Price was in a crooked W pattern which is probably an Alternative Bat that terminated just above the 1.113. Valley 1 is higher than valley 1.
Price is above the .618 and below the 50% mark of the trend up.
No recommendation.
Ugly red candle today.
Short interest is around 5.5%
Saw a lot of action on $DDOG 2 Day OTM $97 Calls today. BIG Money sweeps. They aint look like hedges. Competitors had good quarters so expect their numbers to be GREAT - Also technicals are SCREAMING pump. Mediocre numbers and Calls print.
The CCI positive divergence, increase in volume, and downtrend break up are all bullish indicators for the underlying asset. Additionally, the stock s able to close above a key resistance level, it could signal further upside potential. As an investor, it's important to weigh the potential upside against the risk and consider diversifying your portfolio. As...
Demand Zone Confirmation + retest
Earning 11/3/2022 reported 0.23
Entry 74
Stop 66
Target 85, 105
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
$DDOG is getting very close to the neck line of this H&S on the daily chart. Waiting to see if there is a break then retest of the neckline for short position.
Descending Triangle within the Rectangle.
Both are neutral patterns until broken.
Earnings early November 3rd BMO.
No recommendation.
Price has broken the support line and is now back above it.
Support line is 80.40.
Wacky world we live in (o:
Stock showed relative strength on Tuesday, 27Sep. It has strong analyst ratings and there is some bullish options activity is occurring. Stock can at least head up to yellow line as a first target. Above that on the daily chart you can see 101, 107, and 111 as upside targets. For confirmation I would like to see Stochastic %D move over 80 and RSI go over 70 (and...
DDOG starting to look quite nice here as buyers are starting to step in so long that the broader markets don't pullback. DDOG has been holding a big falling wedge for quite some time, getting rejected by the 20-day SMA, however will be keeping a close eye on DDOG with buyer volume starting to increase relative to seller volume. Bullish and will be looking for a...
