setup had serious potential.

This is the kind of technical confluence that has preceded some of my most profitable trades. When a stock shows strength in a weak market while building compression near key levels, it's a signal worth paying attention to.

Let me break down why this setup has my full attention:

 

The Technical Setup

Strange Discovery in Central Florida Orange Grove...

Over 1,000 miles from Wall Street...

One man began a movement that could be bigger than stocks and crypto... combined.

Shark Tank's Mark Cuban says, "It's like the early internet days all over again. I think it's going to be huge."

Alternative investment expert Shah Gilani at Manward Press has released a full investigation into this unusual investment...

And you won't believe what he discovered. Click here to find out more...

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.

Trump's Legacy-Defining Momentor Strike

Trump dancing
 

Elon Musk Predicts Historic Crisis in First Year of Trump Presidency. But the Surprising Way Trump Solves it Could Cement His Legacy.

No comments:

Post a Comment

“AI Killer” 10x More Powerful Than ChatGPT

🚨 Elon Musk Drops Stunning Bombshell? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...