Review of a couple of indexes and a few equities and oil 2.4.21 review of 8 markets/indexes. Market looks bearish.
TTD trade ideas
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
$TTD Reversal before the runI think i am hoping that this big tech media company follows it's history. see the previous divergence of RSI down + Price going up indicating bear action. then it kicked it higher after the consolidation...here's to its run to 1000 this year ....but this market is volatile, it could freefall as anything can go down.
Does anyone know details on the application of pitchforks?
$TTD - Bull Setup w/ Catalyst Broke out past my alert level (816) after hours today. Looking for continuation.
Target 1 828.75
Target 2 845.95
Target 3 864.82
Want to see it stay above the channel midline to retain bullish bias.
Like & follow if you want more of these :)
$TTD resisted at 50 MATTD finally caught some momentum and hit resistance at 50 MA and closed slightly below 20 MA. Might consolidate bit more here until 8 MA catches up. Will need volume to push over 50 MA. MACD setup well and turning bullish. Need to watch for confirmation
TTD over 834.00After a sharp correction, looks to have put in a base. Can climb back up with market strength.
TTD Setting up for breakout After TTD took a beating over the last month, it’s now recovery time and could potentially seek ATH’s. I am currently in a 2/5 1000c @2.13... will buy more if we have a steady breakout.
$TTD is Short until the COV locc down is Over. Target Price $650$TTD definitely have room to grow but not with COV-19 locc down coming, Look for the dramatic drop, See Notes On Charts. Target Price $650. Double Play available. Notes Notes Notes
@KarmaBaccAround
TTD - Short Setup CEO Sold 100% for 56milllion! Big selling from others and recent. Break below 761.34 or 735.43, Stop signal 823.71. Target 1 550.53. Second Target momentum.
