3QD trade ideas
DDOG SHORT Good Risk/Reward = 4.32Another good one, although shorts are less likely to work in this market.
ABC BullishDDOG is hanging in there..there have been a few deep pull backs as of late..
The longer term moving averages are lined up correctly, the 100 is over the 200 and the 50 is over the 100, and tilting upward. The 20 is under the 50 and is flat...Ill feel a little safer when the 20 turns upward..
I see S at 94.75ish and at 92ish..then at long entry level as well as gaps below price. One looks like a break-away gap which is the least likely to fill in the short term. Ive noticed when a stock gets in to trouble later on and a deep pull back occurs, a break-away gap does come in to play..
NV and OBV are both high..short interest is a bit over 9%...weekly and monthly carndle remain dojis..
Practice does not always make perfect, it makes habits, or repetitive behavior, unless you are practicing the right things..
Not a recommendation
DDOG, Closed above 50MANASDAQ:DDOG closed above the 50MA and next pivot is 118.13. It has a good setup to give an approximate 16% profit.
Bullish consolidationDatadog is consolidating nicely up against the 100usd (ish) resistance. Forming higher lows on its way up. When it breaks there will be some profit taking again in the 116usd supply zone. Would be perfect if we will retest the 100 as support #SRFLIP and send Datadog to the moon afterwards!
Bit of a messy chart but at first I was looking for it to range but since I have seen consistantly higher lows I am chancing my bias.
Not financial advice, purely my technical analysis.
#Bullish
DDOG over 99.61ConThis has moved well and been a nice trade up from the 90s and looks to continue beyond the psych level of 100.Confluence at the fib and VPOC at the 103.50 area can serve as a first target, second above at 110.92.
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Key Levels on DDOG Found some supply levels today and an EOD push. Looking for continuation. Note that insider sold ~$1 Million worth of shares recently.
DDOG Narrow Dec Pivot Range
Narrow Pivot Range for December.
Watch for acceptance above pivot range & pml & pmc.
Buy Signal: 91.38Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
ABC BullishJust over entry level on Friday
There are no rising wedges in the yearly chart
Monthly and weekly candles are dojis so no help
Stop goes under C as a rule but I also see S at 82ish
Just an observation
ABC targets are calculated using the AB leg
$DDOG .786fib and trendline supportLooking for 84ish to hold, but has been respecting fibs and this trendline support. Good spot on the chart with some room to the upside and reasonably tight stop, good risk/reward
$DDOG to $120 by end of Januarylooks like the wave 4 retracement has bounced off the 618 level. The pitchfork shows lots of good reactions. Confluence of wave 5 and equal legs of pitchfork at 120-130 by end of Jan.
looking for some upsides
DDOG 78 was the dip entry but you can still long here, sl 79.9 short term pt of 90-92.but under the bottom line breaks its put season!
Near the support zoneA Cloud Disruptors IPO share, it is like a rising star.
Datadog operates a fast-growing software platform that monitors customers' cloud activity and mines it for business insights. it is a 28B market cap share.
Now it has reached a support zone and another one lies around 60$. I suppose that it will find its support levels soon and start a big run upward.
Important: You must have your own risk management! Don't borrow money to buy stocks(Zero leverage)! Invest in the long-term, minimum of 3 to 5 years! Diversify by buying more than 10 stocks in your portfolio!
Traders! if you like my ideas and do take the same trade.
Disclaimer
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Retracement back to the 50% fib extension at $73.68 SHORTDDOG was part of the Covid WFH pump and its valuation reached unreasonable altitudes. Conservative downside to $73.68. Potential H&S pattern.
DDOG longBuy levels: $103.79 and $102.61 and $97.25 and $95
Resistance levels: $102.61 and $103.79 and $109.70
Support levels: $99.06 and $95.40 and $93.60
Cut loss: Below $93.60
Earnings date: 11/10
Estimated move: +4% and +10%
Price targets: $104 and $110
Analysis: Data dog looks to be in a bull flag that should push it higher above the 102.61 resistance. Buying above that resistance level is a good idea for a push further!
