DT might get out of the consolidaiton soon.DT reported very good EPS and REV and pointed to higher revenues and EPS in 2023, above analysts estimates.
Gross Profit Margin of 82%, net margin of 3% and revenues growth rate 35% speaks of the fact that the company is investing heavily in its growth.
The Company has a very good EPS beat history - it beat analysts estimates since it got listed. PT 57 SL 37 should be realistic.
#notfinancialadvice. Adjust your size accordingly.
DT trade ideas
$DT Long IdeaDynatrace is back in it's consolidating phase similar to 2020 after the May shake out.
An idea is to go long with a break below support / the box a stop with first target the upside 44 zone.
More upside implied with a Darvas box breakout .
DEC bull risk reversals bullish option positioning bolsters the idea of upside in the coming months.
Interesting volume spike as well, definitely a name to keep on watch IMO.
I'm long via bull risk reversal and short puts
Dynatrace, weekly buy getting setI am looking for short buy on dynatrace at the end of this week or early following week. The market seems ranging between the two support zone lately for long time and I can't see the trend breaking anytime soon. From the current looks, it does like to go to support zone before retracing back to sell zone. I am expecting it to be a good buy on a weekly chart.
$DT - A Lesson in Supply and Demand$DT is a wonderful ticker for examining how Supply and Demand Zones work while trading.
As shown on our chart, once we've identified a potential supply zone, denoted by the red box, sellers will consistently step in at this range, and price will consistently reject until we break out. Upon breaking out, this demand zone becomes a SUPPLY zone, denoted by the green box.
Now, at this exact same zone, we'll have buyers stepping in instead of sellers. Price will now consistently reverse and bounce here, allowing us to safely enter longs.
To top it all off, we're sitting right at a long-term support trendline, AND a demand zone as well, meaning we have an extremely safe long entry leading into this trade.
I'll keep my eye on this ticker going into the new year.
what a lovely repetitive pattern we have here 💸DT has been using its recent resistance as a strong support level since its IPO.
this is a very predictable pattern and very easy to trade!
If history repeats itself (which is the most likely scenario) we can target 70-80 levels in the near future!
goodluck, like and follow for more 💘
Dynatrace (DT) - Pullback & Long SetupI've been leaning bear for so many weeks now that I'm already looking for growth names to go long on after a much-needed pullback across indices.
Before the long entry, though, it is advisable to wait patiently for a pullback. As much as it sucks, the equities market will likely experience either a sizeable correction or short-term crash due to sustained, extreme topping action over the past several months.
Easy monetary policy makes it tempting to long hyper-growth tech companies like DT as soon as the next session starts, but it will be difficult to continue at such a sharp pace without the requisite technical pullback to support it.
That said, DT is poised to become a multi-bagger if it reports yet another stellar report in mid-May. Both the top and bottom line growth is nothing short of stunning so far, and I believe that this trend should continue. In fact, I'd be not-so-surprised to see over 1.00 $/share this time, next year.
Thus, I am posting a future Pig-Play in advance because:
a) this will certainly become one, and
b) I'm sick of leaning bear already (even though the market is still VERY MUCH bearish)
Wait for the pullback, don't wait for the pullback, it doesn't much matter if you're holding til 2050 since this will be triple digits per share by then anyway.
-DynaPig
NYSE:DT
CAPITALCOM:DT
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DT - approaching entry into upper channel DT is testing resistance along the upper trend range. We have some ranges to settle before testing the overhead supply in the trendline above.
A break of the current buy zone range will likely find resistance at the mid-range supply created around $52. A confirmation of a check back to the buy zone indicated on the chart would give a nice entry for a move to test $54.25 by this month expiration.
A rejection of the red trendline resistance located above the 50MA will likely require a test of support at the mid-range support line (dashed-gray line) located below the 50MA, before continuation to the upside has proven strength.
If this move is rejected, the next likely range of support is below $45, ranging as far as $43.75.
Calmer Waters- DTI am looking to play a Put today as we get closer to another possible breakout of an consolidation phase. we have had some nice strength during NASDAQ/QQQ Sell off and I want to hedge my shares till it's ready to test the ATH again. Short-term Put to follow with a long call once I see a bounce off the major support line. GL and enjoy your stimmy!