DOCN - High Tight Flag - 2021-10-07

DOCN Trade Summary

Performance metrics and trade details for DOCN breakout.

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

Market Correlation Analysis for DOCN

Top Similar Tickers

Stocks that move in the same direction as DOCN

Positive
Rank Ticker Score
No similar stocks found in the current universe.

Top Inverse Tickers

Stocks that move opposite to DOCN

Negative
Rank Ticker Score
No inverse stocks found in the current universe.