Discover Financial Services (DFS) – stock is trading around $86.68 dollars as of December, 16, 2019 and offering a possible buying price between $85.37 – $89.64. Let’s look at the stocks technical actions using a weekly chart.
2. The stock witnessed a stalling rail road week back in end of July, as a heavy volume green week followed by a reversal week.
3. The stock started to live below the 50 day moving average (DMA) line after that.
4. However, the stock found support at the 200 DMA the long term trend support line.
5. The stock regained the short term 50 DMA line recently holding above it nicely.
6. The stock is offering possible buying price between $85.37 – $89.64, with a stop loss at $78.54.
This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .
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