F_Investments

DOCUSIGN #DOCU - Upside potential

Long
NASDAQ:DOCU   DocuSign, Inc.
DOCU

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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