TTD
KBNT (Swing Trade Idea)From Technical Analysis stand point: Whenever a short time frame moving average crosses above a longer time frame moving average, it is common to see the price surge upwards.
The daily (9-hour) period moving average (MA) is on track to cross above the weekly (45-hour) moving average.
With momentum on the back of KBNT's upcoming earnings report (probable beat), the daily moving average may cross above the monthly (189-hour) moving average as well.
The white circles show how the price has reacted when these moving averages have been crossed in the past.
KBNT (Kubient, Inc.) Is expected to release their Q4 2020 earnings report (after close of market) on Thursday (25/Mar/2021).
They have scheduled a conference call at 5:00 PM EST on the same day to discuss their earnings.
U.S. dial-in: 1-877-407-9208
International dial-in: 1-201-493-6784
Live broadcast: c212.net/c/link/?t=0&l=en&o=3093107-1&h=539919079&u=http%3A%2F%2Fpublic.viavid.com%2Findex.php%3Fid%3D143872&a=here
What leads me to believe that this will be a significant earnings beat is the following:
On their Form S1 filed 2/July/2020, Kubient indicated that quarterly revenue was expected to reach $500,000/quarter if their contract with the Associated Press was renewed.
See SEC filing for reference:
sec.gov/Archives/edgar/data/0001729750/000110465920080690/tm2023792-1_s1.htm
Search for the words "from the AP Agreement" on the document for reference.
This contract appears to have been renewed.
Here is more on how it originated and progressed.
adexchanger.com/the-sell-sider/the-associated-press-boosted-revenue-by-culling-its-ads-txt-file/
KBNT Inverse Head & ShouldersKBNT has developed an inverse "Head and Shoulders" pattern this month. This is a strong indicator that the down trend is about to reverse up.
After the price crosses the "Neck line" (About $7.43 +/-) it is possible that KBNT will breakout gaining $2.50 in value (The height of the head to neck line) arriving at a potential target price of $9.93.
Just my opinion, not financial advice.
BEAR MARKET IS HERE! DO NOT OPEN LONG POSITIONS! These are the tickers which have closed below their 200 EMA today.( definitely entered Bearish trend)
Please pay attention to increased volume during down trend and the very same day these tickers closed below an important level.
Interestingly , Amazon with its sold fundamental and 3rd biggest market cap is among these companies.
Long Digital ad space, earnings run upTTD crushed earnings on Feb 18th by beating eps by 60%, revenue by 9% and guided higher next quarter. MGNI provides sell-side advertising platform (ER on 24th) for possible earnings run up and same sector play. The open interest for March $60 calls is over 6000.. KBNT is another stock in the tech ad sector, but it already gapped up over 80% last week. APPS gapped up friday as well. Good Luck!
TTD low cheat breakout (Mark Minervini VCP)Buying 10% position in TTD here. Breaking out of "low cheat" pattern per Mark Minervini investing style (See his book "Think & Trade like a Champion"). This is an early entry that indicates the stock should breakout it's typical pivot point.
Volume on the breakout today is already over 400%!!
Stop loss around 8%
20-25% profit taking target.
TTD: Buying opportunity with the trend"Trend is your friend" as they say and for me it's a personal guiding though implemented in my technical analysis.
TTD's correction has ended and currently we have a affirmative bounce from the internal fractal support line. RSI and MACD's histogram are signaling for a reversal, though MACD hasn't made it's crossing yet.
Thursday's close was with a pinbar and Friday we saw some goo buying action supported by above average daily volume of activity. In worst case scenario if bulls loose control we may see a further drop towards the $633 - $600 zone.
TTD - Hammer candlestick reversal patternI wanted to go over reversal candlestick patterns in down trends for symbols TTD.
TTD - Is a stock I've been following for years and recently posted a good earnings report.
On jan 7th, we had a hammer candle after a downtrend whih means a possible reversal.
The fib retracement was close enough to the most common .618 retracement level.
There was strong support there as well from the earnings gap up area of $702
reversal hammer candle on daily timeframeI wanted to go over reversal candles in down trends for symbols TTD. TTD - Is a stock I've been following for years and recently posted a good earnings report.
On jan 7th, we had a hammer candle after a downtrend which means a possible reversal.
The fib retracement was close enough to the most common .618 retracement level.
There was strong support there as well from the earnings gap up area of $702
If you have any questions, please leave a comment
TTD found support on long term trendlineOn the positive side, TTD is now trading on the long term trendline, which coincides with the .786 fib retracement level. Also, the Stochastic is in oversold territory and curling up.
On the negative side, however, the MACD still has a lot of room to go down and TTD is below the three main moving averages on the daily: 14-ema, 21-ema, and 50-ema. The 14-ema seems to be crossing over the 21-ema, which is also a bearish sign (this could be reverted rather quickly though if TTD sees a move up the next few days).
Detailed view:
Hopefully the price will hold and start moving up.
I already have a position on TTD. I am not buying at this level. If the price holds and confirms a move up I may add to my position. If the price breaks below the trendline I will look for other support levels to add more.
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***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***