NFLX is the Coca Cola to DIS being Pepsi in the streaming wars. Or at least that's how it feels like now.
I had expected DIS to have a deeper correction as I followed the cycle analysis dapjgap. But DIS resisted well, which only suggests a move upward is expected soon.
For now, I have a long term position in DIS, I only expect this stock to grow in 2021. My next dip entry target (if DIS consolidates downward before earnings as NFLX did) is $165.
Short term profit target = $185
Long term profit target = $225+