Rookie398476049358670

DBX: buy at the bottom or breakout of the box

NASDAQ:DBX   Dropbox, Inc.
Dropbox is a great company that's under its value at the moment. Last two days we saw a great recover, and the stock has reached its previous breakdown point. A break above the level would signal a bear trap, and a breakdown will likely mean new accumulation phase at a lower market level. A solid trade here is to buy at the bottom of the white box, place stop loss below, and trade towards recent value at near 27.
Comment:
DBX to gap up tomorrow. This could be huge.
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