I'm looking to buy DSY at around R144.00. It's holding up nicely at that horizontal support in a wedge pattern. the next move could likely be back towards the top of this wedge. Investors seem to have shrugged off their soft results and that bodes well for some bullish price action
Discovery Ltd. is listed on the Johannesburg Stock Exchange and is an integrated financial services organisation, specialising in health insurance, life assurance, wellness, investments, savings products, short-term insurance and credit card products. Technicals The corrective structure indicated above has targets of between 19000 and 21000 which is a long way...
Go on youtube right now ( GOOGL ) and see what people are talking about: TLC network shows. The 'crazy' stuff has become reality tv and we now crave it in our everyday lives ( xiv blowup). Discovery inc owns TLC ( DISCA DISCB DISCK ) and owns the memes of production manage your risk gl hf xoxo snoop
Price made the first impulse move to the upside late last year, followed by a nice consolidation (correction). We are now looking for an opportunity to start accumulating DISCA. 17.70 to 19.05 area is a good zone for us to look for a potential long entry, with a potential target around 29.76 - 32.29. Disclaimer - this is not a trade call or investment advice....
My drawings are largely based on a detrended analysis and decomposing the T + C for a better understanding of their parts. To list the few tools: 1) RSI 2) DPO 3)Fib 4)Modified MACD 5)Regression 6) Bollinger So, a lot of textbook stuff in there. Looking at very near-term cycles, I drew the vertical lines to correspond with those troughs. This part was...
There is big-time resistance around the $11.6k USD price - conveniently this is RIGHT AT the .618 Fibonacci versus the ATH. Until we see it break through this and into the cloud on the daily, the verdict is still out... (can see it on the hourly as well) If it continues to meet too much resistance I would expect it to fall to the next Fib level - .786 - $9k USD.
I expect USDJPY to finish an ABCD correction in order to reach 121 price range with a max price of 122, once there we hope to find resistance, lets swing it! and as always DO NOT forget to place your SL.