TTD Weekly Cup and handle - ~146 targetTTD poised to hit 146. Good for long PCS, C and H formed, neck line broken. Showing bullish wedge.
TTD trade ideas
The Trade DeskThe Trade Desk witnessed a strong rebound after forming a new higher low at 85.12$, violating the major peak 92.18$ - 94$, and the confirmation of that breakout by remaining above 94$ in Monday's session, will confirm the major uptrend. which will trigger further rises near 97.30 - 99.50 - 105 - 110.87 - 114 on the short term.
the indicators are heading towards the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
$TTD Nearing a breakout from a basing patternNASDAQ:TTD Look for a breakout on good volume above $94. Since market is already up so much in 2 weeks I would like to see a pullback here and then jump higher.
Small positions to begin if breaks above $94
TTD The Trade Desk Options Ahead of EarningsIf you haven`t bought TTD before the previous earnings:
Then analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 90usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $5.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TTDLooks like a descending triangle here which is bearish. Price got rejected 3 times at resistance last week. There's a gap at 77 and that is my bearish target for this week.. price may trade inside triangle until earnings
📈 Bullish Outlook on The Trade Desk (TTD) 🚀🔍 Analysis:
Industry Resurgence: NASDAQ:TTD operates in the digital advertising sector, poised for growth in 2024.
Strong Forecasts: Q1 2024 forecasts predict a robust 25% year-over-year revenue increase.
Investment in Innovation: TTD's significant investment of $411 million in R&D in 2023 highlights its commitment to innovation.
💼 Trade Plan:
Entry: Consider entry above the $68.00-$70.00 range, signaling bullish sentiment.
Upside Target: Aim for profits in the range of $140.00-$145.00, reflecting confidence in TTD's growth potential.
Risk Management: Set stop-loss levels to manage downside risk and protect profits.
📈 Note: Monitor market conditions and company developments for optimal trade execution. Stay informed about industry trends and news impacting TTD's performance. #TTD #Bullish 🚀
TTD The Trade Desk Options Ahead of EarningsIf you haven`t sold TTD ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $4.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade Desk Shares Spike on Revenue Beat and Strong GuidanceThe Trade Desk ( NASDAQ:TTD ) is making waves once again. The company's recent announcement of robust first-quarter guidance and revenue surpassing expectations has sent its shares soaring by over 18%. This remarkable performance underscores The Trade Desk's pivotal role in the evolving landscape of advertising technology.
The Trade Desk's Impressive Performance:
The Trade Desk's ( NASDAQ:TTD ) fourth-quarter sales surged by 23% compared to the previous year, reaching an impressive $491 million. Net income also experienced a notable uptick, rising by 37% to $97 million. These stellar results have positioned the company as a frontrunner in the realm of digital advertising platforms.
Future Growth Projections:
Looking ahead, The Trade Desk ( NASDAQ:TTD ) anticipates first-quarter sales to exceed $478 million, outstripping analyst estimates. Moreover, the company's board has authorized an additional $647 million for share repurchases, signaling confidence in future growth prospects. This strategic move further strengthens The Trade Desk's position in the market.
Navigating the Shifting Advertising Landscape:
The Trade Desk's ( NASDAQ:TTD ) success can be attributed to its focus on providing cutting-edge technology tailored to the needs of modern advertisers. As traditional television gives way to connected TVs and streaming platforms, the company has adeptly capitalized on this transition. CEO Jeff Green emphasizes the significance of precision and premium value at scale, particularly in emerging channels like Connected TV (CTV) and retail media.
Rise of the Connected TV Market:
The Connected TV market is poised for substantial growth in 2024, riding on the broader recovery of the digital advertising industry. This trend aligns with the shifting preferences of advertisers, who are increasingly drawn to platforms offering targeted reach and measurable results. The Trade Desk's ( NASDAQ:TTD ) expertise in this domain positions it favorably to capitalize on the burgeoning opportunities presented by the Connected TV landscape.
Competitive Landscape and Industry Trends:
While The Trade Desk ( NASDAQ:TTD ) continues to thrive, other major players in the digital advertising arena are also making strides. Amazon, Meta (formerly Facebook), and Google's parent company Alphabet have reported solid performances in the fourth quarter. Amazon, in particular, experienced a remarkable 27% growth in its ad business, underscoring the significance of e-commerce in the advertising ecosystem.
Conclusion:
In conclusion, The Trade Desk's ( NASDAQ:TTD ) stellar performance in the fourth quarter, coupled with its bullish outlook for the future, reaffirms its status as a leader in the digital advertising space. As the Connected TV market gains momentum and traditional advertising channels evolve, The Trade Desk ( NASDAQ:TTD ) remains at the forefront of innovation, poised to drive value for advertisers and shareholders alike. With a strategic focus on precision targeting and scalable solutions, The Trade Desk is well-positioned to navigate the dynamic landscape of digital advertising with confidence and agility.
