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DOCU , a documents technology company
DocuSign, Inc.
DOCU , a documents technology company
By AwesomeAvani
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Follow
Updated
Feb 15
3
Cheer
Cheer
Feb 11
is shown on a 4H chart here. It have added supply and demand zones showing resistance and
support. Price rose before and during earnings topped and fell in a shallow retracment and then
reversed again topping and has now trended down into a full retracement turning into a
"M" pattern. I added the retracement tool. On a lower time frame, price formed a bear flag
pattern which could signal bearish continuation is likely. On the other hand, the zero-lag
MACD indicator is bullish at its terminal portion with the lines heading up having crossed.
I see the Fib levels as the tie breaker. My trade plan is no trade right now. I will set alerts
for 54.25 and 48.25. A notification will be a signal that price is breaking out of the Fibonacci
zone. The trade will then be taken based on the direction of the break. I suspect that DOCU
could so sideways for a while but maybe not. General market momentum may push it to move.
I will patiently wait for the set up to declare itself in due time.
Feb 12
Comment
Scott Bauer of Prosper Trading Academy picks DOCU
secure.prospertradingacademy.com/scott-bauer-weekly-options-watchlist
Feb 12
Comment
DOCU sideways other tech stocks have the attention no trade yet
Feb 13
Trade active
As can be seen on the 15 minute zoom in- price is glued to the fib level ans is
not budging yet. Patience has its rewards ( in due time)
Feb 13
Comment
Same as above.
Feb 15
Comment
More sideways. Remaining patient for an entry. Alerts are doing the watch.
adobe
ducu
editing
Fibonacci
Fibonacci Retracement
PDF
signaturetechnology
Supply and Demand
techstocks
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