DOCU - Ascending wedge, bearish
Looks to be trying to get back the ATH of 290, but with volume peaks just at the beginning of each dip, due to profit taking. But volume reducing overall.
With another earnings miss, could easily run out of steam before breaking down to 220s or below.
Volume profile is monthly
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Pretty new to charting, just trying to apply textbook patterns to live data. Any feedback welcome!
With another earnings miss, could easily run out of steam before breaking down to 220s or below.
Volume profile is monthly
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Pretty new to charting, just trying to apply textbook patterns to live data. Any feedback welcome!
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