DOCU Signals to go Long:
1) 2 breakout confirmation candles out of the wedge formed
2)RSI starting to trend (>50)
3) MACD just crossed
4) News around increase virus cases play in favor of WFH companies
Entry : 215+
Exit : 245
Note: This stock has a tendency to move fast and then consolidate the gaps for a while so plan your exit accordingly. Do like if you agree :) Always an encouragement for someone who's starting out new on trading and reading charts.
1) 2 breakout confirmation candles out of the wedge formed
2)RSI starting to trend (>50)
3) MACD just crossed
4) News around increase virus cases play in favor of WFH companies
Entry : 215+
Exit : 245
Note: This stock has a tendency to move fast and then consolidate the gaps for a while so plan your exit accordingly. Do like if you agree :) Always an encouragement for someone who's starting out new on trading and reading charts.
Note
closed the trade as planned
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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.
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.