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Datadog, Inc.
Short
Feb 17, 2022
$DDOG Short Opportunity
0
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DDOG
broke out of support level of past 1 month ascending trendline.
Confirmation candle present, conservative shorts can look to enter when price approaches support-turned-resistance levels.
Stop loss will be once price breaks out of resistance trendline with confirmation
TP 1: $161
TP 2: $156
Advisable to be short biased during this period as well, at least till the end of next week.
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Fibonacci
Support and Resistance
Trend Lines
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