TT8 trade ideas
TTD found support on long term trendlineOn the positive side, TTD is now trading on the long term trendline, which coincides with the .786 fib retracement level. Also, the Stochastic is in oversold territory and curling up.
On the negative side, however, the MACD still has a lot of room to go down and TTD is below the three main moving averages on the daily: 14-ema, 21-ema, and 50-ema. The 14-ema seems to be crossing over the 21-ema, which is also a bearish sign (this could be reverted rather quickly though if TTD sees a move up the next few days).
Detailed view:
Hopefully the price will hold and start moving up.
I already have a position on TTD. I am not buying at this level. If the price holds and confirms a move up I may add to my position. If the price breaks below the trendline I will look for other support levels to add more.
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Buy - $TTD - The Trade DeskShort term signal generated.
Buy TTD at market.
S/L: $520
T/P: $1000
Price could potentially fill the gap to 670/650 but overall I'm bullish on TTD.
TTD Bullish Short TermDisclaimer: This is just my personal opinion and I am not licensed to provide investment advice.
Looking at 4 indicators (mainly VPVR, Aroon and OBV combined with ema on OBV) TTD seems to be a buy at the current price level. Targeting $900 in the next couple months.
I rarely do puts, but im tempted to get some here..hmmmuptrend since the start for TTD, great chart here but the trendlines dont lie! rejected here and should test 500-600 before a big move to the upside. big payout for the shorts here! goodluck
$TTD held 50 MA50 MA was defended during last week less off. It need to move above 820 and then 847, 867, 890 are upper levels to watch. Down side would be 50 MA, 750, 731, and 697. If this level is broken then it can go on to fill the earns gap and go all the way to 670-665 range
TTD - Swing up opportunityTTD had a strong dip of nearly 18% over the last 4 days, retracing 62% of the recent swing up and looks to be finding support as it closed with a pin bar candle. The odds that it is done pulling back is high now that we are also seeing a potential bullish divergence between price and RSI.
Long if it is able to rise above the hi of this pin bar (@ 840.30) with initial stop loss slightly below the pin bar low @ 796.
Looking to scale out partially at least as it approaches the last high at 972 and protect the rest of the position with trailing stops
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
$TTD quite a flush today from growth stock over all todayThis need to close above 840 if not, 820 and potentially 50 MA possible before another run
Short TTD for a Bearish BaggerIt's trading in the 900s.
It was trading at least 500 points below here post-crisis.
First bear-bagger of the season has arrived.
NASDAQ:TTD
FWB:NDX
AMEX:IWM
$TTD strong push todayMaking another push towards ATH and more. close above 953.51 would likely act as launching pad towards 1000.
$TTD Cool Off, Big FellaI mean... it's gotta cool off sometime right? Divergence on the RSI is clear now. I'm looking for a pull back to about the $850 level. Confirmation during this similar situation in late Sept/early Oct came with a break of the RSI downtrend line. Overall bullish as Revenue accelerates and Gross stays in the 80% territory.
$TTD holding 885 level so far934 ended up being hard stop with everything selling off in the afternoon session. Need to close above 890 for any forward momentum for rest of the week
$TTD close above 912 would be strongholding above 905 so far. If it closes above 912, it has potential. Trading with in the channel so far and holding up well
short ttdThe shadow candles and decreasing volume shows the exhaustion in bull trend for ttd post earnings it has ran too much. I would like to start my short position today and if needed will average around 895-900 with stop loss of 920 if breaks with good volume..!!!
Bull FlagNot quite overbought on daily RSI as I write this
It IS overbought on weekly and monthly RSI and I have RSI set of 20 and 80 verses 30 and 70
RSI weekly is pointing down
Pushing forward to T2
NV and OBV are both high
Looks like a candle filled gap below price but not completely
Possible Support will be there in that gap and at top trendline of Flag
This is one I would like to catch one day but it a hard one to grab
Volatile
No rising wedges in the yearly chart
This stock usually has high short interest but is on the lower side for TTD
Trade safely
Just an observation
TTD : EXPANSION BREAKOUTTTD broke out on earnings with strong price action supported by >300% volume compared to its 50-day trailing average.
Earnings Summary:
Revenues rose nearly 32% year-over-year, and headline net income more than doubled, to $41.2M.
Adjusted EBITDA rose to $77.2M from $47.8M (margin to 36% from 29%), and non-GAAP net income jumped to $62.7M from a year-ago $36.1M.
As a result of "several years of advertising disruption and innovation compressed into a few months," advertisers have "become more deliberate and data-driven with every advertising dollar," says CEO Jeff Green.
"As advertisers come under pressure to prove the ROI of their campaigns, to take advantage of the mass consumer shift to streaming TV, and to consider alternatives to user-generated content, our investments in these areas are paying off," Green continues.
In channel highlights, the company noted connected TV grew over 100% Y/Y; mobile video spend grew about 70%; and audio spend grew about 70%.
Customer retention stayed over 95% as it has for five years.
"Assuming that the economy continues to recover" and absent any major COVID-19 setbacks, it's guiding to Q4 revenues of $287M-$291M (well above consensus for $255.1M), and adjusted EBITDA of at least $115M.
