Dropbox, Inc.Long
Drop Box Heading Higher on Positive Earning Surprise
- 24% quarterly positive earning surprise pushes DropBox higher on the back of more people using Drop Box to support work from home.
- They added an additional
1M paid users YoY and it's ~20% YTD Performance.
- Technically the price has been pushing higher and zooming through the upsloping median line. We expect prices to head back to the support zone at $24
- They added an additional
1M paid users YoY and it's ~20% YTD Performance.- Technically the price has been pushing higher and zooming through the upsloping median line. We expect prices to head back to the support zone at $24
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