$Discovery-A (DISCA.US)$ Disca has been dropping since March and has now reached an Ichimoku support on the weekly chart.
My support is based on the flat side of the cloud.
Quiet good risk/reward play. One could buy at the current price level with a stop between 24.90 and 23.5 depending on your risk tolerance and sizing.
My support is based on the flat side of the cloud.
Quiet good risk/reward play. One could buy at the current price level with a stop between 24.90 and 23.5 depending on your risk tolerance and sizing.
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$Invesco QQQ Trust (QQQ.US)$ QQQ is currently sitting in a upwards channel which ended up bouncing off support on the daily.
It’s a good idea to keep your eyes on this chart especially if price ends up breaking support or resistance which can give you a good idea of where the future will lie.
RSI recently out of oversold territory. MACD curling w/ a expectation of a continuation up.
It’s a good idea to keep your eyes on this chart especially if price ends up breaking support or resistance which can give you a good idea of where the future will lie.
RSI recently out of oversold territory. MACD curling w/ a expectation of a continuation up.
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