Its safe to assume we are in the beginning of a tech bubble "unicorn" in plain sight. With the economy continuing to lift and the all time highs of jobless claims we are looking to see companys like DDOG and
Gw Magic Overlay hasn't signaled any momentum loss since it started climbing on the 30 min time frame. Even after a 30% move during market hours yesterday it still managed to climb after hours.,
Hollow candles have reached a higher high pre-market than after hours yesterday.
Parabolic SAR is in strong uptrend.
Pivot point/support line is $57.69 and looking to test $63.18 today. Looking to Test and breakout past R5 level at $74.02 if momentum continues past R4.
Stocastic RSI on a 20ma comedown look for the coil up.
Trade active
PRICE TARGET UPGRADED TO $75Trade active
DDOG testing $67.58 R5 band on 10 min time frame.Note
Coming up for retest number 3 on $67.58 R5 band on 10 min time frameTrade active
DDOG still on the slow climb up they are valued pretty fair but June contracts look promising to hold for the longDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.