DocuSign, Inc.Long
DOCU is very likely to break the upper edge of the triangle
Horizon: 2-3 weeks
Target: $90
Stop order: $50
Technical analysis
The paper came to a strong support level. It is worth opening a position from the current level at 5% of the portfolio.
Fundamental Factor.
DocuSign, Inc. - an American company headquartered in San Francisco, California. The company offers organizations solutions for managing electronic agreements with an e-signature service. DocuSign will release a financial report Thursday, Sept. 8, after the market closes. Analysts expect revenue to rise to $602.219 million and earnings per share to $0.424. If the report beats analysts' expectations and the company's management gives a good outlook, the market could put this positive value on the stock.
Target: $90
Stop order: $50
Technical analysis
The paper came to a strong support level. It is worth opening a position from the current level at 5% of the portfolio.
Fundamental Factor.
DocuSign, Inc. - an American company headquartered in San Francisco, California. The company offers organizations solutions for managing electronic agreements with an e-signature service. DocuSign will release a financial report Thursday, Sept. 8, after the market closes. Analysts expect revenue to rise to $602.219 million and earnings per share to $0.424. If the report beats analysts' expectations and the company's management gives a good outlook, the market could put this positive value on the stock.
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