Door Dash Inc. Stock Code DASH.NYS
Price broke above the previous high at $227.40 in the previous trading session, triggering a breakout from a 52-week high. The strong candlestick in the previous trading session hinted of a strong bullish trend at the breakout. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is bullish and hinting at a bullish price trend. We think price is likely to move higher to the Fibonacci 161.8% price projection at $259.94 in the next 2-3 weeks.
$259.90 Price Target
$235.30 Risk Management Stop
3 weeks Trade Duration