TTD trade ideas
$TTD Trade The Trade DeskEntry level above resistance @ $290 = Target price $334 Stop loss $280
Short interest remains high at 15%
Company profile
The Trade Desk, Inc. is a technology company, which engages in the provision of technology platform for advertising buyers. Its products include audio advertising, mobile advertising, native advertising, data management platform, cross-device targeting, and inventory and marketplaces. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.
Awesome Return
TTD pulled all the way back to the 200 sma and bounced...was a perfect entry after having been close to ATH before the pullback. Now it's just below resistance, and if it breaks through it has about ten bucks before it hits anymore resistance, and then about ten more again (then the next stop isn't until ATH ). Also the relative strength is way up and institutional money is really flowing!
TTD Long IdeaGoing long here with TTD. I like to get the timing right but its hard to do. I think of this stock as a great growth stock so I'll hold for a while unless something awful happens. Just had earnings and beat them. Above all of the supporting moving averages. Lets go TTD.
Continuation gap for ttd. 290 pt mid term still plenty of room theres still plenty of room for this to run if you arent already in imo. this is not financial advice. strictly for educational purposes. please do your own due diligence. give me a follow!
Pull back at resistanceExpecting TTD to hit resistance at $243.70 and fade back down towards $229.
Target at $236
Trade:
Buy 240 P if price breaks 243
No Large Resistance Yet on VolumeBuying is staying steady without any large resistance yet. People might not want to give away their position and so are buying in bit by bit.
This is likely to go up quickly
Approaching Elliot Wave 2 for a small profit taking and pullback before carrying on
Breaking through ichi moku cloud is a green light
$TTD -- Clean Head & Shoulders on the daily - Short it!$TTD looks like a very very clean H&S forming on the daily chart with multiple gaps to fill below... currently rejecting the FIB 38.2% should dump quite soon. Short this bitch
Long Term Buy with nice EMA CrossoverThis is one of The Motley Fools 5 weekly "Best Buy NOW" picks (remember their picks are for 3 to 5 year holds). I was looking at the moving averages even before I got the newsletter; and, it looks like a nice entry to me. Be patient on your entry to see where the doji goes and you may get a lower entry....god luck ;)
The Trade Desk: Double-Bottom Resuming Long-Term UptrendI've been watching TTD for a few months, and they're a good growth company that offers an alternative to the mainstream large cap internet advertising firms tied to search engines and social networks, and the earnings have been looking good. They've been consolidating in the short term with the rest of the market, but it looks like they're resuming a long term uptrend now that the overall market outlook has opened up.
The last two earnings calls have been good, but the prevailing market conditions have been more ideal for defensive stocks than growth, but I sense that beginning to change. TTD is forming a classic cup with handle double bottom pattern from the May and Sept/Oct lows of 2019, but should rocket right back into an uptrend anytime now from sound fundamentals. The recent earnings call has been in, and the price is now looking like it will close over all short and long term averages. The 10, 20, and 200 days averages have all been hovering around each other recently, but the short term averages are breaking back out. The 63 day moving average has remaining firmly above the 200 day, so this does appear to be a short term consolidation on the price necessary to create the buying pressure needed for larger all time highs. Volume and accumulation are picking up, so it's not too late before the big fish get their orders in.
$TTD Reversal trade in The Tradedesk Entry level $207 = Target price $244 = Stop loss $200
Bullish on cross above pivot point and 200ma @$205
Indicators have all reversed in bullish manner.
Sellers have been replaced by large buy side dominance.
88 P/E ration - High but reasonable in growth stock
$TTD Trade Desk gets timely upgrade 35% upside Tonights upgrade
RBC Capital analyst Mark Mahaney upgraded Trade Desk to Outperform from Sector Perform with an unchanged price target of $250. The stock closed Thursday down 3% to $185.65. Following the 32% decline from the July highs, Trade Desk's valuation is more compelling, Mahaney tells investors in a research note. Further, the company's positioning as one of the best derivatives off the "strong" secular streaming shift is "very favorable," contends the analyst. He believes Trade Desk's revenue growth and EBITDA margin fundamentals are among the strongest in small-to-mid cap space.
thefly
Entry level above $199 or above middle BB
Medium term Target price $233 = 17% upside
Stop loss $191
