we will have huge price action if we held our support above the 38$, we going to have 2 price level to test , around the 34, and the 39.
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 Disclaimer My content is...
Disca has been dropping since March and has now reached an Ichimoku support on the weekly chart. My support is based on the flat side of the cloud. Quiet good risk/reward play . One could buy at the current price level with a stop between 24.90 and 23.5 depending on your risk tolerance and sizing. My target is between 32 and 35 as you can see on the chart....
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 27, 2021 with a closing price of...
DISCA has been consolidating for some time now. Looking for breakout of this wedge. Given it's low valuation and high performance with its fundamentals I'm expecting a breakout to the upside, if it dips lower i'll DCA more inline with my stratergy. ** NOT TRADING ADVICE **
Big sell of after beating earnings. BUYING THE DIP. ** NOT TRADING ADVICE **
DISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level. It has consolidated nicely after breaking out of a supply line that has held it down for months now. It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30...
This post is just for people to know what is going on between big players! No recommendation to buy or sell: According to Bussiness standard: Soros Fund Management bought $194 million of ViacomCBS Inc., Baidu Inc. stock valued at $77 million, as well $46 million of Vipshop Holdings Ltd. and $34 million of Tencent Music Entertainment Group during the first quarter,...
Since there was such an overwhelming interest in weird things I find in gauging the market....I made this video that breaks down 4 stocks that I used Past Trend prediction on and paired it with Key Code to show confluence on these stocks going Up. Keep in mind these are 2 different paths from 2 different time periods and completely different moves altogether. If...
Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins! Either way this is a strong place to get in on...
DISCA by iCantw84it 05.18.2021
After crash Discovery showing good level, as it's good by fundamental too, so far it looks like rig and little sideways.
#DISCA sold off over 120% 200MA held strong Overcoming 9MA MACD sloping up RSI oversold risk/reward 1.95 Target at high volume price NASDAQ:DISCA
Oooof! What a magnificent dump! Whoever was on the short side is probably moving to Cayman Islands now. Such a mega dump action should result in a quick bounce reaction. $55 level would be my exit level to watch. No analysis on this one. YOLO play.
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
In the last 6 months DISC Discovery went up 280% which is a bit concerning. You can see in the chart the targets to watch and also the area that i intend to long DISCA once again. ANALYST RATINGS: 3/23/2021 UBS Group Downgrade $24.00 ➝ $46.00 2/23/2021 Wells Fargo & Company Boost Price Target $42.00 ➝ $65.00 2/23/2021 Barclays ...
Both technical analysis, analyst estimates and fundamental analysis suggest that Discovery could be a strong sell. Within my analysis, there are several price targets with the lowest target being quite optimistic.