DDOG is not a Dog Food Company. They belong to Software Service
What I see...
+ Prices shot up significantly after May 11 earnings
+ It has since moved sideway thorugh May
+ The past few days had some volatility (or corrections) to pull prices back under the rising 10ma
+ -1d formed at long upper shadow
+ But Friday the Bulls came back with a strong close above the 10ma with strong volume.
- However, the MACD seems to be turning under the signal line
- RSI is pointing upward but stepping into overbought zone
- Resistance at $75; prices could continue to move sideway within channel
What I setup...
+ Long entry above the most recent NR7
- Stop at Friday's low
+ Target at 2.618 Fib (17% away)
:: Duration - weeks to months
** Comments and Likes are appreciated; New Subscribers are full of data! **
+ Prices shot up significantly after May 11 earnings
+ It has since moved sideway thorugh May
+ The past few days had some volatility (or corrections) to pull prices back under the rising 10ma
+ -1d formed at long upper shadow
+ But Friday the Bulls came back with a strong close above the 10ma with strong volume.
- However, the MACD seems to be turning under the signal line
- RSI is pointing upward but stepping into overbought zone
- Resistance at $75; prices could continue to move sideway within channel
What I setup...
+ Long entry above the most recent NR7
- Stop at Friday's low
+ Target at 2.618 Fib (17% away)
:: Duration - weeks to months
** Comments and Likes are appreciated; New Subscribers are full of data! **
Dagangan ditutup: hentian tercapai
Shake Shake Leg
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Shake Shake Leg
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.