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jacobosiason7

Falling Wedge - Breakout

Long
Datadog, Inc. (NASDAQ:DDOG)  
jacobosiason7  
NASDAQ:DDOG   Datadog, Inc.
Trend Analysis Harmonic Patterns Technical Indicators Bullish Patterns brekaout falling_wedge hidden_divergence supply_and_demand support_and_resistance harmonic_pattern swingtrading SPX (S&P 500 Index)
4
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trendanalysis harmonicpatterns indicator bullish brekaout falling_wedge hidden_divergence supply_and_demand support_and_resistance harmonic_pattern swingtrading spx
DDOG starting to look quite nice here as buyers are starting to step in so long that the broader markets don't pullback. DDOG has been holding a big falling wedge for quite some time, getting rejected by the 20-day SMA, however will be keeping a close eye on DDOG with buyer volume starting to increase relative to seller volume. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime
**(See Attached PT's &Charts Below)**

Daily Timeframe
- Bullish Hidden Divergence on the RSI
- Falling Wedge
- Bollinger Bands Squeezing

4-Hour Timeframe
- Bollinger Bands Squeezing
- Falling Wedge
- Bullish Gartley Harmonic Pattern
DDOG - 4-Hour

PT1- $89.90
PT2- $95.37
PT3- $99.34
PT4- $103.39+
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