0A3O trade ideas
DDOG possible TWLODatadog , Inc. engages in the development of monitoring and analytics platform for developers, information technology operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real-time observability of its customers' entire technology stack.
Its safe to assume we are in the beginning of a tech bubble "unicorn" in plain sight. With the economy continuing to lift and the all time highs of jobless claims we are looking to see companys like DDOG and NYSE:TWLO go to the moon.
Gw Magic Overlay hasn't signaled any momentum loss since it started climbing on the 30 min time frame. Even after a 30% move during market hours yesterday it still managed to climb after hours.,
Hollow candles have reached a higher high pre-market than after hours yesterday.
Parabolic SAR is in strong uptrend.
Pivot point/support line is $57.69 and looking to test $63.18 today. Looking to Test and breakout past R5 level at $74.02 if momentum continues past R4.
Stocastic RSI on a 20ma comedown look for the coil up.
DDOG - 5/7/2020DDOG - Daily ichimoku shows strong upside momentum. I checked its chart in 45 minutes, 2 hours and 4 hours but nowhere to find a s/t turnaround. There is no gap needs to fill from past. A huge buys today was evidenced from unusual option activities too - May 15 $60 calls were bought 15K for $0.6 - $0.7. Earning release is on 5/11. So people are betting that its earning will be better than just nice. Why today? I think that it's from PTON's upside earning that PTON is one of large customers of DDOG. Nevertheless, DDOG is one of distinguished cloud market.
DDOG ascending triangleI am sure that everyone and their uncle could spot this one, which probably means it fails, or still has trouble moving outside the higher trendline. But I do like trading breakouts of the ascending triangles, and I will be anxious to see what the Markets and DataDog DDOG gives us next week...
Dadadog - Event catalyst - Wave 5 bull flag breakoutDDOG is a monitoring and analytics platform for developers; they're presenting at the Needham conference on Wednesday Jan 15th. Coincidentally, they are forming a bull flag for what I believe to be the complex correction of Wave 4. Target $44 range. Short time frame, high risk. Do your own due diligence