DBX trade ideas
big resistance area DBX longs be very careful here. if you want to long shares i think you have to be patient and wait for the dip entry around 16-18 level. after that you can enter with a tight stop and target 24! leave a like/follow if you enjoy my ideas <3
Dropbox - breakout or breakdown? - put it on your watchlistLooks like Dropbox has not been able to power through this next resistance level (red dotted line)
The breakout is steep, but it looks like it could fall back just as hard.
If you missed the initial breakout now is not a good time to enter, better wait and see where she goes next. We already secured our profits.
If this breaks the red dotted line we will get more fireworks, worth keeping on the watchlist.
Dropbox, Mostly fundemental analysis, but looking good technicalDropbox is one of the older data stocks, but recently launched on the NYSE. Since then, it has not been performing that well. A Philosphy that i have, is that people have alot of cash, that could be used, if it was not for the covid. This is the same for companies. I could see dropbox, being brought by a bigger player, taking their free cash flow in consideration for example.
Bullish on DBXI think DBX will have a nice bull run to $30-$31 until it cools off and hovers in between $26-$29. This stock is one of my favorite fundamentals, I see it undervalued compared to its peers and definetly compared to the whole market. *THIS IS JUST MY OPINION*
DBX Elliott Wave Analysis 1/19/21 Correction Breakdown WXYThis is the Wave (4) corrective pattern, a combination of two Expanded Flats, Double Three WXY
From here I'm pretty confident it is goin up, but could be up in three waves for an X then side movement for another Flat Z
OR up in five waves for wave 1 of (5)
I believe this to be the end of correction so second scenario is most likely.
Dropbox has a decision to make. I believe the bottom is in and ready to make a move higher.
This will be invalid if it breaks below support @ 21.85
Not so good technically in the near term. PT $19.5Objective fib. retracement 0.236 ($19.5-$19.8 aprox).
Hope I'm wrong.
Not a financial advice.
DROPBOX Broke its resistance 🚀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.
DBXThe security corrected from the very beginning of its IPO, and formed a reverse H&S at the bottom, broke through the neck level and went into retest. Trade with a target and a stop, in the short term. The stop should be set at 19.59, the target is the first 32.14, after which half of the position should be fixed, the second target is 34.33, after which the position should be completely closed.
dbx trendit seems that dbx couldn't break the trend line and it maybe range the price there and it might rice go down to support line, but we'll see.
it is just my idea
it's not a signal to buy or sell
so do your best
thank you
Dropbox (DBX) DO NOT IGNORE THIS UNDERDOGI 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 this garbage post.
It has everything going for it. The only thing its missing is a crypto storage feature, imagine what would that do to the stock price? LOL
$60 on it. Dont care what the chart will do but we will get there.
DBX Elliott Wave Analysis 1/5/21Support levels converge
78.6% of Wave ①
4H MA 55
1.618 Fib Channel
I believe this to be its lowest point, it might move sideways along 1.618 Fibonacci channel support level and 100% of Wave ① ($24.13) resistance
Target remains the same, around $33 to complete Wave ③, earnings on Feb 18 could be the catalyst. After that expecting corrective Wave ④
DBX Elliott Wave Analysis 12/29/20 Updated Wave CountCorrected wave count from previous posted chart, target remains the same.
$DBX - golden cross$DBX golden cross coming soon. It is a pattern I enjoy playing. No chart pattern or chart indicator is a guarantee.
Golden crosses on the horizon (within 1-35 days)
AA - I want in, but afraid
BAC
BOX
CARS
DBX
GE - Im in
HAS - Im in
LYFT
MLHR
MMM - Im in
NTAP
NTR - Im in
URG
WB
NNDM - Im in
ADS
BA
C
CONN
COTY
CRON
CSCO
EBIX
GNUS
JWN
M
MIXT
MO
NCLH
PSEC
SPG
UAL
WTFC
SPYD
EEFT
FNB
BNS
Recently golden crossed and no where near entry or entry is still good to play the golden cross
OLN
RVLV
AXP
IMMR - Im in
DFS
EXPE
F - Im in
FBC
FCEL - Im in
IDEX
JPM
MET
MOS
STT - Im in
ULTA
WEX
Personal plays and cashed out today on golden cross:
IDEX +50%
MET +27%
ULTA +18%
DBX Positive trendTrendline 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.
👀🚨SUNDAY WATCHLIST 12/27/20🚨👀DBX - This one was recently on our watchlist but definitely gonna keep watching. We got our break of resistance at the 24 area and are currently consolidating right above. Holding above 24 would confirm this as support and will look to enter near this level to play potential upside in this current up trending channel.
