Docusign #DOCU has been on a parallel channel since July 2020 and we believe can now offer some upside opportunities at least in the short run.
The price is breaking the descending trend-line
The MACD is signalling a potential crossover to the upside
The RSI is low and recently moved from oversold territory
Buy price USD 197.33
1st Target USD 217.00
2nd Target USD 240.00
Stop Loss USD 184.00
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Disclaimer
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.