TrueTraderOfficial

Sunday Prep 7/25 - $TTD Like to see pullbacks hold some support

Long
NASDAQ:TTD   The Trade Desk, Inc.
Big volume day with a nice big green candle. Technically it broke out over that 82 level, so now I would like to see pullbacks hold some support. You can see the dips on Friday held around 79.40s, which also is right at the 61.8% fib level. Thinking any early flush to that area on Monday can be watched to see if they support it. If they gap it up, you can always look to join trend, but keep in mind that if they gap the broader market up as well, I would be very hesitant to get long anything until we get a backfill of the gap and we see buyers show up.

TV chart link:

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.