0XNH trade ideas
DOCU - Beginning of Corrective WaveDOCU has been on an incredible run for some time, I believe the pullback we see in price recently is the beginning of a light corrective wave to the massive run-up we've seen in price.
Price point of Invalidation: $203.50-$205.00
Price Target: $158.50 - $160 per share
DOCUSIGN Parabolic SurgeDoucsign has gone completely parabolic since the pandemic started with professionals working more from home. We're looking for the first sign of a top to take a short position on this one. The trend is your friend, so we're waiting for a reversal confirmation as it may still have room to run.
First Target:
$165-$170 range
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Double Up On $DOCU | Buying Shares Docu Up $147% Since March Earnings Report
Back in April, we tried to play Docu with $105 calls but sadly didn't pay for the time. If we would've thrown 3 months of time, each contract would be $8,000 each at the least ($80 in the money).
Our Play (Rating 9/10)
-Doubling up on our portfolio, adding 10 shares
- Options Play: $18 7/10 Call @ $390 per contract
Do not trade this, not financial advice
DotcomJack
Docusign Momentum AnalysisI love Docusign as a long term investment but right it is up over 134% in a little over two months!!!
Everything is screaming to short IF it breaks that lower trendline. I put one in anyway for shits and giggles.
Look to go long around $70.00 otherwise I think it is overpriced.
$DOCU:NYSE - DOCUSIGN INC - Electronic document signaturesDocusign has been having a reasonably good run in the current environment. Up a bit over 100% since the end of last year it could be worth a watch.
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage.
Triangle Pattern Bullish, $145 Target for DOCUFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, today I was recently bullish on Docusign and am also seeing it ranked highly by many analyst. Many people are expecting a 65 to 73%+ revenue increase by the end of the year. All the signs show strong buy signals and an expectancy to surge quite soon.