First Resistance and support Chart Every time TTD beats earnings it seems to immediately break, resistance and bounce off support a couple times. This recent earnings brought unprecedenteded growth and is identical to the earnings beat on may 11th. If it follows the same trend it will drop to lows that were established the day of earnings. Then rise higher then on earnings and form resistance there and continue to bounce off support until it breaks out once again.
TT8 trade ideas
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.)