This structure is actually very similar to what we are seeing on the TOTAL2 crypto market cap chart. A reversal structure in the form of an inverted head and shoulders pattern Very nice
Doximity, Inc. (DOCS) expects revenue between $88.6 million and $89.6 million for the next Q vs $96.8 million expected. analyst Sandy Draper: “We see it as a buying opportunity for investors." “We are lowering our PT to $52 from $70 to reflect a lower multiple as growth stocks continue to see multiple compression.” The P/E ratio is decent, 56.01. I expect a...
Doximity ( NYSE:DOCS ). The algos may have this one set to fall for a while, unfortunately. Fairly new to the market, it made a new low in January 2022 and may need more time to find the actual bottom. The support and resistance lines/angles all indicate a falling wedge down to $10. The thick white lines on the chart show major support/resistance areas while...
Risky Entry here look for entry around $69-70 Rejecting Ascending Triangle will need to hold above $69 to resume bullish SL:$72 TP 1 $68 TP 2 $65 TP 3 $60 TP 4 Open
Descending channel breakout, Adding alerts for a swing above 77 with 100 target
DOCS has been following a typical IPO pump the past few weeks. It's starting to finally show signs of weakness and the 100 area is a key zone. Two shooting star candlestick patterns have been plotted, and today's candle confirms it. Expect DOCS to revisit the 9EMA at the 90s price level at the very minimum
Idea for DOCS: - Exhaustion. - Expecting a gap fill. - Distribution until Aug 23. Long 75P Sept 17 7.90 debit Likely 3.26 R/R in 6 days TF GLHF - DPT