DDOG to 120?
DDOG - Currently in a a flat correction and looking for a breakout of the triangle to retest ath. With earnings approaching (mid February) we could see a nice run up to retest ATH. This company has shown strong growth and has generated great returns since its IPO in 2019, nearly quadrupling it's IPO price in 2020. DDOG reported a 61% increase in revenue for Q3 and an outlook of a 62% increase in the year of 2020. Trading Plan annotated in the chart.
Options Ideas
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110 C 1/29 (High risk: High reward) day trade option
120C C 2/12 (Medium Risk: High Reward) High OI
Options Ideas
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110 C 1/29 (High risk: High reward) day trade option
120C C 2/12 (Medium Risk: High Reward) High OI
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