Disney hit record high ahead earnings

Disney hit record high ahead earnings

2021-02-11 • Dikemaskini

What happened?

Walt Disney hit the all-time high on Monday. Investors are waiting for the next catalyst to drive the stock further up. It won’t take too long as this Thursday Disney reports its earnings at 23:30 MT time (GMT+2). Analysts are expecting $15.89 billion in sales and -$0.33 loss per share. 

How earnings will impact Disney?

If the actual results are greater than the market estimate, Disney may reach new records.

In the opposite scenario, if results come out worse than anticipated, Disney will drop.

Check earnings calendar

1.png

Disney isn't at its best now

The Covid-19 pandemic hit hard the House of Mouse as the company was forced to shut down its shops and Disneylands amid lockdowns and thus lost a lot of its customers. Disney tried to join the overall digitalization with its streaming platform Disney+, which should help to offset the losses. Actually, the streaming platform has nearly 90 million subscribers now.

Technical analysis

Disney has been trading in an uptrend since February. If earnings come better, the stock will have a chance to rise to the key psychological mark of $200.00. On the flip side, the move below the low of February 3 at $176.00 will press the price down to the next support of $168.00.

DISNEYDaily.png

You can also trade stocks with FBS Trader mobile app. Remember that stock trading starts as the US session begins (at 16:30 MT time). 

IMG_20210210_153714.589.jpg

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded Metatrader 5 or FBS Trader app. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area (an account in FBS Trader).
  3. Start trading!

                                                                                                  TRADE NOW

Serupa

Berita terkini

Deposit dengan sistem pembayaran tempatan anda

Notis pengumpulan data

FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.

Callback

Pengurus akan menghubungi anda dalam amsa terdekat

Tukar nombor

Permohonan anda telah diterima

Pengurus akan menghubungi anda dalam amsa terdekat

Permohonan panggil balik seterusnya untuk nombor telefon ini
boleh dilakukan dalam dalam

Jika anda mempunyai isu yang perlu disegerakan, sila hubungi kami menerusi
Live Chat

Masalah dalaman. Sila cuba sebentar lagi

Jangan bazir masa anda – pantau bagaimana NFP mempengaruhi dolar AS dan kaut keuntungan!

Anda sedang menggunakan pelayar web yang versinya sudah lapuk.

Kemaskini kepada versi terkini atau cuba pelayar lain untuk penggunaan yang lebih selamat, selesa dan produktif.

Safari Chrome Firefox Opera