Docs H&SDocs is a good longer term play but forming H&S. I think it can go to $80 and past in the next few days, but downside to $66 is far more likely in my opinion. Look for the neckline to be broken
DOCS trade ideas
DOCS channel breakoutDescending channel breakout,
Adding alerts for a swing above 77 with 100 target
DOCS ready for some upside movement?DOCS recently found IPO support on the line but has again failed to move much after. VPVR is showing a heavy POC line right where it got rejected last week, forming a nice bullish ascending triangle. I am confident DOCS will show a strong ER and it will finally break over the POC and start to rally again.
DOCS IPO Pump CorrectionDOCS has been following a typical IPO pump the past few weeks. It's starting to finally show signs of weakness and the 100 area is a key zone.
Two shooting star candlestick patterns have been plotted, and today's candle confirms it. Expect DOCS to revisit the 9EMA at the 90s price level at the very minimum
Stocks - DOCS Distribution until Aug 23Idea for DOCS:
- Exhaustion.
- Expecting a gap fill.
- Distribution until Aug 23.
Long 75P Sept 17 7.90 debit
Likely 3.26 R/R in 6 days TF
GLHF
- DPT
$DOCS is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Doximity is a medical-networking platform that allows doctors, nurses and other medical professionals to socialize, conduct telehealth visits, send secure patient-related messages and digital faxes, look for jobs, read medical news and more.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $42.63;
stop-loss — $38.80;
take-profit — $54.12/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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