Trade ideas
DDOG - ONE MORE JUMP AWAITING.DDOG - Looking good on daily time frame, one more jump is awaiting buyers volumes are coming in gradually.
Go for buy at current price of 103.10 with an stop loss of 98
Potential upside target 114
Follow the levels as mentioned in the charts.
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DDOG long set upDDOG is setting up for a breakout pattern from the wage. Stock is up 190% from March low. consolidating or breathing after such as long run. Not showing any weakness in this past few red days from market. Likely move higher. Excessive volume spike shows push downward less likely it seems. Will look for confirmation in the coming week to go long.
This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
DDOG Analysis Daily
Island Bottom Reversal
Ascending Triangle
Bull Flag
RSI rising since 8/7 close to crossing 50
Loss of Bearish Momentum
SMI Triple Bottom
MACD Double Bottom from 03/16 low
4hr
3 White Soldiers
Rounding Bottom + Bull Flag
Intraday Ascending Triangle
Strong Bullish Momentum
Low Volume Consolidation at Resistance
Interesting Elliott Wave CountInteresting long term Elliott Wave count on the daily chart. What makes this count interesting is where some of the fib extensions land; wave 4 projection finds its end near a gap ($61.10) and a possible wave 5 projection ends at former support turned possible resistance ($83.86). I have no idea as to the date this will take place, but I am thinking it will follow the channel down to the gap.






















