JSE:DSY Discovery Markdown Starting

After a good markup phase, Discovery has undergone distribution. After a breakout of the distribution trading range (TR) price has backed up (BU) to the TR and is now pushing lower which could be the start of the markdown phase. Volume has declined on the BU and divergence with the volume RSI indicates a continuation of the decline.
jsejsedsySupply and DemandSupport and ResistanceVolume IndicatorVolumewyckoff

Also on:

Disclaimer