DOCU has been on my watchlist since last week and we are finally seeing some bullish price action for a possible move higher. DOCU has been resilient throughout this bear market has a clear line trendline acting as support. Last week, DOCU broke out but failed to hold above the trendline. This week, DOCU spikes above and held the trendline twice. I am getting long into this current consolidation with a stop loss below the previous higher low.
Entry - 89.56
Stop loss - 85.80
Target - 100 to 110
Entry - 89.56
Stop loss - 85.80
Target - 100 to 110
Nota
Excellent action on DOCU so far. Took profits on 1/4th size at 97.14 and moved up stop loss to 93.05.Nota
Moved up stop loss to 95.45.Nota
Sold another 1/4th for 102.12. Taking profits in here as DOCU is consolidating on the short term.Nota
Moved up stop loss to 103.75Nota
Target reached. Took another 1/4th off at 109.80. Last 1/4th is let it ride with stop at 103.75.Nota
Actually 103.75 is kinda tight for a let it ride position. New stop is 99.95.
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.