📈 
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.