Dropbox (DBX) is building strong bullish momentum, after the potential to fill a gap at the $23.00 level. A break through the $25 resistance level would signal further strength, propelling the stock toward the $28.00 weekly resistance. From there, the next target is the monthly resistance level at $33.00. With an attractive 4.14 risk-to-reward ratio, this setup provides a compelling opportunity for traders to capture upside while managing downside risk with a stop-loss at $23.40.
Dropbox’s focus on enhancing its cloud storage and collaboration tools, along with its growing presence in the enterprise market, reinforces the case for long-term bullish potential. As businesses continue to rely on cloud solutions, DBX is well-positioned to capitalize on this growing trend, making the $33 target a realistic goal.
DBX
https://www.tradingview.com/x/lhKo2RQA/
Dropbox’s focus on enhancing its cloud storage and collaboration tools, along with its growing presence in the enterprise market, reinforces the case for long-term bullish potential. As businesses continue to rely on cloud solutions, DBX is well-positioned to capitalize on this growing trend, making the $33 target a realistic goal.
DBX https://www.tradingview.com/x/lhKo2RQA/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.