DSYAre you watching DSY? I am. I think it has some work to do from the falling wedge however if the trend line is breached on the upside, it may trigger a swing long. This is one of a few shares I am watching. To find out more about our research, DM me today. by LD_Perspectives0
Channel still holdingDiscovery managed to hold on to the upward channel en holding above the 200dmaLongby TradingMzansi111
Channel (and potential head-and-shoulders) breakNot liking this break from Discovery, appears that the upward channel was broken, tested and denied.Shortby TradingMzansi221
Discovery- Potential break-downDSY has formed what could turn out to be quite a dramatic head and shoulders pattern (bearish). Having already broken below the 50 Day moving average, it looks like the writing is on the wall for a re-test of the 200 day moving average. A continuation of this pattern and current momentum could see the price move nearer to 125.00Shortby RobbyP1
Break or Bounce?Discovery testing the positive channel, a break will put an end to positive momentum.by TradingMzansi2
Testing the Upward ChannelNot liking the look of Discovery here, upward positive channel being tested.by TradingMzansi1
Discovery LTD Presenting A Textbook Elliot Wave CorrectionA textbook E. Wave correction continuing here. We will not let it go. Happy trading.Shortby NeoRamsley0
After holding the 200w EMA DSY could gain bullish momentumDiscover looks quite bullish as it held the 200w EMA Longby VillageTraderZA1
DSY Changing MomentumIt looks like there is a change in direction on the cards for JSE:DSY . Although not confirmed yet, it is looking like it's only a matter of time before the MACD and the EMA's confirm the downward move along with the stochastic.Shortby RossLarter112
JSE DSY LongThe share has just broken above the 50 day moving average level of R139.02 and the breakout opens the share to a move towards R149.17 first then R157.84 and aggressive traders can look at buying the breakout.Longby tafaratsoka0
DSY - 1D -ROOM TO GO 201At the bottom ,of a upward channel, hope it holds. Weekly and daily stochastics overbought. ATR giving me a buy signal. Comgest global investors now hold 5% of the share. The sentiment tot his company will be good to the future.Longby AWPEARCE10
Re-Break of 13400 resistance on DiscoveryThe stock broke the 13400c resistance and ran to as high as 15880c. The stock came back to trade below the 13400c support. The 30w EMA is still above the 60w EMA. I’m looking for a re-breakout back through the 13400c resistance level. Longby VillageTraderZA2
Discovery- SHORT THE BOUNCEDSY looks to making an attempt to retest the break-out level and has once again become resistance. Momentum indicators based on the daily chart are all still very weak which suggests that this bounce is too. I think Discovery is a convincing short at 135.00 with a potential medium term downside of R15.00. Targeting R120.00ishShortby RobbyP0
DSYAn extract from my research report for 25-29 January 2021 Discovery Holdings (DSY 12984c) | DSY has acted well for me recently, firstly on the long side as it broke out from a bull flag, then on the short side as it became overextended at around 15500c. At current levels, the lower time frames suggest 'near oversold levels'. Should it trade there, the 11960c to 12100c level appears to be a demand zone at which ultra short term traders could look to accumulate. Stop: 11720c. by LD_Perspectives0
A nice falling wedge on DiscoveryWe have a nice falling wedge on Discovery. We had a classic morning star doji last Friday. Looking for a breakout to add into my breakout trade positionLongby VillageTraderZA1
DSY: targeting R140?High probability trade. Confluence of technical indicators supports such a view. Shortby Peet_Serfontein2
DSY - Bounce off strong resistanceJSE:DSY has revently bounced off of a strong resistance level that dates back all the way to 2015. If it continues down and breaks below the low formed on the 7th of Jan 2021, I will consider a short position based off of the downward momentum. The stochastic, MACD and the 2 EMA's are all showing signs of a downward move.Shortby RossLarter221
DSY - 1D - ROOM TO GOThere is still a little room left considering that weekly and monthly charts show overbought stochastics. With vaccines becoming available and medical schemes committing to subsidise them i think that this will prove to be favourable for their image in the medium to longer term. Stochastic 5 oversold and 14 getting there, ATR giving buy signal. Will do a short term trade and watch closely.Longby AWPEARCE11
Discovery - Bullish Head and shouldersretest of the head and shoulders neckline? stop loss below the right shoulderLongby BambooGrowth2
Discovery Holdings (DSY) Previously, we caught the bull flag for a buy/long, now we're looking to go short. Discovery (DSY) - Short/Sell Entry: 15482c Stop: 15820c Targets: 14620c, 14200c Shortby LD_Perspectives223