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corvidaecapital

JSE:DSY - Selling Pressure Increasing

Short
DISCOVERY LTD (JSE:DSY)  
corvidaecapital Updated   
JSE:DSY   DISCOVERY LTD
Trend Analysis discovery
6
0
trendanalysis discovery
  • Weekly CCI broke 100
  • Daily CCI approaching 0 downward
  • Bearish Marabuzo on the Weekly
  • Bearish Engulfing on the Daily
Trade active:
A bit of strength at the beginning of this week.
Watch 154-155 closely. A strong daily close above will trigger an exit.
Comment:
CCI below 0 indicating mounting selling pressure.
Next Interim at 142.
Comment:
Hit support at 145 today. CCI continues to indicate mounting selling pressure.
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