Today’s instrument is the DocuSign Inc.‘s stock traded in Nasdaq exchange under the ticker (DOCU). 

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Looking at the DOCU‘s chart, we can see that on Friday there was a significant price increase from around $58.50 to around $64.70 which was justified by the better-than-expected quarterly earnings and the raised outlook announced, but then it was lastly traded down at around $57. Today, we should expect it to stay above its support level which is located at around $54 with a possibility to test the resistance level at around $59.30.

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