Looking on the chart in 1D, the leg down appears like an "a", so Docusign still could be in correction mode. But the orange line is the highest Confluence Zone (for 1D), with its typical power to catch corrections from falling down to regular exytensions. (As described in my confluence script) . If you switch to 2h, you see that most of the downswing from 5 is an...
In blue you see the Elliott waves of my "daily degree". (Dont know, which offical EW degree that is; it is just my daily focus of interest.) In white we see the EW on the next higher degree (called "weekly" here). CYBR in the past oftenly retraced with earnings, but usally recocered in a few days. - This can change this time dramatically: As you you see, the last...
Have a look how excemplaric gap lines first work as resistance, then as support, here . The degree of relevance of the gaps are can be seen by the line's cross: It is correlating (on time axis) with the start of a new upswing (vertical line). Splendid, at least for my eyes!