Dropbox, Inc.Long
Dropbox is in the buy zone
It is touching its 55 EMA on a daily candle timeframe.
It is at a point that served as resistance on February 8 and which subsequently functioned as support on 2 occasions, so it could be considered a strong reaction zone.
It has been in an uptrend since November 2 of last year, a continuation could serve to send prices to new all-time highs.
The money flow indicator double bottomed between April 21 and 29 and then began to rise (a situation that is not yet reflected in the price).
DBX
It is at a point that served as resistance on February 8 and which subsequently functioned as support on 2 occasions, so it could be considered a strong reaction zone.
It has been in an uptrend since November 2 of last year, a continuation could serve to send prices to new all-time highs.
The money flow indicator double bottomed between April 21 and 29 and then began to rise (a situation that is not yet reflected in the price).
DBX
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