0LF5 trade ideas
TTD Bear CountTTD Is trading near upper trendline resistance and could have just put in an intermediate wave 5 peak - now a primary 1. Bulls need to break the 90 high set earlier in August to invalidate this count. Bears - TTD wont break the upper trendline resistance, will get rejected sending it down for a wave 2 which should find support at the lower trendline, and begin creating a symmetric triangle. If the bear count is valid this will provide a great long set up, but probably will only come to fruition if we get a major Sept correction. Time will tell. For now I think this one is best to sit on the sidelines to see clear direction for where it is heading.
Cup and Handle Golden CrossI posted targets for the largest cup but there are 2 other cups inside one could trade. The large cup would need to break the prior high of 97.28 to be valid. If you were to trade the smaller cups, one would find the high of that intra-year cup and the low (same for all 3 cups), calculate the depth, pick a long entry level and calculate targets. Now that I look again, there are actually 3 intra-year cups inside the large yearly cup.
The large cup is 50.47 deep (cup high minus cup low). Targets would be calculated using fib levels and added to the cup break out level which is a tad above the prior high to help clear the resistance of the prior high.
Some would use the .382, .618 and .786 fib levels for targets one, then 1.272 and 1.618 for targets 2.
Support at handle low (HL) and mid cup (MC) so possible stop under these levels. Pocket pivots (green triangles) are also points of support. You may see support elsewhere.
A golden cross and a death cross are exact opposites. A golden cross indicates a possible uptrend going forward, while a death cross signals a possible downtrend. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average.
A golden cross consists of a shorter term moving average crossing up through a longer term moving average. Many use the 50 crossing up through the 200 SMA but the 50 crossing up through the 100 is also bullish. Taking a look at the slope of the moving averages can also be important. Moving averages are lagging indicators, so eyeballing price, which represents the present, is often key. For example if the 200 SMA is sloping up, which is considered to be a long term moving average and represents price over the past 200 days or 40 weeks, is sloping up, it can give you a clue that the security is possibly okay in the long term. Moving averages change just as any technical indicator will do.
On this chart the 20 is blue, the 50 is orange, the 100 is yellow and the 200 SMA is red. If you rely on moving averages to trade, the 20 is drooping which some may see some shorter term turbulence. I will feel more comfortable when price is above the 20 SMA as I own this. It is a good idea to use other indicators with moving averages. The Awesome Oscillator is based on a combination of moving averages so perhaps RSI or MACD. I like the Awesome Oscillator because it presents the moving averages in a different way that is easy for me to eyeball on TOS. I do not like using a lot of indicators but some folks do. We are all different, and sometimes one indicator may help more than another with a certain price pattern, so I switch my focus to a different indicator. For example, I rely on bollinger bands when price looks like it going out the roof or through the floor (o:
No recommendation.
$TTD head and shoulder$TTD has a big inverse head and shoulder pattern, looking to initiate long on the bear candle high break.
$TTD ready for upside breakout?TTD daily chart reflects clear Head and Shoulders, with flag above it.
The flag was broken down in recent move downwards, also moving the price below the neckline, indicating potential failure of a signal,
Although, as the price has emerged back above the neckline, and coming back in range, that could be an indication to upcoming strong upward rally sooner!
TTD.NAS_Range Breakout and Retracement Trade_LongENTRY: 88.97
SL: 78
TP: 97
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Breakout of down trendline with volume on 24 Jun 2021.
- Breakout of down trendline and HVN with volume and gap up on 23 Jul 2021.
- Possible hidden buying on 9 Aug 2021.
- Today closed above previous day candle with higher volume and breakout of range.
TTDTTD a tech/sofware company trying to breakout of this range, however it doesnt look very convincing and id like a few more tests of support around the $58-60 level before a breakout like this. Until then im bearish until it touches that trend support again.
Sunday Prep 8/08 - $TTDThis has been such a strong name that I’m looking forward to seeing if it gives good opportunities to get long on some sort of overextended selloff on the numbers. but I get the feeling that even the 20d and the monthly pivot at 78.48 may even be asking too much. We’ll have to see how it reacts to the numbers but I would be willing to scoop longs on any flush to any of the significant levels. The 20d, the 50d with the monthly pivot, and the quarterly at 68.44, all have my attention. If it gaps up off the numbers I may entertain a fade on a hard spike up into the 100 psychological level, but I would also be looking to buy flushes if it opens anywhere around 95 to 96 and wants to retrace a bit.
$TTD holding 9 ema into #earningsTTD consolidating here into earnings. if we can breakout of this little range should give us more upside
TTD - still in a bullish uptrendForming wave 2 of wave 3 of higher degree. Currently wave 2 of lower degree appears to be an expanding flat with wave C still to form.
TTDWeekly technicals are looking good for TTD – looks like shares want to go higher as momentum indicators are strong. Shares are currently interacting with resistance at RSI 61.8. If it moves past and stay above this RSI level, shares would see sustained gain ahead.
TTD earnings outlookYellow lines - Downtrend
Greenlines - Rising wedge
White line - gap close / short term target
Red arrow - Possible path
Purple line - trend line broke
I think we close that gap by tuesday. If we dont get a bounce there, there is heavy fib support in 74$ area plus wedge support intersects in that area. From there i expect another trip back to 86 either from a earnings run or because of the results of a good earnings.
TTD (The Trade Desk) is Bull to at least ~86The stock TTD ( The Trade Desk ) currently has a good bullish momentum and once it passes the main resistance point (82.28), it will continue it's bull run to at least 86.
The William Alligator mouth in (1 hour) is well apart and bullish. The Moving Average strength is ranging from 66-80% thus having the strength to pump the stock more.
And the trend lines are bullish and are pointing to TTD passing the point of resistance and continuing to at least ~86.
we could see some upside on this one soonstarting to break its top trendline resistance, has been rejected off 84 area plenty of times in the past but look for a test of 90 if it breaks this time. If we use the trendline as stop loss the risk reward isn't too bad. good luck! dont forget to like and follow for more <3
TTD Trying to Breakout From Quarterly Rev StratLooking for a break and hold over 81.25 to bring the quarterly rev strat into play. Wait for confirmation as you can see it tried to breakout Friday but squatted back down.
Sunday Prep 7/25 - $TTD Like to see pullbacks hold some supportBig volume day with a nice big green candle. Technically it broke out over that 82 level, so now I would like to see pullbacks hold some support. You can see the dips on Friday held around 79.40s, which also is right at the 61.8% fib level. Thinking any early flush to that area on Monday can be watched to see if they support it. If they gap it up, you can always look to join trend, but keep in mind that if they gap the broader market up as well, I would be very hesitant to get long anything until we get a backfill of the gap and we see buyers show up.
TV chart link:
TTD - The Trade Desk Elliot wave is looking good. Expecting final wave 5 to complete subwave 4 of higher degree 5. Wave 4 is not finished. It could be a triangle or an ABC. We should find out in the next couple of days.
Target is the all time high.
