This triangle has broken to the downside but there is a support zone just below price.
If this zone breaks, it could spell more trouble for DOCU.
Earnings in December and short interest is just above 4%.
Spinning top at support so far today representing indecision for the time being.
Oversold on RSI and also oversold status is also represented by price being below the Bollinger Bands. Possible bounce as there is a lot of red on this chart.
Short if support is broken.
No recommendation.
"You will find that it is necessary to let things go; simply for the reason that they are heavy."
Roy T. Bennett
If this zone breaks, it could spell more trouble for DOCU.
Earnings in December and short interest is just above 4%.
Spinning top at support so far today representing indecision for the time being.
Oversold on RSI and also oversold status is also represented by price being below the Bollinger Bands. Possible bounce as there is a lot of red on this chart.
Short if support is broken.
No recommendation.
"You will find that it is necessary to let things go; simply for the reason that they are heavy."
Roy T. Bennett