DOCU too extended to Buy, but look at that strength

DOCU has been outperforming Nasdaq Composite since January on the Daily view and since September on the Weekly view. It has stayed 30-40% above it's 50d SMA since a May 6 buy point. If it suddenly goes 2% below the 10d SMA, then I'd consider taking some profits. Otherwise, it would be better to go sideways for awhile and let the 50d line catch back up.

Kommentar:

Creating a nice base now. Ready for more growth?