Dropbox, Inc.

$DBX Summer Analysis

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DBX price has been cut in half since it's ATH around $40 last year to date. It appears that the downward fractal has ended, so I expect for it to go sideways throughout summer. DBX may need to go below the $20 support line before it can end this sideways trend. Going to keep my eye on it this summer and re-evaluate a good entry point in a couple months. It would not be a bad time to add some to your portfolio, but we may see prices go down if it keeps within the descending triangle that I've highlighted.

Lmk your opinions on DBX!

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