I've been asked on many occasions how important various support levels are. And I generally answer that question with......."it depends". Price support can be defined as prior price lows, prior price resistance after breaking out, gap opens, etc. But when a stock falls back to a certain price level on multiple occasions, the strength of that particular support level is no longer in question. Let's take a look at Docusign, Inc. (DOCU) as
an example:
