DOCS showing strong price and volume action following the August breakout attempt and recovery. In the short term, as long as price holds above the 21 EMA, I see good odds for a push above the August breakout highs.
Both weekly and daily charts display an impulsive structure, suggesting potential for higher targets in the coming weeks and months. But for successful follow-through with macro potential, I’d prefer a breakout and close above the 68-71 resistance zone; otherwise, there’s risk of a deeper pullback to macro support before a sustained advance.
Chart: tradingview.com/x/HNJMm6A4/
