$JSEDSY - Discovery Ltd: Five Waves Almost Complete, What Now?
Discovery did discover some buyers as per the previous analysis, link below.
Looking at the move from 10073, it looks like the stock is making its fifth and final move up to complete an impulsive move.
Wave(iii) in only 1.236*wave(i) so there is potential for wave(v) to be extended.
Longs opened at current prices should use 13194 as a stop-loss level.
Looking at the move from 10073, it looks like the stock is making its fifth and final move up to complete an impulsive move.
Wave(iii) in only 1.236*wave(i) so there is potential for wave(v) to be extended.
Longs opened at current prices should use 13194 as a stop-loss level.
