RobbyP

Discovery- Potential break-down

Short
JSE:DSY   DISCOVERY LTD
DSY has formed what could turn out to be quite a dramatic head and shoulders pattern (bearish). Having already broken below the 50 Day moving average, it looks like the writing is on the wall for a re-test of the 200 day moving average. A continuation of this pattern and current momentum could see the price move nearer to 125.00
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