NASDAQ:DOCU Trigger: $48.60 after a pullback. Stay away if it gaps up.
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Wedge and base formation. Starting to break the cloud, I'd look for some pullback and more consolidation along the conversion line (red Line) before entering. Blue rectangles represent area of overhead supply/resistance to break thru. Try for an entry around $43.25 since price should tighten up a bit. Nice vol spike on Jan 10th.
in its short life span so far DOCU has recently seen a pullback. looks like a healthy correction. with the bool cross on the macd will not be surprised to see this continue upwards with momentum to previous poc. $50 target st. will look for entry if it breaks below $40
Double bottom and break above the downtrend line could take this to 48, then 52, then final target 60 for earnings gap fill. Notice how RSI has been relatively stable around 40 during the downtrend and showing divergence. A bunch of bullish signs points to this one moving higher.
Good looking chart for $DOCU. The previous strong resistance needs to break to continue this powerful breakout.
Has a volatile profile since it's an IPO but fundamentals are strong, chart is strong, looks good to me.