DDOG
7/10/22 DDOGDatadog, Inc. ( NASDAQ:DDOG )
Sector: Technology Services (Packaged Software)
Market Capitalization: $34.113B
Current Price: $108.29
Breakout price: $110.90
Buy Zone (Top/Bottom Range): $103.80-$90.40
Price Target: $116.60-$118.70 (1st), $147.20-$149.90 (2nd)
Estimated Duration to Target: 48-52d (1st), 149-157d (2nd)
Contract of Interest: $DDOG 8/19/22 115c, $DDOG 12/16/22 110c
Trade price as of publish date: $9.20/contract, $20.30/contract
Walk The DDOG Long With Your Head & ShouldersA head and shoulders pattern on DataDog Inc. (DDOG) was identified on the daily chart.
The approximate measurement from neckline to head is approximately 60.80. We can see a projected move to 234.84!
I will make an entry at the break of the neckline. However, it fails to break the neckline, my analysis won't be valid. Head and shoulders on three.
What I meant so say is, "Head and shoulders on DDOG!"
DDOG!
Al
*This is not financial advice.
DDOG : BLUE SKY / SWING TRADEDatadog's (DDOG) stock is not cheap, but the company is highly innovative and showing no signs of slowing down. To illustrate, not only is Datadog's guidance for the year strong, but its billings were up 69% y/y as of Q2 2021.
Having said that, at 32x next sales, the stock is far from cheaply valued. Investors intent on being shareholders here should look to dollar-cost average into their position over time, rather than being too imprudent with one's capital.
Overall, investors should adopt a long-term buy-and-hold strategy, rather than just looking for quick gains in the name.
SOURCE : Michael Wiggins De Oliveira, Aug. 18, 2021, Seeking Alpha
seekingalpha.com
DDOG - Heading to $120DDOG in downward megaphone pattern. ~$150 is strong resistance.
Expecting it to be around $120 zone expediated path. $150 is strong resistance and $120 is strong support.
I may plan to buy handful PUTS for once the increment gets CAP around ~$150 in TOO GREEN market i.e. RSI to be in overbought region. Hoping this to be the scenario before earning so there is stage set to act in either direction post earning.
It can happen early too so play accordingly and dont play aggressively.
In case want to play safe then consider selling calls or call vertical spread.
Note : Please do your due diligence before opening any kind of position.
Regards,
Subhash
DDOG. Triangle. Target -23%We now see a descending triangle at the top reversal pattern. The price target of such models is measured along the widest part of it (23%) and set aside under the horizontal line, that is, up to $ 118. This target is complemented by the Gap on Aug 5 '21 ($ 116-126).
Cycle analysis says a return to the bullish cycle should be expected by February '22.
Not financial advice.
Take care.
DDOG Short Opportunity | Pros and Cons + AnalysisNASDAQ:DDOG just broke out of a 2month long uptrend with confirmation. Short opportunity here with the following pros & cons
Pro
Just broke out of uptrend with confirmation
Multiple top pattern spotted at 169.99 level. Strong wall
Con
Stock has a bullish bias overall when looking at it from a larger timeframe
Key levels
SL
182.34
TP 1
161.05
TP 2
158.02
#SPLK: Catching up to the likes of $DDOGI'm long $SPLK here, for a good while in fact, but the long term signals in this chart only popped recently. There's big potential upside here, as the company transitions into a more cloud based business model. Daily chart had flashed a bottom signal which we collectively picked at the Key Hidden Levels chatroom, and I've been trading on the long side since. Weekly trends were in place, now daily, weekly, monthly and quarterly are bullish here. We can expect substantial upside into EOY/Q1 2022 in my opinion, in general in the market, and in this stock in particular. Highly recommend considering investing, if not already in. $301-320 is a great confluence area for a massive target long term. Moving below $138-118 would threaten the outlook, take that as your worst case risk for position sizing if trading it long term.
Daily charts offer multiple trade setups where you can use tighter stops, taking in consideration the longer term view to filter the direction of your trades (in this case, long every long signal, maybe trail stops on the way up, or simply be ready to reenter after trade signals pan out, and new ones form over time, this has lower volatility, since you don't hold through drawdowns, and is better suited for more active traders but it is also challenging on its own as you need to monitor it frequently and be skilled at short term trading)
If not, hodl as long as not below $118. Sell calls OTM out one month periodically. (bank the call short if prices make new highs after consolidating, very simply put)
Cheers,
Ivan Labrie.
DDOG: Probably a 15% up move soonGreat earnings and produced a runaway gap. Then price continue to grind higher throughout the rest of the month.
Likely to see a 15% up move in the next month or so before pulling back.
This stock looks like it has a longer term perspective. If it does pull back to $125 area, then it's probably good to accumulate.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
DDOG Decision Time!DDOG is forming an ascending triangle on the 4H chart.
Price has been sideways ever since the bullish earnings that landed it above 130.
Price can be seen making attempts at higher highs and lower lowers during every impulsive move up and down.
OBV is rising
Price is tightening, volume dropping
I believe this can break out to 140+ by the end of the month as long as SPY and QQQ do not crash.
DDOG Analysis $DDOG | #Analysis | #StockMarket
Price Target 102.58 🎯
3 Inside Up ✅
Inverse Head & Shoulders ✅
Break above Golden Zone with Strong Momentum ✅
Higher Low being Made with Bullish Hidden Divergence ✅
Trend Line Confluence from March 2020 Lows ✅
Entry on Break of 92.07 with Confirmation ✅
Invalidated below 82.24 ❌
DDOG possible patternDDOG has broken its recent downtrend and it appears to be repeating a cycle annotated on the chart, MACD, RSI with white trend lines where it should test its previous resistance. DDOG got caught up in the IXIC / NDX sell-off but appears to have significant support at the $75 level.
Might be a decent short-term trade if it passes the RSI test at 50. Fundamentals aren't too great but the chart looks good, growth is high, and it has beaten expectations on earnings the last 4 times. Earnings on 5/11.
Its EV-to-EBITDA is ridiculous but if you like to trade off chart technicals this is looking very attractive at least in the short-term. Being underloved & underappreciated in the space is another ace in DDOG's corner as some attention on the street or from a Cathie Woods type could send it flying. The real question is, will fundamentals actually start to matter?