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drewby4321

DOCU too extended to Buy, but look at that strength

DocuSign, Inc. (NASDAQ:DOCU)  
drewby4321 Güncellendi   
NASDAQ:DOCU   DocuSign, Inc.
Trend Lines Moving Averages
13
7
trendline movingaverage
DOCU has been outperforming Nasdaq Composite since January on the Daily view and since September on the Weekly view. It has stayed 30-40% above it's 50d SMA since a May 6 buy point. If it suddenly goes 2% below the 10d SMA, then I'd consider taking some profits. Otherwise, it would be better to go sideways for awhile and let the 50d line catch back up.
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Creating a nice base now. Ready for more growth?
Feragatname

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