TTD trade ideas
$TTD On verge Of Breakout
Technical V recovery from the march lows.
Volume high and increasing.
Indicators bullish.
Sentiment in the sector bullish and risk on.
Very High P/e 138
Short interest 20%
Company Profile
The Trade Desk, Inc. offers a technology platform for advertising buyers. It operates through United States and International geographical segments. The firm's products include audio advertising, mobile advertising, native advertising, data management platform, cross-device targeting, and inventory and marketplaces. The company was founded by Jeffrey Terry Green and David Pickles in November 2009 and is headquartered in Ventura, CA.
mentors5.3.20 some training, mentors, video courses that I have experienced in my past... as a response to questions I have received from followers. (I said one guy offered a chat service for $100 per hour....that is wrong...it was1$100 per month....Sorry about that...and I did not think it was worth it for me ).
TTD5.2.20 TTD equity. This is a great market to use the tools that I like to use. I am a little uncomfortable that I talked about a Spike which are probably better used on much smaller time frames, and to the extent that it is an algorithm, there is a lot of subjectivity around it. Since I decided not to redo the video, just look at spikes for entertainment purposes for now until you decide to work with them, and then work through the issues.
TTD Ascending Channel$TTD has been a real winner over the last few years. The company is firing on all cylinders and earnings have reflected that. The company offers a software platform used by digital ad buyers to purchase data-driven digital advertising campaigns across various ad formats and devices. And, their fast growing segment is connected TV (CTV) which is still very much in the early innings.
Let's see how it holds up given the overall current market conditions. If it does breakdown out of the channel, it could easily get back to around $180, where we've seen good support a few times over the last year.