Nice bear consolidation here. Stop over $70 Target $60 area
1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 73/61.80%
$DDOG still in stage 1 and not showing much strength in this market. A favorite target long term and not afraid to DCA at these levels.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 85/61.80%
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.
Low risk buy here, specially if the stock breaks into higher highs tomorrow... Best of luck! Cheers, Ivan Labrie.
Although there is a bowl formation on the chart, let's look for a second close above 83.21.
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.
Red horizontals are strong resistance, i expect green level to be tested within the next 3 months. Good area to buy long term.
$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.
we are in last minutes of correction for jump $135 as wave E , and after making wave F we can go above $200
If we do not fall below 74, the nearest target is 111, if we go higher after the rollback, we will reach 140 using the Wyckoff method.
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...