DoorDash ( NASDAQ:DASH ) stands tall as a beacon of innovation and resilience. Despite the challenges posed by elusive profitability, DoorDash ( NASDAQ:DASH ) has continued to surge ahead, gaining customers, expanding its offerings, and solidifying its position as the undisputed leader in the market. Dominance and Moat: DoorDash's ( NASDAQ:DASH ) dominance in the...
DoorDash has formed a double bottom along the current downtrend This is comparable to a previous double bottom seen, which correlates well with indicator used A bullish move was the result Lets see if it follows the same pattern
DASH bounced from the fair value of its IPO. DoorDash priced its IPO at $102 a share, after an already increased price of $90/share. But the IPO's bankers sold the offering at $182 a share. This year the fair values was reached, 91 usd per share. Q4 sales rose 34% from last year to $1.3 billion, active customer base of around 25 million, 2.5 times higher than...
The big rally on DOORDASH INC seems to be ended by a high of $220. Look at the bearish divergence on RSI. We can go lower to $195 or $188. If we break the actual uptrend, then we can go even lower. But for LONG positions is a good idea to buy around $195 with SL under $180.
Bearish trend looking to place a stop loss on the option on the weekly for 160. Target is 146$. This company has no business being this overvalued in this IPO moneygrab market.
This is my analysis on DoorDash (DASH), written prior to the IPO. Most of the information below is available from the S1 that the company filed to the SEC. This is not investment advice. This was written for educational purposes only. You are responsible for your investments and trades. Invest at your own risk. About DoorDash - DoorDash (DASH) is America’s #1...
Many people don't know anything about this but this company which is a ghost kitchen. On the forefront of the door to door for delivery. Many restaurants have went or are going out of business. Check out this video I found on YouTube that better explains it. If you look at the chart, CORG recent found a bottom. Resistance at $0.239 I personally invested in...