DOCU earnings 12/3 at 4:05pm

2020年12月1日

DocuSign provides e-signature solutions. I think this is a great product, but seeing what happened with Zoom downward price action, after hours yesterday earnings, it seems like the sentiment for these "stay at home" stocks is weakening. As today & tomorrow price action pans out, if the price goes up, it may not be indicative of the price action after DOCU earnings on Wednesday at 4:05pm and more of just sheer volume leading up to earnings. Q3 Consensus eps is $0.14 with a revenue of $360.38 Million. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading 101*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
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