$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...
Hello dear Traders,
Here is my idea for #DDOG
Wait for daily close above the yellow trigger line (previous month high) to enter trade.
We try to anticipate a 2-2 bullish reversal in the weekly chart
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer...
This is also in a large Descending Triangle and price is currently in a Rectangle. Both of these patterns are neutral until a trendline is broken.
A Nen-Star (crooked W drawn with white lines) is similar to a Shark or a Cypher pattern but the final leg should terminate close to the 1.272.
Valley 2 is lower than valley 1.
Targets above structures are possible...
An Up Channel can be plotted
Before each upward move price tests the 100MA in orange
This test (in white) then leads to a great increase
Currently price is at this testing point, which aligns also with the bottom of the up channel. Upward move is coming.
Good accumulation volume on DDOG. Some of the Software names have been really strong. They bottomed out way before SPY QQQ.
If it breaks above 112, can see 115, 118.76 fast. Want to try JUL 15 115C.
DDOG broke the bottom trendline of a triangle at 113ish.
Recently, a strong rally to the upside.
Appears to be in a channel down and is bumping on the top trendline.
Earnings 8-4 BMO.
Short percent is a bit over 5%
No recommendation
Datadog is an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform.
Annual Revenue:
Datadog revenue for the twelve months ending March 31, 2022, was $1.193B, a 77.9% increase year-over-year. Datadog annual revenue for 2021 was $1.029B, a 70.48%...
