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syeikhhafiz
Oct 8, 2020 1:31 AM

DBX Long

Dropbox, Inc.NASDAQ

Description

Based on my analysis:

1. DBX formed falling wedge (5 August>7 October- 64days).
2. Stochastic shows bullish bias.
3. MA 50 & 200 indicate DBX in downtrend except MA20.
4. My target to TP (1) 21 USD, (2) 21.50 USD & (3) 22.20 USD.



Syeikh Hafiz
Stock Market Analyst
Comments
Nick6159
I have a similar analysis. Looking for it to hit around 22.55 then I may short it.
invest_in_self
Except that Dropbox is not a company I believe in that much. Who knows. It could be an underdog
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