WavesInvesting

DISCA entering new cycle

Long
NASDAQ:DISCA   None

Discovery Elliott Wave analysis

Discovery just finished a descending triangle ( top declining b, d ; bottom flat a,c,e ) fallowed as expected with a new wave 1

We can see a clear impulse Wave 3 of one degree down, who s traveling fast and upwards. I expect a retracement of Wave 4 with support from the channel at $27.50



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