I don't see why this channel wouldn't hold through next earnings!
Buyers have broken upper trend line to make a bullish pennant pattern which is backed by volume
Earnings Details DocuSign (NASDAQ:DOCU) slides 4.3% after hours following the upside Q3 report with a Q4 forecast that sees revenue above consensus at $263-267M. For FY, DOCU sees revenue of $962-966M. Q3 billings were up 36% Y/Y to $269.4M, beating the consensus by $1M. Subscription revenue was up 41% to $238M, and professional services increased 28% to...
BREAKOUT AFTER BACK UP ACTION SUGGEST COMPLETION OF ACCUMULATION AND FURTHER ADVANCE Wyckoff Story Long-term price structure of higher highs and higher lows suggest accumulation Breakout in Phase D confirms accumulation Absorption bar #1 and #2 has supply followed by successful tests Absorption bar #2 has less supply than Absorption bar #1 and it happened at...
The 60-day EMA has crossed above the 180-day EMA during an uptrend, which tends to be a very bullish indicator . The MACD also looks bullish but is signaling a potential stall to the rally or a partial pullback in the near-term. This has been confirmed by the start of Friday's trading. Volume has been picking up, and mostly on the buy-side. Previous...
Looks like a nice flag (more of a pennant) pattern on $DOCU. I'm looking for this to breakout to the upside. Also notice the declining volume so higher volume up or down is going to drive this one. I'm bullish but it can go either way... patience will pay-off here, no need to rush... Ideas, not investing advice.
Entry level $67 = Target price $80 = Stop loss $64 Bullish setup with all Moving averages in bullish formation and signalling a buy on golden cross. Stock has remained strong while others have fallen on market weakness. Bullish flag pattern developed. Average analysts price target $69 | Buy Short interest 9.44% could help ignite rally Company profile...
DOCU See linked previous post on DOCU. Just a great buy IMO, especially where I was able to pick some up. What an ER move, geez. Target on chart just over $80. Took some losses here and there, but my trading style says losses are ok and happen, just keep them as small as possible, and cut losses as soon as the trade idea is negated, to hell with HODL'ing to try...
Price target on any rally should be in the $50-$54 region, NASDAQ:DOCU has much to prove in today's earnings report after somewhat of a lackluster 2019. If indeed earnings are well received, a short squeeze could ensue. AVERAGE ANALYSTS PRICE TARGET $60 AVERAGE ANALYSTS RECOMMENDATION Overweight P/E RATIO SHORT INTEREST 10% COMPANY PROFILE...
NASDAQ:DOCU DocuSign entered my first area marked as a "Buy Zone", and where I had set a limit order. I now own some shares at 44.01, and have set my next limit buy in my second Buy Zone at 36.31. Depending on price action, I will either wait to buy there or add more in this area. Between 40 and 37 is my "No Man's Land" where I would be in limbo. This is a buy...
I initially thought this was a descending triangle pattern and considered a short. But after the earnings on 6/6/19, the initial move was downward was unable to hold and the stock moved back over my $50 support line. Because the stock did not continue to break down, I believe this is only a consolidation and the stock is waiting for a catalyst to bring it higher...