Datadog, Inc.Long
DDOG - Optimal R/R (8/23/2021)
Buyers still in control after the PEG. Volume is drying up and although landed lower for the week still in a uptrend.
Risk is that the 5EMA is now declining but positively other MA has caught up to the price. Price is also still extended from 23EMA but is still trading in the PEG range.
Risk is that the 5EMA is now declining but positively other MA has caught up to the price. Price is also still extended from 23EMA but is still trading in the PEG range.
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