vortexTradingSolutions

DDOG going down to channel bottom ?

Short
BATS:DDOG   Datadog, Inc.
DDOG technically is in a bear trend since Feb

Long term its in bullish channel but currently going through a channel down movement

Entry should be made only when a bullish reversal is confirmed . Currently its a falling knife

Next strongest and channel support is around 98 to 102 area if it bounces back from there then
safe entry would be at 130+

TP@ 155

Stop Loss 95 or 90

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.