Member Request: A Look at $DOCN

A member has requested that I look at $DOCN. The rally looks mature to me. It counts well as nearing a 5-wave structure complete. The divergence also suggests that we may be nearing the end of a move. If it tops soon, it may correct in a multi-week correction heading in the direction of the orange box below in some kind of 3-wave corrective pattern.


[UPDATE]: This was, in fact, near a top, and has begun a large descent. I will file this under “Successful Calls.” I will need to monitor the price action from here prior to making a new call.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.

One thought on “Member Request: A Look at $DOCN”

Leave a Reply

Your email address will not be published.