stock $93.63
Sept 1st strike 94 call $3.4
93.63 - 3.4 = 90.23
+3.77%
2 Contracts (200 shares)
If shares taken, sell at 94.0 and credit $754.00
Analysis:
- above 200 day ema
- gap will be filled. FVG overhead.
- However, environment is bearish.
So I'm of the belief that we have completed a large wave 1-2 and the bottom is in - If all this is true this is probably the best time to start buying this as it should start trending higher for quite some time, targets are always tricky here but they are derived off key fib extensions under the assumption that our first impulse leg of wave 3 has completed.
Copy & Paste from IBD:
Datadog earnings for the second quarter were 36 cents per share on an adjusted basis, up 50% from a year earlier. The enterprise software maker's revenue jumped 25% to $509 million.
Meanwhile, analysts expected Datadog to report profit of 28 cents a share on revenue of $501.6 million. A year earlier, Datadog earned 24 cents on revenue of...
Notional value - 3.5M$
ur team studies the options market and how it affects stock prices.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination...
It's a nice rally that Datadog share price can touch easily $126, it can take correction from $115 to $109, but the short term correction would be fuel for go towards $126.
This is a copy&paste from a Bank of America Global Research Note:
"DDOG is an infrastructure software stock with a breakout from a 2023 double bottom on the move above the 88-90 area that favors further upside to 116-121 (chart resistance and double bottom target). A bullish flag pattern correction toward the 90-88 area bodes well for a retest of the double...
NASDAQ:DDOG is struggling to make new highs. It needs to hold this support. The doji that formed at the end of the day does not bode well for a breakout. Does this mean their dream to chase down NASDAQ:SPLK market share may have to wait?
Bullish Case - This is a tough level but not impossible. If they can add more value to shareholders, it can attract more...
Hi Folks,
DDOG start to draw an orderly consolidation. the consolidation is not yet mature, but worth to keep under surveillance.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks.
• Orderly consolidation with higher lows & tightening range
• RDM, VCP
• Stocks surfs the rising EMA 10 or the EMA 20
• Volumes are...
Datadog is a big AI name that has come back to life in a big way.
After falling 68% in last year’s bear market, the stock has surged 58% in just the last two months.
The shallow base formed over the last few weeks took place on lower-than-average volume – a hint that institutions are not selling and the stock is becoming harder to buy.
DDOG is now trying to...
NASDAQ:DDOG clean supply line around $100 level caught my eyes during chart flipping this afternoon.
Declining 200 MA line makes this less than ideal setup.
Entry: when price clears 103.80
Volume: with daily volume greater than 7.9M
Target: 132 area
Stop: Depending on your risk tolerance; 94.42 gets you 3/1 Risk/Reward.
Resistance: 121 area
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this...
Datadog is a big-data company helping businesses unlock the full power of their datasets. The firm's real-time data-monitoring platform helps make it convenient for corporations to generate insightful analyses across the entire stack. The company also looks to be building a nice ecosystem across other market verticals: the firm launched Audit Trail, its...
The intrinsic value of one DDOG stock under the Base Case scenario is 42.83 USD.
Out of 19 analysts, 9 (47.37%) are recommending DDOG as a Strong Buy, 8 (42.11%) are recommending DDOG as a Buy, 2 (10.53%) are recommending DDOG as a Hold, 0 (0%) are recommending DDOG as a Sell, and 0 (0%) are recommending DDOG as a Strong Sell.
Datadog is trying to put end to what has been a vicious Stage 4 downtrend.
The stock fell 68% in last year’s bear market but is now rising quickly off the lows.
DDOG has reclaimed its 200-day moving average (white line on chart) for the first time in over a year after reporting better-than-expected earnings numbers last week.
The stock has stalled just under...
