Hey everyone! 👋 This month, in preparation for the new year, we have been theming our posts around the concept of building a solid trading plan. Our first post asked you to think about the kinds of factors that can predict long term success. Our second post looked at why trading plans are so important. Both of these posts you can find linked at the end 👇 Having...
Still going sideways on support & resistance zone. Need a confirmation of uptrend. Stock is not that cheap.
- I have extrapolated the 26 EMA on the daily as this has proven to be a great support and now resistance level. Breaking above this level would be a super bullish movement. - the Fib golden pocket support level has been touched - the 1 year RSI is touching the 30% level. - Potentially a nice looking bowl but we can't confirm until we see around 2 bounces on...
Digital Ocean now at MA200 support level. Is it time to go up? Follow me for trading ideas!
Digital ocean has hit a crucial support. With a h&s pattern formed in the last two weeks of Feb, it broke the neck-line Yesterday and has since hit its h&s pt of $71.50. - This is also a crucial support level of a channel which was created throughout the first couple if quarters since IPO. - The 6 month RSI has also re-entered its buy zone below 30% - MACD...
docn bottom is near! but theres still a few outcomes here. If it respects its history, We will see a bounce here and continue higher. but a possible outcome is a dip into previous trend channel, then breakout once it bounces off that. Like the title says, both are good setups for longs, we just have to play it right. Thats the hard part of course ! 🤑 like and...
Dec 17 105 P Initiated puts on this pig, way overpriced at this point.
DOCN is a name I want to buy not short but anyhow its hit my fib target and there's plenty of bearish divergence. This gap and also if price rejects off this MA is a good sign its topped also. Back to $60 at least, could be more. Not advice.
I hold this long term and would like to add to my investment accounts. Here is a zone I am watching. May see a bounce right away at the 9ema as there is a lot of enthusiasm in the name.
Thhis is a stroong buy at 62 and under tons of dd went into this but oddy me too lazy to share with u fuks
DOCN looks like its so strong that it will meet the 1.618 fib extension at $80
Looks like $DOCN is breaking out of a bull flag formation. You can see my entry and stop on the chart. Stop is very tight since break-outs have not been working well for most of 2021. Volume is up just under 150% of 50 day average. Ideas, not investing / trading advice.
DOCN looks like it could be a really winner in time, but right here it is a dangerous recently added stock. It is showing bearish divergence on D RSI and looks to be forming a head and shoulders or some kind of breakdown pattern. RSI currently testing the centre point so good chance a downtrend is coming. First I will be looking to see how impulsive the down...
Possible move up the Arc to $63 chart target. NYSE:DOCN
Usually, when a stock breaks out before earnings, it has a high probability of rising massively during the ER calls. Let's put that notion to test.
Citron following swing trading strategy idea The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from $52,60; take-profit — $57,43/MOC; stop-loss — $50,98. Do not view this idea as a recommendation for trading or investing. It is...
Quick trade on NYSE:DOCN rising wedge forming. Possible breakout to the downside, so I'm taking profit at 58.80 and set a stop loss as per chart, unless we get breakout to the upside. Disclaimer: The information is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.