volony

No breakhrough in takeover of all studios and Launch of Disney+

Short
NYSE:DIS   Walt Disney Company (The)
Disney has been one of the few dearest darlings of int'l investors for over 3 years, and it's list of achievements is really impressive. However, consolidations of the Hollywood studios, as well as the launch of long-awaited Disney+, despite common expectations, did not bring major breakthrough to its current financials. Coronavirus spread rises alarm as to possibility of sharp drop of visitors in its worldwide theme parks. MACD+ strategy shows distinctive sell signals. It's May 9, 2020 earnings will grossly disappoint.
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