Walt Disney Company, the world leading entertainment group, producing live-action film, television, travels, and recently radio, music and online media, published quarterly earnings beating the expectations despite the loss recorded with “John Carter”.

Quarter 2 was difficult for the American company with an important loss on “Carter” which generated a 84 million dollars operating loss. They made few additional efforts and fiscal second quarter shows a 6% increase in revenue at 1.1 billion, 13% up to the consensus. Theme’s park net result bounced 53% at 222 million dollars. Earnings per share also beat the expectations at 58 cents.

Technically the stock follow an upward movement since September 2011 with 20-days moving average in support. The current level is an important point close to the USD 44.38 resistance. This level crossing will give a strong buying signal with an objective fixed on the consensus target at USD 47.

Investors could come into the security as soon as the resistance will be crossed with a 7% performance objective at USD 47. The stop loss will be positioned below short-term support at USD 42.5.