Hello fellow traders and investors, DDOG has pulled back to the trendline that serves as a support and previously has always reversed, if DDOG makes a full recovery it offers a 13% ROI.
Technicals:
The Macd is oversold
The EMA's indicate that DDOG is still in a downtrend
DDOG is testing the trendline that acts as a support
When To Buy:
When the Macd crosses its EMA
When the EMA's crossover
I hope you enjoyed the quick analysis and much more to come!
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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.