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DDOG

DDOG long set upDDOG is setting up for a breakout pattern from the wage. Stock is up 190% from March low. consolidating or breathing after such as long run. Not showing any weakness in this past few red days from market. Likely move higher. Excessive volume spike shows push downward less likely it seems. Will look for confirmation in the coming week to go long. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
NASDAQ:DDOGLong
by Riainvestment
$DDOG - Buy The Dip$DDOG shares are down after reporting a great quarter and I feel this is an opportune time to buy the dip. I see max pain being the gap down to $60 however there is a gap that leads us back to nearly $50. A couple more things on $DDOG and software... In general I've seen software exuberance work generally in waves. People buy into buying, happened on ZM IPO, CRWD IPO, DDOG IPO; it occurred it late 2018, in 2019, and here we are again at another software (or just were) peak. Software goes through these radical volatility swings regularly and at this point as an investor I am used to it, hence why I want to buy the dip. This is not to say that software won't consolidate for a year after a tremendous run off the lows & to new highs - this has exactly happened before, see SQ OKTA Z... etc (TSLA also). An argument could also be made that even with the mythical 'value trade' coming that takes down tech and brings the 'real' market back where it's fair valued, one could argue that tech still has more to go both long term and short; and hey, I'll make that argument! I am not concerned about valuations (although if we were to continue following the trend line I drew $DDOG would get >50x 2020 sales which is pretty crazy even considering SHOP ZM. I believe that in the future (the near future, not 10 years, <1) $DDOG will be at new highs and buying the dip here will work as a nice entry long term. However it remains to be seen if/when this famed, at this point mythical value rotation actually takes place. Sure if and when there's a vaccine COVID-hit stocks will likely rally, and this is value. But in the mean-time, and certainly after that rally, software will be back in gear. $DDOG will grow nearly 60% with positive non-gaap net income & cash flows in a pandemic . If you do the DCF analysis into 2024 at 40% CAGR I believe you will see the value I am talking about. Happy to buy $DDOG here if software gets back in style in the short term, happy to buy at $60 if we've carved a new range and decide to fill the gap at some point, and happy to buy at $50 if we ever decide to fill that gap as well. Today I begin adding to $DDOG for the first time really since March, and I will do it with patience and let the price action play out. $DDOG trades at nearly 40x sales even after today's drop, and the market can certainly decide to drop that by 25% again if it so chooses.
NASDAQ:DDOGLong
by UnknownUnicorn7308096
Looking at Datadog after earningsDatadog said it earned $284,000 in the quarter when most analysts had expected it to lose money. The stock is down about 12% right now. How does the management team not know it's way cooler to lose money? They clearly did not study the Hooli playbook well enough. I'm just joking. But I am looking at Datadog after earnings and well, it has me thinking. This thing has popped higher on very little volume relative to its IPO day and volume profile since that day. I've marked the POC on the chart with "Yikes." Has this name gone too far too fast? I'll be watching. For those who have used the Datadog product, I hear it is good. So that does say something.
NASDAQ:DDOG
by scheplick
17
DDOG possible TWLODatadog , Inc. engages in the development of monitoring and analytics platform for developers, information technology operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real-time observability of its customers' entire technology stack. Its safe to assume we are in the beginning of a tech bubble "unicorn" in plain sight. With the economy continuing to lift and the all time highs of jobless claims we are looking to see companys like DDOG and NYSE:TWLO go to the moon. Gw Magic Overlay hasn't signaled any momentum loss since it started climbing on the 30 min time frame. Even after a 30% move during market hours yesterday it still managed to climb after hours., Hollow candles have reached a higher high pre-market than after hours yesterday. Parabolic SAR is in strong uptrend. Pivot point/support line is $57.69 and looking to test $63.18 today. Looking to Test and breakout past R5 level at $74.02 if momentum continues past R4. Stocastic RSI on a 20ma comedown look for the coil up.
NASDAQ:DDOGLong
by The_OnlyRule