DocuSign: Price Expected To Rise Towards Its Resistance Level
Today’s instrument is DocuSign Inc.‘s stock traded on the Nasdaq exchange under the ticker DOCU.
Looking at DOCU‘s chart, we can see it is traded at around $55.70 after dropping to a new 52W low at around $53.70.
Today it is announcing its quarterly earnings and if the market’s anticipation is positive, then we could see its price rising towards its resistance level at around $59-60 otherwise it should test again its 52W low.
(Click on image to enlarge)
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