DigitalOcean Holdings Inc

DOCN remains in a Stage 4 decline with an active lower-highs lower-lows continuation pattern reinforcing bearish medium-term bias. Short-term conditions favor execution now as price extends below the down-sloping 9EMA and 20EMA with rallies rejected and no exhaustion evident. Sell into rallies at EMA resistance, while a decisive reclaim and sustained trade above these EMAs would invalidate the bearish stance.

• ↑Q2 revenue surged 28.6% YoY to $281.2M; full-year guidance raised to ~$1.2B
• ↑Adjusted EPS of $0.45 beat the $0.26 consensus
• ↓Trailing P/E exceeds 50; GF Value flags 192.6% overvaluation