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DanEllsworth
Apr 3, 2020 7:45 PM

Double Bottom Formation Makes DFS a Screaming Buy Long

Discover Financial ServicesNYSE

Description

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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