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