3QD trade ideas
DDOG weekly chart illustrates a short-term price target of $108Datadog is a big-data company helping businesses unlock the full power of their datasets. The firm's real-time data-monitoring platform helps make it convenient for corporations to generate insightful analyses across the entire stack. The company also looks to be building a nice ecosystem across other market verticals: the firm launched Audit Trail, its compliance and governance offering that could be a hot seller among existing customers.
Datadog is a magnificent player in the niche market of FSMA (full-stack monitoring and analysis). Though the firm is relatively small ($31.8 billion market cap), with deep-pocketed rivals, it's hardly an underdog.
Investors are hungry for growth; therefore, they will bid it up.
a parabolic rally with 2 gaps below its butt: reach $93 in MayThe intrinsic value of one DDOG stock under the Base Case scenario is 42.83 USD.
Out of 19 analysts, 9 (47.37%) are recommending DDOG as a Strong Buy, 8 (42.11%) are recommending DDOG as a Buy, 2 (10.53%) are recommending DDOG as a Hold, 0 (0%) are recommending DDOG as a Sell, and 0 (0%) are recommending DDOG as a Strong Sell.
$DDOG double top NASDAQ:DDOG nice bottoming pattern into a double top,. support at the 200 day moving average
Long Trade in DDOGDatadog is trying to put end to what has been a vicious Stage 4 downtrend.
The stock fell 68% in last year’s bear market but is now rising quickly off the lows.
DDOG has reclaimed its 200-day moving average (white line on chart) for the first time in over a year after reporting better-than-expected earnings numbers last week.
The stock has stalled just under $90 per share where it has seen resistance previously. I would like to see the stock consolidate for a few days in this area (yellow triangle) to digest any sellers and then break out to new highs.
A move through $90 on above average volume would be buyable for me.
DDOG - Rising Trend Channel [MID TERM]- DDOG as broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- DDOG has broken a resistance level and given a positive signal for the long-term trading range.
- DDOG has marginally broken up through resistance at 87.00.
- Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
- The short term momentum of the stock is strongly positive, with RSI above 70.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
DATADOG updateDATADOG is ready to start wave E , maybe this time earning have something to accelerate this way
$DDOG Buy IdeaIt could see some more pullback, but still a great place to take position here. Looking for 20% upside for 2- 3 months hold period. The market is very skittish and next week's tech earnings report could reveal if traders are prepared to bid up.
DDOG DDOG is exhibiting a steady decline of -50% price cut every 180d (6m) since early 2022, the beginning of bear market.
If the trend character resumes and fundamentals remain challenged, we shall see DDOG hit pre-covid high before the 3rd 180d window ends.
Another way this can goDDOG can do the PTON move. ZM, FVRR, SPLK, BIG, PTON have all been stocks doing this pattern. Its like a H and S with a solid long term support line. Makes a shoulder, head, then small shoulder and breaks down.
DDOG $150 or $120 entryDDOG doesn't look good in the short term, It needs to corrrect. I would be happy with a visit to $120 to confirm the resistance.
DATADOG Stock Chart Fibonacci Analysis 0304231) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 73/61.80%
$DDOG still in stage 1 $DDOG still in stage 1 and not showing much strength in this market. A favorite target long term and not afraid to DCA at these levels.
DATADOG Stock Chart Fibonacci Analysis 021723Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 85/61.80%
Earnings Miss/Crooked WPrice was in a crooked W pattern which is probably an Alternative Bat that terminated just above the 1.113. Valley 1 is higher than valley 1.
Price is above the .618 and below the 50% mark of the trend up.
No recommendation.
Ugly red candle today.
Short interest is around 5.5%
2 Day OTM Calls for earningsSaw a lot of action on $DDOG 2 Day OTM $97 Calls today. BIG Money sweeps. They aint look like hedges. Competitors had good quarters so expect their numbers to be GREAT - Also technicals are SCREAMING pump. Mediocre numbers and Calls print.
$DDOG: Nice uptrend signalLow risk buy here, specially if the stock breaks into higher highs tomorrow...
Best of luck!
Cheers,
Ivan Labrie.
DDOG // bowl formationAlthough there is a bowl formation on the chart, let's look for a second close above 83.21.
DDOG Long SetupThe CCI positive divergence, increase in volume, and downtrend break up are all bullish indicators for the underlying asset. Additionally, the stock s able to close above a key resistance level, it could signal further upside potential. As an investor, it's important to weigh the potential upside against the risk and consider diversifying your portfolio. As always, it's important to conduct your own research and consult with a financial advisor before making any investment decisions.
DDOG LongDemand Zone Confirmation + retest
Earning 11/3/2022 reported 0.23
Entry 74
Stop 66
Target 85, 105
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
DDOG levelsRed horizontals are strong resistance, i expect green level to be tested within the next 3 months. Good area to buy long term.
