Short position on DCPParabolic moves in stocks sometimes retrace 50% of their move. Everything about this short idea technically is screaming don't do it but its worth looking at the other side of the trade. Stop @2808 Entry @2752 Limit @2585 . P.S This is a risky trade.Shortby AcolyteTraderUpdated 0
Good week and recovery to last years pricesFinally covered back to pre-lockdown levels.by TradingMzansi0
Dis-Chem Pharmacies - Ultra Short Term, ReduceThe share has followed my envisioned price path from 15 April, and then some however the daily RSI is now at 82 (with price of 2667c), so it's looking a bit frothy. May be a good level to trim if you have an ultra short term time horizon. by LD_Perspectives2
Dis-Chem Pharmacies - Following ThroughI believe if you are publishing trade ideas or analysis, it has to be clear-cut and to the point. For me, helping clients understand that prices don't go up/down in a straight line is key. On this basis, I've started adding a 'potential price path' which in some cases show that a share may pull back before moving higher. DCP has followed our previously highlighted path, reaching the target, but continuing to act well, with potential for more upside...over time. by LD_Perspectives5
Dischem breaks and stays above long term resistanceDicchem breaks a long term down trend over head resistance.Longby VillageTraderZA1
DCP - Bull flag Close above R22.80 triggers long idea. 1st target at R24 and full target at R26. Stop loss below R22Longby JonathanOtero7fUpdated 1
Change of trend?Dischem price seems to be holding above the downtrend line. Hopefully, some momentum to the upside with the MACD.Longby TradingMzansi1
Can Dischem break out?Hoping this line can hold and Dischem can break out of the longterm downtrend.Longby TradingMzansi0
Top of Downward ChannelStill in long term downward trend, maybe we can see it break out here?Longby TradingMzansi0
Weekly game plan 17 Jan 2021 - DCPNice break and retest of the bull flag. Target R24.00.Longby Herenya0
DCP Dis-Chem Pharmacies (DCP, 2137c) | The name continues to be a 'steady grinder' from our last buy call at 1715c, +24% (30 July). At current levels, the share is breaking to the upside of a bull flag technical formation while also breaking to the upside the base in place since 12 May 2020. For fresh longs, buy on a close above 2135c Stop: 1996c Targets: 2405, 2612cLongby LD_Perspectives222
DCPPrice Action Positive - Second Wave, Up? | We continue to monitor the share price as it builds a short term technical bull flag pattern that would be triggered above a price of 2125c. Supporting the continued positive technical outlook is the price consolidation on it's 200-day moving average. At a fundamental level, the group's last set of results revealed that Revenue for the 6 months was higher by 8.1% while Headline Earnings Per Share for the same period improved by 16.2% for. Same stores sales at +1.5% for the period while wholesale revenue grew by 14.9% to R9.3bn. As mentioned, clearing 2125c or the downward trend line channel would trigger a buy with a stop-loss of 2005c and targets of 2255c and 2390c. Longby LD_Perspectives1
DCPDis-Chem Pharmacies (DCP, 2127c) | The name continues to be a 'steady grinder' from our last buy call at 1715c, +24% (30 July). At current levels, the share is in the latter stages of developing a bull flag technical formation while also attempting to break to the upside the base in place since 12 May 2020. The bull flag is around 55-60% complete which means we would see come consolidation in coming sessions however traders should monitor for a breach of the bull channel as a trigger that the next leg is about to commence. Also note the price attempting to find support on the second tier of the aforementioned multi-month base. This chart forms part of a larger research note.Longby LD_Perspectives3
Double bottom break and retest. Nice long trade here on DichemMight have been late but the risk-reward still rather worth it target the R23-R26 level with a stop around the R18Longby VillageTraderZA1
jse:dcp Dischem potential CUP & HANDLE ?Will we see the cup & handle upside? To support >R22 on Dischem is the recent inverse head & shoulders on Dischem (weekly) that also plays out to >R22by chsmit0
JSE:DCP DIS-CHEM Effort without ResponseDis-Chem has some effort (Buying volume, negative divergence on the Volume RSI) to get back above 2100. However, the price has been unable to break back to higher levels. A rejection of 2100 on volume points to lower levels and a possible retest of 1600 and could possibly even break this.Shortby SteynTrade1
what is going on here ?Difficult to read this and it seems that they cannot stay out of bad media who has got some views hereby Mashithembe1
JSE:DCP - Possible b/flag (W)JSE:DCP - A weekly close below 1673 confirms the pattern. A close above 1847 nullifies the idea by TiggzzPhiUpdated 0
The lines of DischemDischem been in a long-term downward channel, hoping it could at least pop up a few levels here.Longby TradingMzansi3
DIS-CHEM PHARMACIES LTD where toAt the start of this Clicks traded -30% below Dis-Chem now Dis Chem is traded 35% down on Clicks .... They both had problems with Fines but Dischem is loosing face with investors ...in general there news is problematic. There timing on buying Baby City may or maybe good ...Not sure what to think of them . There should be upside . I hold at this price but i am careful here by Mashithembe116