DOCU bounce?

I'm looking to daytrade docu if it gets buyers Monday or Tuesday.... anyone else? (not a recommendation)

Expected play is headfake dead cat bounce on the open, to avoid, followed by selling..... then a tradable bounce late morning

 

DOCU dropping 43% in a day is what we in the real world call an "over-reaction".

Buy it.

 

hmm. the downforce momentum is so strong.

 

Maybe I'll nibble at premkt buying, sell reversal before the bell is trade #1... then sit out dcb , trade late am.... should be interesting

 

Be careful that valuations don't suddenly become relevant.

 

All I care about is price action

 

zero bullish price action yet.

 

Don't confuse the man with reality. It's all about promotion with him. DOCU down 2% premarket, Ken wants to go long. Must be the "price action". Pot stocks getting hammered all year Ken repeatedly wants to go long.

 

Even when MRNA skyrocketed to $500 in Aug, it took 2 days to dump 22%. DOCU dumping 43% in one day does seem like it's an overreaction. I was trying to find other stocks that took huge dumps and seeing how they reacted the 2nd day. But not many other billion+ companies have dropped so hard, that I could find (granted I did a quick cursory search).

 

MRVL @$82