DT - MASSIVE $ selling recently. $1b in selling from one insider alone (20% sell). Looking for a break of 34.93. Stop signal 37.67. Target 1 30.53. Target 24.37 Target 3, 19.33. Could consider August $35 Puts.
interesting company with excellent upward setting. two strategies I see. the first to buy on the strength in the breaking of the area 39.42 wait for a retracement and buy on a fibnodes @ 34.63 independently manage SL and TP NYSE:DT
Recent IPOs and speculative names, such as $BYND and $UBER, have been gaining some attention these past few day. Other than being a speculative name, $DT has an amazing long setup. Recently $DT broke out of it's flag pattern and made new highs for the first time since it's IPO release. $DT pulled back into the breakout area and held with a beautiful Hammer...
Dynatrace has not been actively traded for very long but the daily chart has created a cup & handle pattern which just needs a breakout for confirmation. The backside of the pattern can be interpreted as a bull flag that would have broken out during today's trading session. Notice how the RSI held the 50 level as well as the stock exits an oversold condition. The...