📈 
DOCN — Classic Cup & Handle taking shape
DigitalOcean is setting up a clean continuation pattern after a strong prior advance. Despite software pressure, this one continues to outperform with RS ~93 — institutions are clearly defending it.
🔍 What stands out:
• Well-formed cup with orderly depth
• Tightening handle near highs
• Price holding above key MAs
• Relative strength refusing to break
Short-term, we may see a little handle digestion after today’s pullback — that’s normal and constructive. What matters is the structure.
If this tightens and volume confirms, it’s a textbook breakout candidate.
Chart below 👇
#stocks #trading #technicals #cupandhandle #DOCN #software #MarketPrep
DOCN — Classic Cup & Handle taking shapeDigitalOcean is setting up a clean continuation pattern after a strong prior advance. Despite software pressure, this one continues to outperform with RS ~93 — institutions are clearly defending it.
🔍 What stands out:
• Well-formed cup with orderly depth
• Tightening handle near highs
• Price holding above key MAs
• Relative strength refusing to break
Short-term, we may see a little handle digestion after today’s pullback — that’s normal and constructive. What matters is the structure.
If this tightens and volume confirms, it’s a textbook breakout candidate.
Chart below 👇
#stocks #trading #technicals #cupandhandle #DOCN #software #MarketPrep
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.