TradingView
mistera123
Mar 2, 2020 12:38 AM

TTD Ascending Channel Long

The Trade Desk, Inc.NASDAQ

Description

TTD has been a real winner over the last few years. The company is firing on all cylinders and earnings have reflected that. The company offers a software platform used by digital ad buyers to purchase data-driven digital advertising campaigns across various ad formats and devices. And, their fast growing segment is connected TV (CTV) which is still very much in the early innings.

Let's see how it holds up given the overall current market conditions. If it does breakdown out of the channel, it could easily get back to around $180, where we've seen good support a few times over the last year.

Comment

This should be considered neutral given the overall market conditions.

Comment

Let's see where this settles.
More