I think the price is going toward the long term downtrend line. See then what happens.
Docusign is looking to trap a lot of people if I am triggered in. I am still long on the company, considering their financials.
Revenue +37% YoY Subscription Rev +36% YoY Customers +27% YoY Q2 Rev Guidance +31% YoY
Expectation were high and despite a beat on earnings the stock suffered a $21 drop afterhours, which has been in keeping with the plight of others like CLDR and NTNX. The reason for the drop was described by Wedbush Analyst Daniel Ives as “Bulls were hoping for a beat-and-raise quarter and instead you got in-line numbers with some soft spots around the...
1) Broke new highs with less momentum. Stock price fell. 2) Did not break resistance with less momentum. TBD... What do you think?
If there is a breakout above the upper handle line, I intend to execute a long synthetic. My price target is the top of the potential cup, around the 67.50 level.
Symbol DOCU setup flag Upcoming Earnings Jun 06, 2019 (EST) Horizontal S&R: yes $54 Channel S&R: no >20 & 50MA S&R: yes chopped around 50ma >200MA: yes clear up trend Volume confirmation: no no Candle Confirmation: yes yes. gapped down on earning and finished strong Stoch Divergence: yes turning up after testing buy zone Reg Trendline >85: n/a Short...
Trying to gap over resistance this AM potentially?
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.
NASDAQ:DOCU Trigger: $48.60 after a pullback. Stay away if it gaps up. Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
should be going higher. I'd buy on breakout high of the doji. Just my thoughts.
Watch here, daily doji at old time support, might see a bounce tomorrow. On watch in my opinion: to be on board for longterm, probably company will be bought at some point.
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