Digital Ocean: Growth potential to 46

https://finance.yahoo.com/news/digitalocean-holdings-inc-docn-just-143502550.html DigitalOcean Holdings, Inc. (DOCN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, DOCN broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend. Moving Average Chart for DOCN Moving Average Chart for DOCN DOCN has rallied 9% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests DOCN could be on the verge of another move higher.