Duolingo, Inc.Duolingo, Inc.Duolingo, Inc.

Duolingo, Inc.

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DUOL bought $380 OTM puts two Fridays ago, exp 7/18. Closed my position as it hit the low today.

Saw the key support at $380 level acting as a magnet. Price will most likely consolidate between this level and $400 for the near-term future leading into earnings.

How will this Megaphone pattern play out, I wonder?


DUOL Will this hold or dump? Or keep making gains happen daily?



DUOL price has reached an important mid-term resistance zone: 227-240-264.

Until price is below 264, I cannot disregard mid-term potential of correcting to macro-support of 140-100 in the course.

If price breaks through 264, suggest price structure needs to be revised.
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