DOCU - Quick Opportunity
Updated
DOCU Signals to go Long:
1) 2 breakout confirmation candles out of the wedge formed
2)RSI starting to trend (>50)
3) MACD just crossed
4) News around increase virus cases play in favor of WFH companies
Entry : 215+
Exit : 245
Note: This stock has a tendency to move fast and then consolidate the gaps for a while so plan your exit accordingly. Do like if you agree :) Always an encouragement for someone who's starting out new on trading and reading charts.
1) 2 breakout confirmation candles out of the wedge formed
2)RSI starting to trend (>50)
3) MACD just crossed
4) News around increase virus cases play in favor of WFH companies
Entry : 215+
Exit : 245
Note: This stock has a tendency to move fast and then consolidate the gaps for a while so plan your exit accordingly. Do like if you agree :) Always an encouragement for someone who's starting out new on trading and reading charts.
Comment
closed the trade as planned
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