TTD trade ideas
Next Leg up coming in the next QuarterThe stock has had a strong trend for the past few day. It appears that we are currently at the lower of this long term trend. This should offer a great risk to reward tade to those willing to buy this relative bottom. My Target for the next year is 1300.
TTD bullish breakout$TTD broke trend & backtested Friday
- Backtested the 8 ema bounced
- Closed just under the 20 SMA
- Cloud overhead
Really like this for this week heading into next. Look to clear the 20 SMA & res here for a push to 755 area
Criminal what Wall Street did. - pop The way the big boys ransacked the market and people think it’s a great time to buy and will be getting hammered is a bit crazy. Up a thousand percent? Patience grasshoppers. This will implode still. Way way way way way did I say way yet? Wayyyy overpriced and a bubble. On another note these guys are buying up houses on eastern Long Island like crazy. Also the Bahamas. Goldman even bought planes for their staff. Criminals. But wait for the floor
TTD 🌦I think this one is ready for a big long. I try to stay aways from short term options, I always aim for long term, give your options time.
TTD Retest/RemountTTD has gotten bought back up to previous support levels where it broke down from around 225. The 225 level now acts as resistance. On the buy up, volume continue to decrease each day, showing weakness in upward move. It just closed red on the day today beneath the retest level of 225. Now that it has retested this level, it will pullback down to lows.
TTD Hard to ignore this candleI posted a chart with a couple of zones to watch on a pull back last week. Price absolutely blew through my first level and stopped me out and then flushed my second level and came back up. TTD had a 100 pt daily range on Friday. I will be watching to see if there is any follow through tomorrow on Friday's move. It very important to wait for confirmation with a move above Friday's high. The massive rally on Friday could have been fueled by shorts covering as their targets were hit down near the 200 sma. Worth watching tomorrow for sure. My targets on a long would be 690/700/720.
Review of a couple of indexes and a few equities and oil 2.4.21 review of 8 markets/indexes. Market looks bearish.
TTD Gap Fill ReversalTTD has filled its previous gap in chart, as well as come down to the 200sma moving average, which i will believe cause a bounce with a reversal back to the 700 level. Now that the gap has been filled price tends to reverse to next layer of resistance, in this case its 700
Diamond Top I have just started studying this pattern as there have been quite a few recently..enough to make me stop and study it. So far I have found they are almost always bearish and often end up forming a Head and Shoulders pattern. But then again, there have been a lot of ugly tops recently. Some tops are just "ugly" and can not be classified )o:
There is a gap up below price..price is hanging there right now. A gap up can offer strong support at the top of the gap. If it holds, TTD may bounce off and go up again. If not......
No recommendation
I measured the fall of a diamond top, IF it happens, by moving the line drawn from the top to the bottom structure trendline protruding downward. If this is indeed a head and shoulders pattern, you can draw a line from the head to the neckline, then project it downward to get a ball park estimate of the possible move down. A H&S pattern would take the target down to 450ish and possibly lower depending on market conditions.
As you can tell, lol, I do not particularly like the label head and shoulders too much because we have been in a bull market ever since I started trading (O:
TTD Look for a tradeable bounce from the 690 zone.TTD selling off hard. I'm expecting a flush then bounce off the extension. Trade may be fast so need to be ready. If the zone fails second green box next level to watch which would be the full gap fill and 1.618x.
TTD Long entries and PTsTTD had a monstor ER and if the market co-operates it can run this coming week ! Here are the levels I'm watching.
#RedDevilTrades
TTD low cheat breakout (Mark Minervini VCP)Buying 10% position in TTD here. Breaking out of "low cheat" pattern per Mark Minervini investing style (See his book "Think & Trade like a Champion"). This is an early entry that indicates the stock should breakout it's typical pivot point.
Volume on the breakout today is already over 400%!!
Stop loss around 8%
20-25% profit taking target.
$TTDEntry price : 866.37
Fundamentals :
- Sector: Business services - Advertising
- EPS % Chg (Last Qtr): 110%
- EPS % Chg (Previous Qtr): -10%
- 3 Year EPS Growth Rate: 50%
- EPS Est % Chg (Current Yr): 35%
- Sales % Chg (Last Qtr): 32%
- Sales % Chg (Previous Qtr): -13%
- 3-Year Sales Growth Rate: 40%
- Annual Pre -Tax Margin: 30%
$TTD ready to explodeExtremely compressed between bollies. and Great ER from $GOOG
this thing will explode
