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GoDaddy Inc.
Long
Updated

GoDaddy - Strong Bullish Divergence seen on Daily

85
On the 1 day chart we see a Bullish Divergence appear generally indicating a reversal alongside a broken trendline, as GoDaddy announced stronger than expected financials Q3. Average analyst target price is reading $89 for 12 months. Expect resistance around $75
Note
Awaiting signal form Moving Averages, price has jumped above MA 200 line.

Price may bounce off blue 13MA line, which would be short term support and could lead to another bullish signal, which we may see 'Golden Cross' signal when the gold 50MA crosses over the red 100MA.

snapshot
Trade closed: target reached
snapshot
Shwayze
Also on:
Bullish PatternsGDDYRelative Strength Index (RSI)Trend Analysis

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.
Bullish PatternsGDDYRelative Strength Index (RSI)Trend Analysis
Shwayze
Also on:

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.