DOCN rises from Fib level support LONG

DOCN ona 120 minute chart has downtrended into the support of a 0.5 Fib retracement from

the rise after the November earnings. and the triple top then trend down from the

last earnings. I believe that is is well situated to rebound toward that triple top again

in the next three weeks until earnings. I realize that based on the inicators a long trade

would be buying weakness but I believe buying at undervalue is a good buy low with

an expectation of 15-18% upside.

تم فتح الصفقة:

DOCN had a nicde jump. One third of the position closed to gain realized profit. Trade is now risk free.

تعليق:

Sideways in the mid-week.