DOCUD trade ideas
Love it!Held its support, once its start closing above 200MA, it can be bought in.
DocuSign, ZM are not just covid era stocks, these are here to stay for a very very long time.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice, You trade at your own risk. Good Luck!
DocuGot a close below the potential bull flag. Probably would have been amazing if we stayed in bull market but unfortuently due to selling it was pushed down and rejected oh re test if 219.66. It’s a rising support line so every retest feels like it’s getting bullish but in reality it’s getting rejected every time it runs back up.
That being said I have 2 down side tatted to watch for. 170 is breakdown of head and shoulders pattern. .5 fib is 177$ Support. And if it’s a rising channel 161$ is the level
DoCUIf this thing can find support at 2.75 area. The manage to get above 288 area we got a mean target of 433. I’m looking to play breakout or load some areas if it reaches 249 I might nibble a bit. I like the movement on this thing, although had ran quite a bit last year it could still have juice in the tank. Mostly I would play the breakout trade
$DOCU Ready to Test its ATHsStrong close on Friday that broke down trend line going back to Sept 2020 (Blue line) and horizontal resistance (Red line). Docusign looks ready to test its all time high around $290.
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