Follow on to a write-up from the end of last year -
Consecutive positive reactions to DOCU 0.00%↑ following an earnings release -
Popped last Friday and we’re seeing follow through in the morning session today. Would like to see a cross above the AVWAP from last quarters earnings pop (solid black like), before a move towards the AVWAP from IPO (dashed black line). It was previously rejected there, and that may be a tall order given the macro headwinds in the markets lately, but if it’s able to break through that level, it could be a setup for a big time move. I’m long a small position, and added this morning.