My prediction for XELA remains extremely bullish over the next number of years ($40+) but as for the interim, Bears seem to be set up for a little more squeezing. Look at the bright side, there's still time to buy heavily within this bottom zone, FOR CHEAP.
I expect a forthcoming jump towards $4.50.
I expect a denial near $4.50.
I expect true bottom to be found...
Long $DOCU CMP $271.16. Though trading below 50 EMA. I am expecting it to bounce back from $260-270 range to major Fibonacci support level $293. Watching price to reclaim 50 EMA. Fading negative MACD histogram. Possible Target $310
$DOCU successfully broke beyond its 52-weeks high that was established in early September 2020, attaining a new all time high of $293.65 in its latest market session. The past four weeks of price soar in $DOCU (+22.96%) display a classical double bottom technical breakout from $235 since early June this year.
$DOCU shows that it has strong prospects ahead for the...
See sequence attached. May bounce here at 10D DMA or push a little lower towards 213-215 before big bounce to 235. From here I expect it to double top and pull back around 200-205 area before next leg up. GL
DOCU looks to be setting up for a 260 test. The next few days will be key to a confirmation of a breakout or just a bounce. I will add to this writeup when I have more time.
Currently swingin 2/19 245 calls since last week. I am looking to add 2/12 250 calls if we can close over the 20 SMA on the daily chart to swing into next week.
DocuSign has been consolidating within a $40 range since the beginner of August 2020. The stock price has broken above its resistance level of $230 three times since it reached this resistance level. Every time the stock has hit this ceiling it came back down to its support level of $190.
Now that the stock has broken its resistance level for the 4th time and has...
Ouch! Missed a huge opportunity on November 10th at the 187 price level. It is hitting the RSI 70 area around 205 / 208. Could break through. Would hold for now. Would sell if RSI > 75 level. Not a good entry point. Too late.