AI Algorithm Trading Firm Sells Disney Shares on Blowout Earnings After Calling Stock Market Bottom

We sold Disney shares at $118 today after the company earnings report. In addition, we explain why did we buy shares at $88 in 2022

expert insights
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We sold Disney shares at $118 today after the company earnings report. In addition, we explain why did we buy shares at $88 in 2022. We called a market crash downgrading Disney to Strong Sell at $200

Technical explanation

To comprehend why did we recommend to buy Disney at $88 after calling a crash downgrading to Strong Sell, you find the detailed technical explanation in this article, Train and Deploy Machine Learning models to Accurately Predict Future Stock Prices

Live Disney Technical Analysis

Furthermore, we offer a detailed real-time technical analysis for long-term investors in Disney in this article

Disney Stock Outlook 2023

On the day that Disney's share price crashed to $88, we decided to close short positions buying shares having in mind Disney's stock outlook for 2023. Hence, we bought more shares down to $84, and even more after Netflix reported a blowout quarter in 2023.

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Jim Cramer urged the U.S retail crowd to quit investing in Disney and Meta Platforms, capitulating. We saw an opportunity to invest in both companies

Recommended insight: Sell Short Disney $200 on Market Crash Forecast

So, while Disney investors were capitulating selling after a market crash, we were closing our short positions, buying shares aiming at squeeze them in 2023. The investment strategy played handsomely since Disney soared to $119 in today's pre-market session.

We strongly recommend betting against U.S retail investors to outperform consistently.
Alex Vieira Buys Meta Platforms for $89

We aim to accurately predict the price evolution of different assets like stocks, forex, commodities, and ETFs using algorithms and our expertise in numerous fields. Intuitive Code AI algorithms deliver up to 100% accurate real-time trading signals and highly accurate analytics for professional investors to outperform in the financial markets. Our expert insights include easy-to-use real-time visual instructions with market impact. Unlike others, our unmatched public record goes back to 1989, discussing how to invest successfully in leading companies since IPO.

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