africanmatt
Short

JSE:DSY - Selling Pressure Increasing

JSE:DSY   DISCOVERY LTD
  • 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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