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DanEllsworth

Double Bottom Formation Makes DFS a Screaming Buy

Long
Discover Financial Services (NYSE:DFS)  
DanEllsworth  
NYSE:DFS   Discover Financial Services
Trend Analysis Chart Patterns Beyond Technical Analysis DFS long-term trade discover financials Coronavirus (COVID-19) buy Double Bottom
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trendanalysis chartpattern beyondta dfs long-term trade discover financials coronavirus buy doublebottom
Keep in mind, charting patterns in this coronavirus-driven market may seem like a bad idea. So let's take a look at the financials: Dirt cheap even for the recession we're in (P/E ratio: 3.41) and certainly oversold (RSI dropping below 30). Nice paying dividend currently over 5% - DFS is a screaming buy right now. Buy it and ride these tough times out.
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