Door Dash Stock Code DASH.NYS
Outlook
Price managed to stay inside the cloud during a price correction keeping the uptrend intact. The correction also managed to stay above the Fibonacci 61.8% of the rally from $41.36 to the high at $65.49. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bullish and hinting at a bullish price trend. If price can stay above the cloud, it could be heading towards the previous high at $65.70.
Strategy
$55.25 Buy
$65.70 Price Target
$50.25 Risk Management Stop
3 weeks Trade Duration
