Get started
DOCUSIGN INCDOCUSIGN INCDOCUSIGN INC

DOCUSIGN INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

DOCU trade ideas

Could DocuSign Finally Be Done w/ Its Months Long ConsolidationDocuSign has been consolidating within a $40 range since the beginner of August 2020. The stock price has broken above its resistance level of $230 three times since it reached this resistance level. Every time the stock has hit this ceiling it came back down to its support level of $190. Now that the stock has broken its resistance level for the 4th time and has closed about it, could this be the end of the consolidation phase? Could the stock now be looking to start moving higher again? If on Monday's session we can hold the line and close above resistance again, we may go to $252 and then possibly on to $270. And the old resistance will become our new support.
NASDAQ:DOCU
by TickerTimeNews
DOCU earnings 12/3 at 4:05pmDocuSign provides e-signature solutions. I think this is a great product, but seeing what happened with Zoom downward price action, after hours yesterday earnings, it seems like the sentiment for these "stay at home" stocks is weakening. As today & tomorrow price action pans out, if the price goes up, it may not be indicative of the price action after DOCU earnings on Wednesday at 4:05pm and more of just sheer volume leading up to earnings. Q3 Consensus eps is $0.14 with a revenue of $360.38 Million. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue & Earnings Debt / Cash Book value, assets 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum www.tradingview.com www.tradingview.com
NASDAQ:DOCUShort
by Options360
3
Can DocuSign continue growth in a post-pandemic economy?DOCU dropped 36% from all-time highs after it's last earnings release and has been trading between a 190 support level and 246 resistance level with most of the volume splitting the two at around 216. Earnings has consistently beat expectations and is in the triple-digit growth YoY. Sales growth has been above 34% for the last eight quarters and 45% for the most recent report. The question investors had after the last earnings is can DocuSign continue to grow or will the trend end with the pandemic. The stock is grouped with other tech growth stocks like Zoom Video and Fastly which have been tagged as benefiting from the pandemic economy. When a viable vaccine was announced in the morning of 11/9, many of those stocks sold off in a massive rotation to Industrials, Travel and Energy stocks. However, the products and the business models for many of the "COVID stocks" are quite different. Will Zoom Video see its subscriber base go away after people can return to offices? Will social media and online content viewership decline, impacting Fastly's growth (more TikTok surprises)? And will a company like DocuSign continue to see growth after the pandemic is no longer an issue? The digitization of contracts and esignatures are secular trends that were underway long before the pandemic hit. The pandemic has accelerated the adoption, but its unlikely that companies will go back to paper based methods after making a conversion to digital. So my view is that DocuSign would continue to see high customer retention that's been a strength of their business even before the pandemic. The other strength that DocuSign has is upselling their full product suite to existing customers. You can imagine that many of the customer adds during the pandemic were to solve an immediate problem. Customers came for electronic signatures so they could continue to do business while lockdowns were in place. Now as DocuSign retains those customers, it also has the opportunity to put their upsell muscle to work. It's always a gamble heading into earnings which is nine days away, but I'd consider a small position or an option if this could clear the current pivot high at 226.39 in the next 1.5 days of trading. Current 10d ATR (x2.7) stop is at 9.79%. Position size of R10.22 but would start with a smaller R due to earnings. And/or sell before earnings. Buy Point: 226.39 Stop Loss: 204.23 (9.79%) Position Size: R10.22
NASDAQ:DOCU
by drewby4321
4
200 MA at interesting spot nowI had a line drawn from the pre-covid high of DOCU which was reached on Feb 19. I have kept it as a small grey line because I didn't see DOCU testing it in the near future. Interestingly, the line now sits exactly at the 200 MA. DOCU has previously tested the 200 MA during the March crash. There is room to drop to the 160-170 range. I do feel the stock has some gas left at least until end of the year. But it could test that grey line closer to Jan/Feb I think. Watching closely.
NASDAQ:DOCULong
by Karam08