DoorDash (DASH) Stock - Cup and Handle Pattern with Potential Ta
The DoorDash stock 
DASH is exhibiting a classic cup and handle pattern, signaling a potential upward movement with a target price of $254. The initial breakout was seen at the $118 level, followed by another key break above $143.25, reinforcing the bullish trend.
Currently, the entry looks strong, but it’s recommended to maintain risk management with a Stop Loss at $123.1 to guard against potential volatility.
About DoorDash
DoorDash is a leading American food delivery and logistics company that connects consumers with local businesses. Founded in 2013, it has rapidly expanded its platform to serve restaurants, grocery stores, and convenience stores, allowing users to order meals and essentials for delivery or pickup through its app. The company is listed on NASDAQ under the ticker DASH and continues to grow its presence in the on-demand delivery sector.
DASH is exhibiting a classic cup and handle pattern, signaling a potential upward movement with a target price of $254. The initial breakout was seen at the $118 level, followed by another key break above $143.25, reinforcing the bullish trend.Currently, the entry looks strong, but it’s recommended to maintain risk management with a Stop Loss at $123.1 to guard against potential volatility.
About DoorDash
DoorDash is a leading American food delivery and logistics company that connects consumers with local businesses. Founded in 2013, it has rapidly expanded its platform to serve restaurants, grocery stores, and convenience stores, allowing users to order meals and essentials for delivery or pickup through its app. The company is listed on NASDAQ under the ticker DASH and continues to grow its presence in the on-demand delivery sector.
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