Digital ocean has hit a crucial support.
With a h&s pattern formed in the last two weeks of Feb, it broke the neck-line Yesterday and has since hit its h&s pt of $71.50.
- This is also a crucial support level of a channel which was created throughout the first couple if quarters since IPO.
- The 6 month RSI has also re-entered its buy zone below 30%
- MACD support touched.
- Possible double bottom here as well - PT of $98.
- Gap to fill at $130
All PTs on chart
With a h&s pattern formed in the last two weeks of Feb, it broke the neck-line Yesterday and has since hit its h&s pt of $71.50.
- This is also a crucial support level of a channel which was created throughout the first couple if quarters since IPO.
- The 6 month RSI has also re-entered its buy zone below 30%
- MACD support touched.
- Possible double bottom here as well - PT of $98.
- Gap to fill at $130
All PTs on chart