Shared by
spyrosz
good earnings #s, EPS & rev. beat, rev. 12.4% Y/Y, but mainly YoY growth in paying users ~+8% & average revenue/user ~+5%. Value, slow growth tech stock, reasonable multiples, has been left behind vs other tech.
Technical picture: Amazing daily chart! Huge rounding bottom, breaking and holding above $25-25.5 area for the 1st time since 2018.
Trade: Room to run to $28=IPO price. Break thru $28 and who knows, it may see $30+.
Execution: Stop $24, want to add more once it reclaims the 9SMA@weekly, 1st target $28
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-17 10:05:39 | DBX | buy | $25.540 | long |
| 2021-05-19 10:19:36 | DBX | buy | $26.298 | long |
| 2021-05-24 11:31:00 | DBX | sell | $27.160 | long |
| 2021-05-26 15:04:07 | DBX | sell | $27.705 | long |
| 2021-05-27 12:56:05 | DBX | sell | $27.990 | long |
| 2021-06-01 14:52:03 | DBX | buy | $26.930 | long |
| 2021-06-03 10:39:19 | DBX | sell | $27.895 | long |
| 2021-06-04 11:12:15 | DBX | sell | $28.542 | long |
| 2021-06-08 13:01:23 | DBX | sell | $29.390 | long |
| 2021-06-23 10:36:35 | DBX | sell | $29.910 | long |
| 2021-06-28 09:12:35 | DBX | sell | $30.450 | long |
| 2021-07-07 09:38:08 | DBX | sell | $31.105 | long |
| 2021-07-13 14:07:28 | DBX | sell | $30.782 | long |
| 2021-07-15 10:27:56 | DBX | sell | $29.950 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!