Discovery to the top of the moutainPrivate Investors,
Professional Investors,
Institutional investors
Everyone agrees to buy Discovery.
I would say that the title will be appreciated in the coming weeks
Then if it does, we’ll find out together.
Discoverychannel
Discovery +15% Long OpportunityDISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level.
It has consolidated nicely after breaking out of a supply line that has held it down for months now.
It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30 support just below it. This will serve as very thick ice for the bears to break thru.
Look for an upside target of around $35 before traders begin to take profit. The 200 MA is also currently around this target area, which could serve as resistance as well.
DISCA Discovering it has a future and ready for MEDIA WARS 2021Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins!
Either way this is a strong place to get in on this chart. Identifying the bottom several different ways.
With the skys the limit. There really is nothing stopping it ceiling wise for almost $30 Lets go Chum the waters for more cannibalistic fun!
by iCantw84it
05.26.2021
I know I know I didnt put the S in DISCA. SMH
