DOCU trade ideas
$DOCU - Bearish Daily candle formed at Right shoulder of H&S $DOCU forming left shoulder of huge Head & Shoulder pattern with bearish candle formed at top of right shoulder and required a bearish candle for confirmation.
Awkward monthly candle & Oversold indicators and with the bearish pattern it isn't a investable stock anymore!
Good Luck.
$DOCU - Is this the End of DocuSign Rally? Huge H&S -Target $153$DOCU forming left shoulder of huge Head & Shoulder pattern where confirmation is required.
Awkward monthly candle & Oversold indicators and with the bearish pattern it isn't a investable stock anymore!
In 15 mins timeframe, forming H&S.
Good Luck.
$DOCU DocuSign Recovery Rally Continues
Potential targets for Friday if the market can sustain the recent recovery rally.
Now 20% of its lows there is still huge upside potential.
Very low price resistance above and the move in TWLO afterhours may help the entire sector.
The $230 pivot point is a key level to cross.
Targets as per chart
ABC BullishNo Rising Wedges noted. R overhead
The gap overhead may be a slow down but if it gets through the gap, i am hoping it is home free. But keep an eye on that gap overhead. To be conservative, long entry could be after DOCU passes through gap at 238.5ish
Triple bottom noted but not at the very bottom (o:
Momentum stock that can move a lot in either direction in a trading day
I buy it on pull backs
NV is high and short interest is low.
Probablu pill back very soon by looking at monthly candle. Short interest low but increased 20% today
Probably depends on how the market does in the next few days. If it goes bad, this one will be one that pulls back most likely
There is no way to know for sure
Go with your gut
Not a recommendation
DOCU pitchfork pattern analysisThe price will likely go up towards the point where 2 pitchfork lines intersect (see the blue arrow--there are two possibilities).
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ABC BullishBeware of gap overhead. Strong R may be encountered there
I will make that my first target then see how it is going when I get to gap. If it makes it past gap, will be easier but will encounter R at different levels on the way, the gap and the prior high would be the toughest R I would think
NV is high. Short interest is low
Bollinger bands have expanded so I am just watching this. Expansion can mean volatility on the way. Possible move closer to entry level. 20MA is flat so hard to say which way the volatility will go. 5 MA is tilting up Monthly candle indicates possible pull back
I do not own this and I do not recommend it.
Go with your gut!
$DOCU DocuSign Bullish Targets
DOCU day trade opportunity
Strong session on Monday as growth stocks caught a bid
after 3 weeks of selling.
Indicators are attempting to reverse.
DOCU now has some horizontal price resistance and Moving
averages to crossover before sentiment can switch to bullish
once again.
The 20ma at $214 is the main target so as to change momentum.