Great earnings and produced a runaway gap. Then price continue to grind higher throughout the rest of the month. Likely to see a 15% up move in the next month or so before pulling back. This stock looks like it has a longer term perspective. If it does pull back to $125 area, then it's probably good to accumulate. Disclaimer: I'm not giving any trading and...
I believe this is a beginning of a new era not the end! Not even close to the end! These stocks just crossed below their 200 EMA, and made serious reversal patterns! They will go down more with time! Reevaluate your stop loss would save you a lot !
DDOG is continuing along the trend lines that show that by earnings it could hit anywhere from 131 to 156. If it holds along the median of the parallel trend lines then it could hit $144. I would suggest buying stock for the long-term. Lately, earnings have been "sell the news" events no matter how good the news is. Only buy calls if you are entirely confident...
I am anticipating DDOG to reverse the trend of having more negative reactions to earnings than positive. If they beat earnings and give good guidance, I see no reason why it would not reach new all-time highs. It has reached this level before and this earnings event gives the perfect catalyst for a break-out past the resistance. This is an underappreciated...
DDOG - Currently in a a flat correction and looking for a breakout of the triangle to retest ath. With earnings approaching (mid February) we could see a nice run up to retest ATH. This company has shown strong growth and has generated great returns since its IPO in 2019, nearly quadrupling it's IPO price in 2020. DDOG reported a 61% increase in revenue for Q3 and...
Bouncing from long-term TL with RSI turning back up. Above $100 and could see a nice run for a Wave 3 $QQQ $SPY #Trading #ElliotWave #DataDog 🐶
If Datadog continues in this channel, it will retest resistance at $110, and either be rejected or go for new ATH's. The previous times it has entered the lower side of the bollinger band, it was sharply bought back. Expecting that within the next few days, if not, then I will be selling if it falls past channel support.
Sell now Buy level on the chart Profit 20% Stop Loss 5% Wish you luck !
DATADOG : is going to fall down 15% in the next week...
Correction accompleeted. Gap almost filled, Ready for a rebound. Target is 42 dollars, based on a previous similar movement. BIO