$DBX is currently morphing out a Bullish Flag pattern, after initiating a breakout of its $25 year long price resistance. The total cumulative gain attained for this 5 days flag formation stance at +14.33%, with $DBX currently trading at its 52 weeks high at $28.07. With implied volatility of $DBX having picked up since December 2020, and currently trading at...
I don't want this to take up too much capital so I'm long a few calls throughout Q1 and Q2
$DBX has been ranging in a cup and handle like pattern since late 2018. It looks ripe to break out if it can clear and hold the $27 area. I am slowly legging into long term calls at the $30 strike.
NASDAQ:DBX (Dropbox: DBX) - Trend Analysis - 📑Value: 12/20 📈Growth: 14/20 💰Profitability: 14/20 🚀Momentum: 10/20 💸Earnings: 20/20 🖇️Total Score: 70/100
Lovely head and shoulders formation on DBX on a monthly timeframe. Here's my trade plan Entry: 25 Stop Loss: 21.50 (below January low) Target: 42.50 Rewards: 73% Risk: 12%
DBX refused to go higher up to $25.70. We are going lower, but it will be a good opportunity to open LONG positions. The market is still BULLISH. ENTRY LEVELS LONG: $23.61 $22.74 $21.79
DBX close to breaking out this yearly down trend resistance line (yellow). With ER approaching I can see a push to 30 this week if we some significant volume on the breakout. Small c&h to complete the right shoulder for inverse H&S pattern screams bullish to me. Key Levels: Support: 23.79, 21.67, 20.68 Resistance: 25.16, 26.37, 27.39, 28.77 Options to...
Heavy in the flows means an increase in volume. A break above 23.86 will send DBX to the next leg up.
DBX Long above $23.0 TGT-1 25 TGT-2 28 SL: 21.50
Dropbox is still a thing, their chart is doing some nice things here. Still looks like a bullish buy opportunity to me, its entered into a new channel.
I have no time to write up an angry rant but DO NOT miss the mega move thats coming for this one. It is an underdog just like Upwork was prior to recent move. Its the same looking chart. Moon is coming. This dog is absolutely UNDERFUCKINGVALUED and under appreciated like your spouse or significant other that you are not paying attention to because you are reading...
Trendline confirmed since Covid-19. I think DBX shows great signs of growth whilst the ongoing fear of covid still exists. Pleanty of room to grow.