Red_Ben

Buying The Drop on DBX - Bullish Divergence, Multiple Indicators

Long
NASDAQ:DBX   Dropbox, Inc.
DBX is showing bullish divergence on the daily chart on multiple indicators. I have the Twiggs money Flow (TMF) and RSI above, and Stochastics below the daily chart. You can also find bullish divergence on the hourly chart with the extended hours. It's respecting fib retracements nicely. An entry anywhere around 32 gives great odds regardless if DBX goes sideways or bullish next. Otherwise, try the breakout ;)

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