Core Viewpoint - DoorDash shares have seen fluctuations, with a recent price target cut by NEM from 300 to 275 while maintaining a buy rating, indicating continued confidence in the company's performance despite recent volatility [1][11]. Financial Performance - DoorDash's stock is down 18% this month but remains up 20% year-to-date, reflecting a mixed performance in the short term while showing overall growth for the year [2]. - The company reported strong earnings on November 6, beating expectations on both revenue and earnings per share, yet experienced a significant one-day drop of 17.4% post-earnings [3][4]. Market Sentiment - Analysts noted that the market reaction to DoorDash's earnings was influenced by executives' announcements of substantial investment plans, which may have raised concerns among investors [4]. - Despite the recent selloff, some analysts view the current price levels as a buying opportunity, suggesting that the market overreacted to the earnings report [11][12]. Technical Analysis - Technical indicators show a potential reversal pattern, with a recent formation of a price floor near 195 and a downward sloping trend line that may be breaking [8]. - The 252-day exponential moving average is identified as a potential resistance level around 215, while the RSI shows signs of improvement, indicating a possible bullish divergence [8][9]. Options Activity - Options trading activity has been moderate, with about 26,000 contracts changing hands, indicating a balanced interest between puts and calls [13]. - Notable trades included a significant position involving the sale of 1,500 November 21st 240 puts and the purchase of 3,000 November 21st 210 puts, suggesting strategic positioning by traders [15].

Welcome back to Market on Close. Shares of Johnson and Johnson hit a new all-time high today after Wells Fargo upgraded the stock to overweight from equal weight and raised its price target to $212 from $170. The firm says it sees potential upside to J&J's pharma business and lowered tariff and pricing risks.Wells Fargo said the stock's valuation presents an attractive entry point right now. So now it's time for Options Corner. Joining us is Rick Dukat, our lead market technician here on Schwab Network to t ...

🚀 $DOGE IS BREAKING OUT JUST AS EXPECTED!BULL FLAG PATTERN CONFIRMED ✅PRICE IS PUSHING TOWARD KEY RESISTANCE ZONES — NEXT TARGET: $0.25+ 🔥STRONG SUPPORT HELD — BULLS IN FULL CONTROL 🐕 https://t.co/av571IBQ5R ...