@DiscoDassie asked for view on share Its an interesting share to be tracking, perhaps the charts will tell us something! my attempt... I guess similar setup on JSE:ASC Shade purple zone appears to be a good place to buy long. its basically the area where a breakout of downtrend would occur in near term. could be more aggressive and buy as soon as...
Word on the street is you should buy ASC. No margin needed!
The company announced a partnership with Netflix and Amazon Video. Seems like another HBO content deal. They also announced the introduction of a 'new' platform. The support service is terrible and the various streaming platforms seem broken at best. Recently the company has experienced continued declines in the number of DStv Premium and Compact Plus...
Share will probably gap lower. Intention to have a go short and close out at EOD.
Watching this share closely today. Idea update to follow
buy/sell when price breaches shaded area. Lets wait and see