TTGT has seen a bit of a slide since it's peak in October of 2021. It's possible that growth stocks broadly will be pulled down and this one seems like one of the weakest.
I looked at this on daily and did not see anything except a recent bear flags.
I switched it to the weekly timeframe and I see an M with peak 2 higher than peak 1 so possible Shark. This took a nose dive past the .786 so is not a Cypher.
Sharks terminate at the .886 or the 1.113 on the 4th leg (1.113 would be significantly under $10)
This stock is not...
Strong Stock in the Russell 2000. It has great strength long term and short term. I love the company, and it is at a time where the russell is at long term support, and TTGT lies right above its average price + volatility (keltner)
$TTGT 8 months cup with handle
$92.75 traditional pivot trigger
Down sloping red line for early entry
The accumulation pattern during base building is incredible
OBV making numerous nigh highs before price
U/D ratio just shy of 2 - STRONG accumulation
$TTGT 7 months cup w/ handle looks perfect
* Up/Down vol 1.97 (strong demand)
* Multiple pocket pivots through out the base
* all resulting in OBV printing 7 new highs before price in that handle
A lot of green and closing in on top band with DMA on 80. Close to overbought on daily RSI set on 80.
There is a bullish marubozu candle which can function as a bullish Belthold down at the bottom. The green marubozu candle has 2 shaven heads, both top and bottom and indicates the bulls controlled the entire day. Price never dipped below the open and closed at...
Earnings 5-5 After Market Close
TTGT is struggling on it's attempt to get back it's momentum it displayed on it's first trip up, but is inching upward. Negative volume (indicator under RSI) is high which shows interest. The Negative Volume Index (NVI) is a cumulative indicator, developed by Paul Dysart in the 1930s, that uses the change in volume to decide when...
TTGT has been a rocket stock for sure. It has had a long rally straight up.
This is a weekly chart. Price shoots directly up with very little pullbacks noted.
This is usually not sustainable. There are no bearish rising wedges in the yearly chart which is almost unbelievable! But TTGT does look like it arced.
No recommendation
I have been waiting on this one to pull back..Possibly a bit further before it lands..Possibly a "play and you pay" take-off from an ABC bullish pattern..
Was up too much, too fast on Friday. Sometimes when this happens, too much too fast kind of thing, it can throw the stock for a loop
Only time will tell I guess..
No rising wedges noted in yearly chart....
TechTarget Announces Definitive Agreement to Acquire BrightTALK, a Leading Virtual Events Platform in the Enterprise IT Market
TechTarget, Inc. (Nasdaq: TTGT),the global leader in B2B technology purchase intent data today announced a definitive agreement to acquire BrightTALK, a leading marketing platform for webinars and virtual events in the enterprise IT...
Chart has it all. Earnings is perfectly illustrated in the chart. If earnings were good and the stock sold off it would be bearish, but it didnt, so it is certainly bullish.
Techtarget is one of those companies where I have tried to read the description of what they actually do, and I still don't understand it. Their chart on the other hand looks good. Might be a bit overbought at the moment looking at the RSI, but always good to see a stock running well post earnings. Could be worth a look.
Bullish uptrend intact.
7&12 moving average cross.
Bollinger bands pinching closed, signalling a move imminent.
RSI bullish.
MACD crossing above zero line, short cover signal.
Short interest 7.25%
Company profile
TechTarget, Inc. engages in the provision of online content for buyers of enterprise information technology products and services. It also offers...
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SHORT TERM PRICE TARGET $28 +15%
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TechTarget, Inc. engages in the provision of online content for buyers of enterprise information technology products and services. It also offers purchase-intent marketing and sales services for enterprise technology vendors. Its products portfolio includes demand generation, brand consideration,...
