Showing some good price action and support from DOCU... Its also approaching end of the GANN Box (not shown here). I attempted to declutter the images a bit so as not to create confusion. DOCU has a chance to pull back some but not a lot IMO. The upside action and indicators are ready its just a matter of time. This top is just the intermediate top. With additional action we may go higher than this. Ill wait to see what develops before I signal higher.
Trade active:
Entered my long trade at 53.28
Comment:
Possible price reversal to 50.65. If so- good opportunity to re-enter or accumulate. From here we consol and go up. I recognize my initial entry was above this, but this is only my initial entry.. I like to trap the price above and below. This is due to my trade style. This retrace is only 5% and should price go lower its no huge loss on my end..
Trade active:
This hasnt been the liveliest stock in terms of price movement, but still within the orange range box for a rise. Lets see what this week can do.
Trade active:
DOCU has a long history of support at 47.60 to 46.70 going back to 2022. Looking for consolidation or a popup from these lower prices its set.
Comment:
As of today DOCU just passed the GANN box threshold and so we should see price swinging strongly as noted. So far its been a strong green day- lets see how this plays out.
Trade active:
Getting good price action on DOCU. The price should continue upward with intermediate pullbacks.
Comment:
DOCU has pulled back some, but its in an ideal position for a rally. The Gann scale on this chart is 27 days and we are only 6 days in on the rally candle right now. So by the end of Sept we should start to see some action. Trade is still open, but it is going to take some time for this to fully materialize.
Moorsc0de aka Crypt0nomics aka Zaphkiel