I am looking for short buy on dynatrace at the end of this week or early following week. The market seems ranging between the two support zone lately for long time and I can't see the trend breaking anytime soon. From the current looks, it does like to go to support zone before retracing back to sell zone. I am expecting it to be a good buy on a weekly chart.
The PEAD projected a Neutral outlook for $DT after a Positive Under reaction following its earnings release placing the stock in drift A.
Stock is very oversold on the rsi. We retraced to fib level. I'm tempted to sell some puts on this stock.
$DT is a wonderful ticker for examining how Supply and Demand Zones work while trading. As shown on our chart, once we've identified a potential supply zone, denoted by the red box, sellers will consistently step in at this range, and price will consistently reject until we break out. Upon breaking out, this demand zone becomes a SUPPLY zone, denoted by the green...
DT has been using its recent resistance as a strong support level since its IPO. this is a very predictable pattern and very easy to trade! If history repeats itself (which is the most likely scenario) we can target 70-80 levels in the near future! goodluck, like and follow for more 💘
$DT in a strong upward momentum trend (Upper Channel) Healthy Pullback/Bullish Retracement to the .618 Fib / Support Level and buy zone. Check the chart for my Target on this trend reversal. Please provide any insights that I missed on this or other time frames. Thanks and Best of Luck.
Some possible levels for DT. Sold off recently and below 200DMA
11/17 A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
I've been leaning bear for so many weeks now that I'm already looking for growth names to go long on after a much-needed pullback across indices. Before the long entry, though, it is advisable to wait patiently for a pullback. As much as it sucks, the equities market will likely experience either a sizeable correction or short-term crash due to sustained, extreme...
Dynatrace Inc offers software intelligence platform for the enterprise cloud. The intelligence platform is designed to address the growing complexity faced by technology and digital business teams. The platform utilizes artificial intelligence at its core and advanced automation to provide answers, not just data, about the performance of applications, the...
DT is testing resistance along the upper trend range. We have some ranges to settle before testing the overhead supply in the trendline above. A break of the current buy zone range will likely find resistance at the mid-range supply created around $52. A confirmation of a check back to the buy zone indicated on the chart would give a nice entry for a move to test...
$ NYSE:DT entry below $53. First PT $55.50. SL Close below $50.30
I am looking to play a Put today as we get closer to another possible breakout of an consolidation phase. we have had some nice strength during NASDAQ/QQQ Sell off and I want to hedge my shares till it's ready to test the ATH again. Short-term Put to follow with a long call once I see a bounce off the major support line. GL and enjoy your stimmy!