DocuSign, Inc.
Long
Updated

DOCU Long

144
Demand Zone had been confirmed

Long entry 65
Stop 62
Target 86, 107, 150 (Weekly chart target)

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
BuyToOpen 2027 Jan call spread C110/150 limit 1.3 (C110 Delta= 0.15)
SellToOpen 2027 Jan Put P35 limit 1.2 ( Delta= - 0.06)
Buy for free (BFF) , cost 0.1, near "0".

Current price is in one year Wedge, after consolidation, 67%(2/3) will continue the original trending direction.
Once break out the top of this wedge (107), next Weekly impose wave chart target will be 150.

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