vortexTradingSolutions

DOCN following a set pattern

NYSE:DOCN   DigitalOcean Holdings, Inc.
Digital OCean has been on a bearish trend since Nov 21

Doing an simulation on the movement it seems the only way it can show some reversal signs is when it breaks the 43 strong resistance


If it does go that way it means it will be confirmation of 2 year running bear pattern and it can quickly fill gaps upside

Entry @ 45
SL @ 40

TP : ride the bullish reversal
Comment:
The bear trend has been broken and our entry point has been reached .

Entry @ 45
SL @ 40
TP1 51
TP2 61
Tp3 74
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.