IPO of $DOCN just happened and I'm very bullish on this stock
Only if the right pattern appears.
Like Roblox which broke down and is finding a lower pirce of $64 rather then the $70 during its IPO.
So for Digital Ocean on a Friday - I think we will see the same, the market is working thru all this negative news making holding on another IPO - a much easier option.
I would watch these levels to see an opportunity to enter into
DOCN once it settles and finds its base in the next week or so.
Like Roblox which broke down and is finding a lower pirce of $64 rather then the $70 during its IPO.
So for Digital Ocean on a Friday - I think we will see the same, the market is working thru all this negative news making holding on another IPO - a much easier option.
I would watch these levels to see an opportunity to enter into
DOCN once it settles and finds its base in the next week or so.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.