TTD looks like it's ready to explodeTTD setup looks excelent:
- The long term log scale trend line has held
- Tested and held the 200 Weekly MA twice
- The 20 Week MA has been tested and multiple times and price looks ready to start closing above it
- The short term down trend has already broken with the last weekly closing candle
This could be the start of the next impulsive move up. I am playing this by buying shares and having some exposure to short and long term options.
TTD Coiling Before EarningsTTD has been looking really good lately. Been tightening in a wedge since mid 2023. Currently sitting above the major EMAs and working on an inside candle today and showing decent relative strength after the weak CPI print earlier this morning. Earnings in 2 days, and have posted 5 consecutive beats.
$TTD Downtrend test incoming and major triangle formingTTD is just a strong resilient stock. one of the top 25 in the Nasdaq this year. there was speculation they were going to be added to SP500 but ended up being uber. It's consolidating here but in an uptrend. it also looks like it has a triangle forming here
TTD The Trade Desk Options Ahead of EarningsIf you haven`t sold TTD on this bearish chart pattern:
Then analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2023-11-10,
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TTD 10/8/2023TTD
Uptrend move for the 1st half of 2023. Double Top pattern formed July & August 2023 that broke down trend.
After uptrend was broken, price started to move sideways and had formed a descending triangle.
Price finds itself at resistance area of triangle.
Will be entering trade short.
Entry: 82.32
Stoploss: 92.45, -12.31%
Target : 42.61, +48.24%, 3.92 RR ratio
$TTD - attractive risk reward NASDAQ:TTD Back on August 9, I posted that The Trade Desk was showing signs of a double top. Since then, the price has fallen by 30%.
With the adverse reaction to the earnings report on Friday, the risk-reward ratio has improved, and I bought a tiny starter position.
Why?
Well, the stock bounced from the 61.8% Fibonacci retracement, and both RSI and MACD stayed above the previous low, still showing bullish divergences. The area where the stock bounced on Friday is also where the price meets the parallel trendline projection based on the upper trendline.
Can it go to the $55 to $50 range? Absolutely. If that happens, I will have to DCA.
Upside targets:
$71
$76
Downside risk:
$55 to $50
Bullish on TTD?
Here, as you can see on the weekly chart, we have formed a double bottom. We are also bouncing off of the 25 EMA as well. The volume was a little higher than last week. And we have had 2 green weeks in a row. Also, the MACD has turned bright red indicating that potentially the selling pressure has subsided. Also, the technicals are all pointing bullish. Also, on the daily chart to finish off this previous week, we ended on a strong bullish candle with high volume and the MACD turned green.
Potential short idea TTDIf TTD closes below 75.48, it would be a good short setup. Target 1 in 62,45.
Climatic upmove, breakdown and a low volume pullback.
If it breaks 80 I expect a retest of the 89.90 area.
$TTD - Double top!NASDAQ:TTD It looks like a double top. RSI and MACD are showing bearish divergence. So I bought tiny amount of puts today. My downside target is $76 after ER. 👇
Bullish Alert : TTDNew bullish alert on TTD together with a new attempt to create a bullish crossover by our EMAs.
Waiting for the next move.
Up, to confirm the crossover and the end of the pullback
Down, to extend the pullback lower.
Cup & HandlePrice has broken the high on the sell side of the cup.
Targets calculated using cup depth.
Overbought with RSI set on 80 vs 70. The setting of 80 is sometimes used for high momentum movers.
T1 has been met. T2 is calculated in case T1 is passed.
No recommendation.
TTD Entry, Volume, Target, StopEntry: when price clears 78.60
Volume: greater than 7.15M
Target: 87 area
Stop: Depending on your risk tolerance; 75.81 gets you 3/1 Reward to Risk Ratio.
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 trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
The Trade Desk primary trend remains bullish.The Trade Desk - 30d expiry - We look to Buy at 78.11 (stop at 73.11)
The primary trend remains bullish.
Previous resistance at 79.50 now becomes support.
A lower correction is expected.
We look to buy dips.
This stock has seen good sales growth.
The hourly chart technicals suggests further downside before the uptrend returns.
Our profit targets will be 90.11 and 92.51
Resistance: 90.50 / 92.00 / 94.00
Support: 82.70 / 79.50 / 77.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TTD Looking BullishNice bounce off the 21DMA right back in to resistance. Watching for a potential resistance/support flip for the next leg higher.
