drewby4321

DOCU too extended to Buy, but look at that strength

drewby4321 Updated   
NASDAQ:DOCU   DocuSign, Inc.
DOCU has been outperforming Nasdaq Composite since January on the Daily view and since September on the Weekly view. It has stayed 30-40% above it's 50d SMA since a May 6 buy point. If it suddenly goes 2% below the 10d SMA, then I'd consider taking some profits. Otherwise, it would be better to go sideways for awhile and let the 50d line catch back up.
Comment:
Creating a nice base now. Ready for more growth?

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