Digitial Ocean has formed a strong Wckyoff Accumulation pattern. The base was formed over a course of 4 years !!
With rising volumes in last 3 months, a higher high higher low pattern, AI play and a PS ratio of just 5 compared to its peak of 15 is lucrative. Company has 1.6bn of debt on its sheets which was keeping the prices low. With rate cuts, their interest liability will reduce significantly bolstering their earnings. With results due on 5th Nov 2025, the charts look poised for a 2x return in very short time.
Strong Buy.
With rising volumes in last 3 months, a higher high higher low pattern, AI play and a PS ratio of just 5 compared to its peak of 15 is lucrative. Company has 1.6bn of debt on its sheets which was keeping the prices low. With rate cuts, their interest liability will reduce significantly bolstering their earnings. With results due on 5th Nov 2025, the charts look poised for a 2x return in very short time.
Strong Buy.
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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.