Power Plays New Idea: DASH
March 13, 2025
By Scott Redler
Name: DoorDash
Ticker: DASH
Price: $187.70
Needs to Hold: $159 to $168
Price Objective 1: N/A
Price Objective 2: N/A
DoorDash (DASH) looks ready to re-engage so I'm adding it back to Power Plays here.
The chart is curling back up nicely, and the S&P 500 addition should drive demand for the stock near-term.
The danger zone here is the $159 to $168 area. We'll have to switch gears if the stock gets down there.
But for now, DoorDash looks ready to lead as long as the SPX at least goes sideways.
-Scott
Scott Redler Positions Disclosure as of 2025-03-13 at 7.23.47 AM