FundaTechno Analysis | Discover Earnings Play
With current stretched valuations, I am avoiding any positions that require 2+ weeks holding to play out. DFS is trading on support with earnings this week, consumer discretionary is the best performing SP500 sector, I am looking for this to show in discover. While American express and now even Mastercard are being dropped by large vendors due to higher fees (Costco no longer takes Mastercard), discover should stand out a bit especially when looking globally.
Keeping up with 3 higher lows, I am feeling bullish on DFS earnings and expect at the least a retest of the channel top. A break and candle close above the 3 month support turned resistance at $51~ would be VERY bullish.
FundaTechno Style
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Keeping up with 3 higher lows, I am feeling bullish on DFS earnings and expect at the least a retest of the channel top. A break and candle close above the 3 month support turned resistance at $51~ would be VERY bullish.
FundaTechno Style
Drop a follow to see my live trades
Dagangan ditutup: sasaran tercapai:
75% position profit taken at $52