I had a line drawn from the pre-covid high of DOCU which was reached on Feb 19. I have kept it as a small grey line because I didn't see DOCU testing it in the near future.
Interestingly, the line now sits exactly at the 200 MA. DOCU has previously tested the 200 MA during the March crash. There is room to drop to the 160-170 range.
I do feel the stock has some gas left at least until end of the year. But it could test that grey line closer to Jan/Feb I think.
Watching closely.
Interestingly, the line now sits exactly at the 200 MA. DOCU has previously tested the 200 MA during the March crash. There is room to drop to the 160-170 range.
I do feel the stock has some gas left at least until end of the year. But it could test that grey line closer to Jan/Feb I think.
Watching closely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.