I see TTD going to 220 over the next week or so. Double green candlestick pattern indicates a likely bullish flag. As long as TTD doesn't push through that upward trending support line I have drawn, I am confident in it as a bullish play.
Shares of Trade Desk Inc (NASDAQ: TTD) have nosedived 12 percent since Friday morning amid investor concern over Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) possibly considering restrictions on third-party ad targeting on Chrome.
The investor reaction appears overblown given the company’s solid fundamentals, according to Oppenheimer.
This is an update to an earlier post on $TTD. TTD is nearing a support area with 3 different supports and will be interesting to watch. It is approaching the longer term up trend line. Just after that is the shorter term down trend line and under that still lays the 50 day SMA. I'm looking to go long on a confirmed up trend reversal off any of these areas. The...
This high growth name puts a Bullish consolidation after a power earnings gap and with upgrading guidance.
Watch first the wreaks ahead as it's forming strong combination in line with the weekly interval NASDAQ:TTD
The company is now guiding for revenue during the year to increase to at least $433 million. This is up from a previous outlook for full-year revenue of $403 million.
Management expects full-year adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to climb to $133 million, up from previous guidance for $117 million.
This would put...
Guidance is also encouraging, even if it expects things to decelerate in the near term.
The Trade Desk sees total gross spending of at least $3.2 billion in 2019, up at least 36% since the outlay on its platform in 2018.
The Trade Desk sees revenue rising 36% to $637 million for all of 2019 and climbing 35% to $116 million during the seasonally sleepy first...
The sellers are panic selling ahead of the earnings reports but this usual move is excessive with many late-comers fleeing their trades at a loss. The price is sure to rebound following the influx of capital into the share following this exaggerated move.