If successful, the next targets are $18.80 and $21.30.
Is Dropbox ever going back to $25+? It's been quite disappointing to watch, expect record minimums in the coming days.
This stock has suffered over the past 12 months, but made a nice recovery after a less than stellar e/r. Looking like a standard C&H. Break over the neckline and we may see a breakout, backtest, jump.
Lower low, interesting RSI, and great potential reward for a correction wave. 20.5$ could be a resistance, if reached pay your stop, let 50% to reach 22.5$ TP2. Long 17$ TP1 20.5$ TP2 22.5$
Dropbox (DBX) has been on an upward trend on the 4 hour EMA. Showing good signs to continue on an upward trend for an easy 5% return in the next couple days. RSI is showing signs of a good buy with a highly reputable company.
$DBX price has been cut in half since it's ATH around $40 last year to date. It appears that the downward fractal has ended, so I expect for it to go sideways throughout summer. $DBX may need to go below the $20 support line before it can end this sideways trend. Going to keep my eye on it this summer and re-evaluate a good entry point in a couple months. It would...
01/02 possible option play (wait to buy at trending resistance) 01/18 DBX $17.50 PUT dip buy at resistance (0.15) IV 69.23% VOLUME 0 OPEN INTEREST 1 current price $20.82 I starting watching this on Jan 2nd, i think it's time to get in. I don't like the bullish candle from Friday though. Robinhood has this as a 0.05 increment option play, quite cheap for an...
Pin candle at previous support
My thoughts: wait for retest, it should after neckline
Currently I'm in July $33 and August $32 calls just waiting patiently through the whipsaw. But technically speaking it looks like DBX needs to clear the 33.23 area in order to really gain some momentum to the upside. The candle on July 11, 2018 could quite possibly be a morning star reversal if DBX can break out of its triangle. Line in the sand is obviously...
DBS Slight Bearish, some signs of bull but it shall go lower first. $25 seem to get a good support to build. If you want to time properly, I will suggest you wait for the time being as the flushing is not done yet. I expect bank stocks are to go alot higher in the future such as 1 years or more horizon. Press "like" and Follow. Sonic Disclaimer: The...
My TP: Buy when DBX dropped around 20MA, seems likely. Limit buy.