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KozakHlib
Mar 31, 2020 7:55 PM

$DOCU can rise in the next days Long

DocuSign, Inc.NASDAQ

Description

Contextual immersion trading strategy idea.

DocuSign has a strong upward trend.

This and other conditions can cause a rise in the share price in the next days.

I saw it again and opened a long position from $90,22;

Information about take-profits and stop-loss will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade active

stop set at $87,92

Comment

The company provides cloud-based software.

Dut to the spread of COVID-19, the demand for their services rose.

Trade closed: stop reached

Comments
peterrios
How do you determine take profit?
KozakHlib
@peterrios, I set a new stop order at the low of new day usually. Also, I can see the activity of sellers on the chart with the corresponding situation in time&sales. And close position manually.
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