TRADE DESK BREAKOUT (26.07.19)Trade Desk had a powerful breakout today. Volume was also huge. A good opportunity to buy the stock.
TTD
TTD UpdateTDD looks to continue its trend upwards. Right before earnings the stock trends upwards based on past performance.
TTD Long entryTTD is one of those solid fundamental companies you want to own. The company seems to either get beat down or takes off around earnings. Even though earnings were higher than estimated the stock got beat down. I see this as a good entry point. TTD is very over sold here and just starting a run higher IMHO.
TTD going UP from here?Shares of Trade Desk Inc (NASDAQ: TTD) have nosedived 12 percent since Friday morning amid investor concern over Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) possibly considering restrictions on third-party ad targeting on Chrome.
The investor reaction appears overblown given the company’s solid fundamentals, according to Oppenheimer.
The Analyst
Oppenheimer’s Brian Schwartz maintained an Outperform rating on Trade Desk with an unchanged $210 price target.
The Thesis
Adweek reported Friday that Google was considering restrictions on cookie tracking in Chrome, similar to what Apple Inc. (NASDAQ: AAPL) has done for its Safari browser, Schwartz said in a Wednesday note.
The pressure on Trade Desk’s stock appears excessive, and higher estimates will lend upside to its share price, the analyst said.
Trade Desk’s Safari desktop revenue continued to grow when Apple enacted similar restrictions in the past, Schwartz said. Moreover, the company’s key growth drivers — ConnectedTV, mobile and China — are strengthening and do not use browser cookies, he said.
Trade Desk's fundamentals are solid and it is executing wel, the analyst said, adding that its business momentum continued to be strong in the first quarter.
TTD Earnings Miss Model Predicted but was it pred. today's drop?So... The model predicted a price drop at earnings... well did it happen prior?
TTD Earnings | Price Expected to Plunge After per modelEarnings model predicts peak proir to earnings in price / Optimal Sell Point is prior to earnings release
brschultz / markettimer777
TTD to hit bottom /optimal buy point in Mar-June of 2020Took TTD daily data and input into momentum model (eue.tu.wb) and model predicts an optimal buy point for TTD between March - June 2020
brschultz aka markettimer777
TTD ( The Trade Desk ) Going Short @ $134.00 - brschultz youtubeMomentum Model suggests TTD is peaking, expect it to bottom in March 2020
TTDAt the level @ 60, static resistance.
Enter if price hold above @60.10$
Stop: 58.90$
Take profit 1: 62$
Take profit 2: 63$
TTD-Good continuation moveTTD moved to a new closing high on Friday. The main trailing stop remains at 53.55.
TTD - Flag formation Momentum trade from $40.13 TTD had a very good run recently & now seems forming a flag formation. We are looking for a pullback to get in to the trade & would hold it updating the stoploss behind the trade.
* Trade Criteria *
Date First Found- February 28, 2017
Pattern/Why- Flag setup (Possible Day Trade)
Entry Target Criteria- Pull back to $40.13
Exit Target Criteria- Momentum
Stop Loss Criteria- $36.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)
