DOCU bearish?

27 Ara 2021

DOCU with straight 40% down in one day after ER, consolidating. RSI was oversold on that 40% down and RSI did dead cat bounce in this consolidation phase.

multiple tries to break the consolidation but no luck. I assume, if it breaks the ascending triangle, another hit to 135 is possible or even lower.

4 Oca 2022

Not

Adjusted lines a bit, to match to the recent ups and downs. Still within the channel. Let's see how this acts. break below the ascending triangle will be 135 target.

Trade is not active yet.

4 Oca 2022

Not

Updated chart

4 Oca 2022

İşlem aktif

7 Oca 2022

İşlem kapandı: hedefe ulaştı

135 was my target and it has reached.

Can go much lower. Rollout or stay small in farther strikes. dont lose gains.