$JSEDSY - Discovery Ltd: Five Waves Done And Dusted, What Now?
See previous analysis in link below.
Discovery stock reached the 16000 region previously forecasted and did not travel much further.
A break below the lower trendline is a strong indicator that the bull run is complete and that the stock is now in a correction phase.
I am looking for a three wave decline, similar to wave ((iv)) of the advance, before looking to get bullish again.
Discovery stock reached the 16000 region previously forecasted and did not travel much further.
A break below the lower trendline is a strong indicator that the bull run is complete and that the stock is now in a correction phase.
I am looking for a three wave decline, similar to wave ((iv)) of the advance, before looking to get bullish again.
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