Drop Box Heading Higher on Positive Earning Surprise

- 24% quarterly positive earning surprise pushes DropBox higher on the back of more people using Drop Box to support work from home.

- They added an additional $1m paid users YoY and it's ~20% YTD Performance.

- Technically the price has been pushing higher and zooming through the upsloping median line. We expect prices to head back to the support zone at $24