What You Need to Know About BP, Exxon, Etsy, Wendy's, and Disney Trade

TLDRThis video provides insights and analysis on the trade for BP, Exxon, Etsy, Wendy's, and Disney. BP shows relative weakness with missed earnings estimates and a recent gap down, making it a hold for now but a sell if it breaks below $33.50. Exxon Mobile is a shining star within the industry, with potential for a breakout above $105 and a great spot to add more shares. Etsy, despite recent news of a partnership, has overhead resistance and a history of selling off after earnings, making it a short between $75 and $90. Wendy's is in a short-term downtrend with negative reactions to earnings, indicating a short opportunity down to $17.50. Disney has shown positive trends after earnings and has turned around, making it a buy opportunity at a lower price point.

Key insights

⭐️BP shows relative weakness with missed earnings estimates and a recent gap down, making it a hold for now but a sell if it breaks below $33.50.

🚀Exxon Mobile is a shining star within the industry, with potential for a breakout above $105 and a great spot to add more shares.

🔻Etsy, despite recent news of a partnership, has overhead resistance and a history of selling off after earnings, making it a short between $75 and $90.

⛔️Wendy's is in a short-term downtrend with negative reactions to earnings, indicating a short opportunity down to $17.50.

✅Disney has shown positive trends after earnings and has turned around, making it a buy opportunity at a lower price point.

Q&A

What is the current trade recommendation for BP?

—BP is currently a hold, but it should be sold if it breaks below $33.50.

Is Exxon Mobile a good investment?

—Yes, Exxon Mobile is considered a shining star within the industry and has the potential for a breakout above $105.

Is now a good time to buy Etsy?

—No, now is not a good time to buy Etsy. It has overhead resistance and a history of selling off after earnings.

How do negative reactions to earnings affect Wendy's?

—Negative reactions to earnings indicate a short opportunity for Wendy's, with a target down to $17.50.

Is Disney a good buy?

—Yes, Disney has shown positive trends after earnings and has turned around, making it a good buy opportunity at a lower price point.

Timestamped Summary

00:00This video discusses the trade for BP, Exxon, Etsy, Wendy's, and Disney.

00:11BP shows relative weakness and should be held for now, but sold if it breaks below $33.50.

00:45Exxon Mobile is considered a shining star within the industry with the potential for a breakout above $105.

01:20Etsy has overhead resistance and a history of selling off after earnings, making it a short opportunity between $75 and $90.

02:40Wendy's is in a short-term downtrend with negative reactions to earnings, presenting a short opportunity down to $17.50.

03:48Disney has shown positive trends after earnings and has turned around, making it a buy opportunity at a lower price point.

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