$DOCU - RC -
Added 2023-08-07 11:50:43 +0000 UTCSideways moving here for 9 months now and it is hard for me to be bullish on this company because I do not believe they have any significant moat, I believe $AAPL will likely destroy this company with any meaningful software update or $ADBE could integrate their own software into their market.
$10 Billion market cap too and still not profitable.
Price is still below the 50 and 200 Day MA and the 200 Day MA has been acting as a resistance line since the 20th of June.
Earnings are almost a month away, so I expect this to be under pressure until then, both directions for now are still in play.
