DIS stopped selling annual passes101 bad news101 lose customers Walt Disney World has temporarily stopped selling most annual passes less than two months after reviving the program following a pandemic-related pause.
Of the four types of annual passes that theme-park visitors can purchase at Walt Disney World, the three most expensive options are now listed as currently unavailable but are expected to return at some point next year.
The one annual pass that is still being sold, the Pixie Dust Pass, is only available for Florida residents and comes with blackout dates during the holidays when it cannot be used to enter the parks.
When Disney DIS, -2.13% announced that it was overhauling the annual-pass program at Walt Disney World in September, it warned that it could pause sales periodically. Travel experts are now calling this the new normal, thanks to a new system put in place amid the pandemic that requires visitors to Disney theme parks to make reservations in advance of their visit — even if they have purchased tickets or annual passes already.
“Unfortunately, the end result is less people will be able to visit Walt Disney World during the holiday season, and many that were planning to give annual passes as Christmas gifts will have to come up with something else,” said Alicia Stella, owner of travel website Theme Park Stop. “Next time, a little warning from the company would be nice.”
Disney’s theme parks are still operating at a limited capacity, though the number of people admitted into the parks each day is much higher now than it was earlier in the pandemic. Earlier this year, Disney CEO Bob Chapek signaled that the company expected the Florida parks to be back to full capacity by the end of 2021, but that was before the Delta variant caused a surge in cases nationwide.
According to Walt Disney World’s website, the company has also suspended ticket sales for select dates throughout the holiday season.
DIS trade ideas
DIS, getting close to a trough somewhere close by.These analyst opinion is something to consider nothing more nothing less, don't you go relying on it or making your investments solely on it.
-Based on 23 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $205.43 with a high forecast of $263.00 and a low forecast of $172.00. The average price target represents a 30.65% change from the last price of $157.24.
$DIS - Disney Stock Bearish trend with a $96 PTThe major trend line dates back since 2009. stock looks like it has continuing to sell off. Will not buy at current level. Wait for $96 aas it sits on major supports and trend line. With the COVID uncertainty, It looks like fundamentally, leisure stocks like Disney will continue to sell off.
Walt Disney, will we reach the line.Disney+, as of Oct 2, 2021, had 118.1 million paid subscribers, rising 60% from the year-ago quarter. The average monthly revenue per paid subscriber for Disney+ was $4.12, decreasing 9% year over year due to a higher mix of Disney+ Hotstar subscribers in the current quarter than the prior-year quarter.
DIS Long, target 220With the rise of streaming services, Disney is one of the leaders. I'm speculating that DIS is gonna introduce video games soon, just to stay competitive with NFLX.
Technical analysis shows that DIS has been consolidating for a long time and now wants to break out.
Entry: 169-170
Target: 220
Stop-loss: 167
Period: 6-12 months
Position: 5% of the capital
DIS shortive been analyzing and backtesting some charts.
In particular~ shorts. One thing I really liked was DIS short. I was in the long swing that I exited prior to ER, we gapped down bigly of course on ER. They tried to fade it unsuccessfully. When we could not get over the ER gap down, could have looked for a short entry on a smaller timeframe like 30 min or 1 hr. The interesting thing about where we gapped down and then traded to was that it was the perfect 1.272% fib retracement from the April to May down move and I mean nearly to the absolute penny. It was enough to stop the down move for the time being, but with the weekly 100 sma not too far away any longer and also close to the 1.618% retracement on the daily of this bearish trend, it make sense to go test it. The $158.50 level area will try to act as support.
As I stated before, the best would have been to get in when we rejected fading the gap with a 1st target of $159 or so (probably would have taken partial profit on the close Friday). But an acceptable alternative would be to set a stop limit sell under the relative low~ which is what I am doing.
**DIS swing short**
Stop limit sell
Stop: $158.28
Limit sell: $158.75
1st target: $150.50
2nd target: $145.80
I oftentimes adjust additional targets and/or just take profit depending on what price action does. ive been analyzing and backtesting some charts.
Disney's Elliott, just a probable scratch one not completed yet Do not take these estimates seriously, some of these so called analyst have a success rate of <50 % ! Non the less something to consider.
- Based on 23 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $205.43 with a high forecast of $263.00 and a low forecast of $172.00. The average price target represents a 30.61% change from the last price of $157.28.
DIS'S Stochastic oscillator isn't giving us the love we need YETNot this moment of writing this idea to say the least . We need some love from this indicator to signal a reversal
non is given so far. We do no need it to happen right a way it could be lagging, but non the less it helps allot
if the majority of indicators are giving the same signals not just one or two.
Disney Long swing tradeWe have a few key levels here coming into play that I’m liking and have already acted upon today, we have support at the pre COVID high which is holding as of now along with the fib levels and a gap which was recently closed, along with my market cipher indicator showing a bottom on lower time frames at least a temporary one but definitely money to be made longing here in my option.