vikinsa

DropBox (DBX): Can DROP From The Current Levels

Short
NASDAQ:DBX   Dropbox, Inc.
Traders, Dropbox (DX) can fall from the current levels as it has reached an FCP zone and is forming a wedge as well. However there is an inverse head and shoulders pattern which can play out in the longer term. A break out above the this zone can take Dropbox to the next FCP zone above.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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