DoorDash ( NASDAQ:DASH ) stands tall as a beacon of innovation and resilience. Despite the challenges posed by elusive profitability, DoorDash ( NASDAQ:DASH ) has continued to surge ahead, gaining customers, expanding its offerings, and solidifying its position as the undisputed leader in the market.
Dominance and Moat:
DoorDash's ( NASDAQ:DASH ) dominance in the...
Alright, let's break down Dash's current setup from a technical trader's perspective. So, looking at the weekly chart, Dash seems to be catching some serious traction. We're seeing this nice uptrend forming with higher highs and higher lows, indicating a solid bullish trend. And you know what? That's exactly the kind of setup we love to see, especially in this...
The delivery giant DoorDash ( NASDAQ:DASH ) has found itself navigating turbulent waters as it grapples with the aftermath of increased labor costs and regulatory challenges. Despite a surge in delivery orders, the company's profit outlook for Q1 falls short of Wall Street expectations, leading to a notable drop in its shares.
Rising Labor Costs and Regulatory...
Doordash appears breaking out of it's ascending cylinder after bottoming in 2022 and accumulating for the better part of 2023.
If they have good earnings outcome and can get past the 130-135 zone, it has room to run. If they shit the bed with their earnings, can't imagine this holds the breakout. Regardless, leading up to their reporting, this is one of the...
I think it is possible for #doordash to have a significant run to the upside considering the dovish-neutral stance from the fed, if it can break and close the week above 103.16 in my opinion.
I don’t post much on here but I did talk about just not on here that the fall down below the gold ring was just a spring to get out of it and use that momentum to go up with the fans.
Expecting DoorDash to remain relatively heavy here at 75....WMT and COST performance today may be putting into question the DashMart business model. There's a heavy amount of open interest in Nov at the 65 strike and it makes me wonder if it could probe that far down. Good luck traders!
