Dropbox, Inc.Long
Drop Box Heading Higher on Positive Earning Surprise
- 24% quarterly positive earning surprise pushes DropBox higher on the back of more people using Drop Box to support work from home.
- They added an additional
1M paid users YoY and it's ~20% YTD Performance.
- Technically the price has been pushing higher and zooming through the upsloping median line. We expect prices to head back to the support zone at $24
- They added an additional
1M paid users YoY and it's ~20% YTD Performance.- Technically the price has been pushing higher and zooming through the upsloping median line. We expect prices to head back to the support zone at $24
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.