Everyone agrees to buy Discovery.
I would say that the title will be appreciated in the coming weeks
Then if it does, we’ll find out together.
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...
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...