Ticker: $DOCU - Bouncing nicely at trend support (wedged between the support and resistance of previous trend support) - If we can hold support and break higher I am looking for a move to 217 - Needs to take out its trend resistance
Not a good close on Friday for DOCU, volume actually increased as selling supply was high. Strong rejection off the 50ma. Support levels to watch on Monday $196.45 is weekly horizontal support $191.00 is major volume shelf support, below that level and capitulation is on the cards For the optimists the 50ma must be reclaimed.
No Buy yet in DOCU until it can break above the Fixed Range POC (redline) which as acted as strong resistance. Potential long above $216.00 Short term targets $227 - $234 Local support is now quite well defined @ $200
Out of consolidation of typical Flag pattern Invested Disc: sharing only for educational purposes
megaphone-ish broadening, but will consolidate and regather around S2: 174 E: 190 (fib .786 retracement holds) T1: 216 T2: 225 S: 177.81
Should start bouncing back after touching 208
#DOCU nice short at the open using W5T Rollercoaster indicator on TradingView. Framed the chart on a daily channel, marked out the gap (body to body not wick to wick just my preference) dropped it down to a 5 min chart using W5T #BITS indicator to locate trades inside the gap. There were 2 nice trades $25 and $13 possible plays going down and one up.
expecting somthing like zoom today...maybe a 20-30% move if we lucky, if not an additional 10-15% move up
What a move in DOCU today. Had position but earnings coming up and absolute worst option markets, so closed position this AM.
Greetings. DOCU is in a very strong bullish trend. I've analyzed the monthly, bi-weekly, weekly, and daily charts and I assess the bullish trend continues, despite the high deviation from the 21 EMA. I anticipate a price move in tandem with the earnings report on 3 Sep. If price breaks above resistance, I anticipate a $275 price target before 16 Oct, based on the...
I have rode this stock at least 5 times with call spreads but oddly have not posted about it for some reason. Here’s my thesis; 1. I use it to get paperwork signed religiously since COVID-19 hit, and I work for a very large investment firm. 2. Realtors rely heavily on it as well 3. Read 1 and 2 again 4. On Thursday, 9/3 DOCU is expected to report its first...
This thing has gone straight up and has been a beneficiary of the COVID pandemic. DOCU has currently been consolidating after its huge run from about $65.
Docu has been on an absolute parabolic move lately. Will it continue? it is currently forming a bull pennant that if the top breaks, should send this to $262. If the pennant fails, this should drop to the bottom of the pennant and could begin the formation of a bull flag. If that fails, Docu could be heading back to $152 which would be very normal after this...
$DOCU ER (9/4) Current price @216.30 LONG Bullish Above 215 Price Target @221.20 (Resistance on Friday) Ideal Target @228-229 (Resistance, near ATH) Breaking above ATH and we'll push to 239-240. Play Invalid under @214.40 (SL) SHORT On the downside, break and holding under 214.60 and we'll pull back to 206.69-208.10