Roger Chen, the Chief Operating Officer (COO) of GoDaddy Inc (NYSE:GDDY), sold 11,125 shares of the company. This move is part of a trend for the insider, who over the past year, has sold a total of 33,375 shares and made no purchases.
GoDaddy Inc is a leading provider of cloud-based solutions to small businesses, web design professionals, and individuals. The...
GoDaddy announced three new products and services that leverage generative artificial intelligence (AI) to help them accomplish vital but time-consuming tasks to grow their business.
With GoDaddy's three new AI products that now use generative AI, small businesses can quickly and easily generate:
Online Store Product Descriptions – GoDaddy's incorporated AI...
GDDY remains in a downtrend. The price couldn't break the downsloping resistance. We're expecting another rejection when/if the price push up again. Short at the resistance , exit your shorts at the support (65 $).
Almost 20 % gains to be made. Good luck!
Price action is testing daily support after closing a gap
Chart pattern is a falling wedge (potential bullish break)
RSI divergence at support zone.
Entry on a break of $72 ( resistance ) or retest of that level after the break.
Target $83
Stop $69.5
The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model.
Looking at the charts side by side...GDDY is set to break a multi-year resistance similar to SQ. Not sure of trajectory, but SQ is at about 280% from March lows...so GDDY has about 200% upside on the break pricing it around $250
It sounds crazy I know...but what is up anymore.
see charts at www.tradingview.com
Entry $68.15
1st Target $70.15
2nd target 72.15
Buy to cover Stoploss $67.15
Why this play?
Popular cloud and website company. Been seeing a lot of marketing for them and I am betting with corona and a lot of people staying home, they may start looking to run websites and small businesses.
What is Gddy?
GoDaddy Inc. designs and...
GDDY has a history of pumping up with huge gaps on strong earnings for the last 4-5 quarters now. Every time it has shot back down to baseline. This, meeting resistance at a double top, should be no different.
I did short over 100 shares at $82, looking to pick back up at $75 - this stock is a solid one and I will most likely hold it for an extended time.
If...
Taking a look at the chart today, we see a strong bearish breakout on the daily chart. Since price has never broken previous high, we are still technically in a bearish trend, although we are close to breaking it. We have a short term GAP TRADE presenting itself, as well as strong resistance below. These are the areas we will watch for, and you can set short...
On 30 Minute chart, I am using mostly the 50 day MA (Green) and 400 day MA (Red), but also have the 5, 8, 13 for intraday etc.
The 200 (purple), 100 (thin red line), and 30 (yellow) can be seen as well.
I have started having fun with a 400 day MA on smaller time frames. When the 50 day crosses over the 400 on a 30 min Scale, I have make each with a price at...
GDDY (short term - short. Long term - this stock is a keeper, Long)
GoDaddy Stock has again came out with strong financials, pushing the stock higher and higher. However, during this weak and fearful economic time, I don't believe this is the time where we will rally north of the all time high. We are currently bouncing off a resistance level, and did not...
GDDY hit around $82, near its preious all time high, and collapsed. Although financials are seemingly strong, indicators are not. The pullback was due to the Market itself having several negative days in a row, causing buyers to have concerns, as well as the news that GDDY is laying off 10% of its employees, despite strong financials.
Currently, the stock is...
$GDDY GoDaddy Possible Near Term Breakout
Closed today above $82.30 resistance from May'19 high.
Expecting follow through move later this week.
ATH $85.00 will be a key level to keep eye on.
Near term target: ~$90.00
Note: Not investment advice.
Godaddy Inc (GDDY - NYSE) has completed wave 4th as ABC zigzag correction. It starts moving up in 5th wave. Small correction within 3 min time frame will be good entry to capture impulse cycle, until it retains the invalidation level. In weekly time frame, it is in strong up trend and near to make all time high.
On February 1 I charted GDDY bullish movement, topping out at the current pennant long term. That trade was closed, and now we look at the support levels previously drawn. We slightly adjust for the latest high, and we are looking at a potential pivot point at $67.20. If broken, the other levels are drawn out, but I believe it will be a tough resistance level. ...
GoDaddy - We have seen the Golden Cross on the Daily, the MA 50 moves over the MA 100, a sign of a bullish market again. This happened early January, so we expect a bullish return. This can be tested soon, as Crosses tend to have a second interaction after first crossover. Overall since 2017, we have a Bullish Symmetrical Pennant, which will be a continuation...
On the 1 day chart we see a Bullish Divergence appear generally indicating a reversal alongside a broken trendline, as GoDaddy announced stronger than expected financials Q3. Average analyst target price is reading $89 for 12 months. Expect resistance around $75
