DOCU - SHORT SET UPDear Gamblers,
Here is an idea of DOCU.
All strategy explained in the graph.
Have fun gambling,
Kind regards,
BeniGo.
DOCU trade ideas
Trade Journal: Long $DOCU - 4/8/2020DOCU has been on my watchlist since last week and we are finally seeing some bullish price action for a possible move higher. DOCU has been resilient throughout this bear market has a clear line trendline acting as support. Last week, DOCU broke out but failed to hold above the trendline. This week, DOCU spikes above and held the trendline twice. I am getting long into this current consolidation with a stop loss below the previous higher low.
Entry - 89.56
Stop loss - 85.80
Target - 100 to 110
Another for the watch listDocusign closed above support with no resistance above it. Within striking distance of recent ATH with possible Blue Sky Breakout.
Miss the entry point at 68 during the crisisTarget 105
COVID-19 increases the demand for remote working. But I feel it is something gonig on...
Trade Idea: Long $DOCU @ 90.10DOCU has been a relative strength name during this bear market. Since the bounce started, DOCU has broken out of a consolidation base and has since pulled back to the breakout area. This ticker has benefited from the COVID-19 and has not yet made a big up move. If we start to reject the breakout zone, DOCU could be setting up for a big move past 100.
Trigger @ 90.10
Stop Loss @ 86.40
Target @ 105
DOCU heading to $100
Lovely breakout today despite a terrible market.
Relative strength cant be ignored
$DOCU can rise in the next daysContextual immersion trading strategy idea.
DocuSign has a strong upward trend.
This and other conditions can cause a rise in the share price in the next days.
I saw it again and opened a long position from $90,22;
Information about take-profits and stop-loss will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Docusign Inc outperforming the market $docuEarnings beat has not been rewarded so far, this could be a big winner on any market stability
DocuSign (NASDAQ:DOCU) +7% reports Q4 beats with 38% Y/Y revenue growth. The company guides upside Q1 revenue of $280-284M (consensus: $275.73M) and FY21 revenue of $1.272-1.276B (consensus: $1.19B).
Q4 Billings grew 40% Y/Y to $366.9M.
Revenue breakdown: Subscription, $258.1M (consensus: $251M); Professional Services and Other, $16.8M (consensus: $14.6M).
Cash from operations totaled $45.5M with FCF of $15.5M.
Company profile
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.
DocuSign, Inc. Beats EarningsDocuSign (NASDAQ:DOCU) +7% reports Q4 beats with 38% Y/Y revenue growth. The company guides upside Q1 revenue of $280-284M (consensus: $275.73M) and FY21 revenue of $1.272-1.276B (consensus: $1.19B).
Q4 Billings grew 40% Y/Y to $366.9M.
Revenue breakdown: Subscription, $258.1M (consensus: $251M); Professional Services and Other, $16.8M (consensus: $14.6M).
Cash from operations totaled $45.5M with FCF of $15.5M.
Source seekingalpha
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.
DOCU ACCUMULATION STRONGER THAN SPX & SPYNASDAQ:DOCU AMEX:SPY
DOCU - is stronger than Market and all last week down move didnt affect her on Worse Case
looks like Accumulation and following to join once Market will calm down
Friday end of day Stopping Action started in the market
will follow to see whats happening and will benefit with the stock
thanks
DOCU - weak downgrade callThis weak downgrade provided me an entry point for a few more shares.
Morgan Stanley downgrades DocuSign from Overweight to Equal Weight and raises the target from $67 to $76. The company has a Bullish average Sell Side rating.
The firm remains positive on DOCU's long-term prospects but sees the opportunities as priced in at the current valuation.
DOCU BULLISH PENNANTBuyers have broken upper trend line to make a bullish pennant pattern which is backed by volume
$DOCU Massive 17% swing afterhours in DocusignEarnings Details
DocuSign (NASDAQ:DOCU) slides 4.3% after hours following the upside Q3 report with a Q4 forecast that sees revenue above consensus at $263-267M.
For FY, DOCU sees revenue of $962-966M.
Q3 billings were up 36% Y/Y to $269.4M, beating the consensus by $1M.
Subscription revenue was up 41% to $238M, and professional services increased 28% to $11.4M.
Negative FCF was $14.1M versus the $4.3M loss in last year's quarter.
Short interest 9%
Company profile
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.
