DocuSign (NASDAQ: NASDAQ:DOCU ) shares jumped more than 4 % in trading hours on Friday after the e-signature and document management company topped analysts’ quarterly estimates and issued better-than-expected current-quarter and full-year sales outlooks as customers increased their IT spend.
The San Francisco-based company posted fiscal 2024 fourth-quarter...
Please be careful and try to understand what ever is being explained in this analysis for DOCU. If you have any doubts do let me know.
NOTE: There is selling pressure and I will not go long at current price.
DOCU DocuSign is now at the 52 Week low, ranging 90.91 - 314.76, which coincides with the February 2020 level.
Considering the chart, i expect a bounce from here to the $111 resistance.
Looking forward to read your opinion about it.
After a big drop, slowly coming up. Formed an ascending triangle with a breakout, which reversed but I still think a potential move to the up side is pending with TA supporting it.
DOCU- May be a bit oversold considering it's still a viable company. And fundamentally they have out-competed everyone in this seemingly simple industry. They have good contracts with big companies and everyone uses DOCU. Maybe I am wrong but if nothing else we have a scalp opportunity with a gap above.This could take a week or so to play out but I think it will...
There is a daily wolfe wave setup in DOCU that has not yet triggered a buy entry. The setup appeared after the earnings debacle and we believe alot of people lost tremendous amounts of money using DOCU as a covid play. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green...
DOCU with the premarket dump that has occurred has found its place sitting on the 4.618 fib circle line
Price from here will likely have a sharp recovery, back to the major trend line
Opportunity to grab these on the cheap
$DOCU successfully broke beyond its 52-weeks high that was established in early September 2020, attaining a new all time high of $293.65 in its latest market session. The past four weeks of price soar in $DOCU (+22.96%) display a classical double bottom technical breakout from $235 since early June this year.
$DOCU shows that it has strong prospects ahead for the...
$DOCU printing confirmation candle on Daily Timeframe of Right Shoulder of huge Head & Shoulder pattern.
Below are the Targets:
Target 1: $213
Target 2: $200
Target 3: $190
Good Luck.
Approach this with care. Medium confidence on the Resistance Line due to a lack of touch-points.
Strong level of support, confirmed multiple times over the past 5 months in an uptrend corridor. Ascending Triangle formed within, just broken out.
Place a Limit Entry to ensure triangle support confirmation and decrease risk.
- Historical Uptrend and All-time...
Docu Up $147% Since March Earnings Report
Back in April, we tried to play Docu with $105 calls but sadly didn't pay for the time. If we would've thrown 3 months of time, each contract would be $8,000 each at the least ($80 in the money).
Our Play (Rating 9/10)
-Doubling up on our portfolio, adding 10 shares
- Options Play: $18 7/10 Call @ $390 per contract...
