DOCN - High Tight Flag - 2021-10-07

DOCN Trade Summary

Performance metrics and trade details for DOCN breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

DigitalOcean (DOCN) formed a bull flag and successfully broke out. While the breakout volume was unimpressive, the stock continued to surge in the following weeks.

By exiting after a close below the 10 EMA, two days before the earnings report, the trade secured a 10% gain.

Before Breakout Daily

DOCN - High Tight Flag - 2021-10-07 before breakout daily

After Breakout

DOCN - High Tight Flag - 2021-10-07 after breakout