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Trader-Dan

Discovery - Long (Swing trade)

Long
DISCOVERY LTD (JSE:DSY)  
Trader-Dan  
JSE:DSY   DISCOVERY LTD
Support and Resistance Pivot Points Fibonacci
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supportandresistance pivotpoints fibonacci
- #JSEDSY has reached oversold levels and is looking to get a bit of relief from the last leg down

- Decent breakout out of a consolidation period

- Increasing volume on the daily and bullish price action

-Aiming for the R130 zone and then the 200 day moving average / R126.50 will be the first hurdle for the bulls

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.


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