The Trade Desk primary trend remains bullish.The Trade Desk - 30d expiry - We look to Buy at 78.11 (stop at 73.11)
The primary trend remains bullish.
Previous resistance at 79.50 now becomes support.
A lower correction is expected.
We look to buy dips.
This stock has seen good sales growth.
The hourly chart technicals suggests further downside before the uptrend returns.
Our profit targets will be 90.11 and 92.51
Resistance: 90.50 / 92.00 / 94.00
Support: 82.70 / 79.50 / 77.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Ttdlong
The Trade Desk continues in a clear uptrend.The Trade Desk - 30d expiry - We look to Buy at 72.11 (stop at 67.11)
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
There is no clear indication that the upward move is coming to an end.
We look to buy dips.
This stock has seen good sales growth.
The 1 day moving average should provide support at 71.90.
Our profit targets will be 84.11 and 86.11
Resistance: 77.72 / 78.60 / 80.00
Support: 75.50 / 72.70 / 70.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
8/10/22 TTDThe Trade Desk, Inc. ( NASDAQ:TTD )
Sector: Commercial Services (Advertising/Marketing Services)
Current Price: $74.24
Breakout price trigger: $75.90
Buy Zone (Top/Bottom Range): $67.20-$59.00
Price Target: $83.60-$85.80, $95.80-$100.60
Estimated Duration to Target: 41-45d (1st), 83-88D (2nd)
Contract of Interest: $TTD 9/16/22 75c, $TTD 10/21/22 90c
Trade price as of publish date: $6.05/contract, $3.25/contract
Analysis Of The Trade DeskThe Trade Desk manages an advertising platform that allows advertisers to plan strategy, optimize and manage advertising campaigns depending on the channel and advertising format. Founded in 2009. Revenue of $301 million (Q3 2021). Capitalization of $46.9 billion.
The online advertising market is growing very briskly and already accounts for almost half of the entire advertising market: $107.5 billion out of $223 billion dollars. The "mobile" part of online advertising is actively growing. According to the annual report, 79% of advertisers' spending on The Trade Desk platform is on mobile and other digital channels of communication with consumers.
Advertisers are under increasing pressure due to the movement of viewers from linear and cable TV to subscription platforms. Therefore, the target audience of The Trade Desk is advertising agencies and service providers for advertisers. The platform provides access to 87 million households, attracting a more targeted focus on consumers, and allows you to better measure the effectiveness of advertising to increase the profitability of each dollar spent.
AVOD — (advertising-based video on demand, advertising on streaming services) is one of the fastest growing areas in the Trade Desk.
For example, there is Paramount + streaming TV and HBO Max, these companies have tariffs with advertising. If you want to launch your advertising on these services, you can do it through a single interface on the Trade Desk, and then see where the result will be better.
The Trade Desk is very popular with customers, according to the latest data, customer retention is at the level of 95% and this indicator has been held for more than 7 years.
The United States accounted for 87% of advertising expenses, and the international - 13%. In the end, it is expected that about 70% of the expenses will be carried out outside the country. For this reason, the company is increasingly investing in international development to serve the global customer base of advertisers.
One of the new markets in the Asia-Pacific region, to which the company is now paying special attention, is India. Trade Desk opened an office in India in June, realizing the potential of this country. In the latest quarterly report, management stated that the digital advertising market in India is expected to exceed $7 billion by 2024 — 10 times the values of 2015.
Revenue increases at a high rate from year to year.
Unlike many other startups, $TTD demonstrates good revenue growth and profitability. For the last 5 years, the company has been operating without losses, profits are growing. Sales are projected to grow by 28.2% by the end of 2022.
According to the results of the third quarter of 2021
• * Revenue of $301 million (+39%);
* With/With sales of $53.4 million (+19%);
* EBITDA of $80 million (+88%);
* Net profit of $59.3 million (+44%).
The Trade Desk methodically builds a competitive advantage: the more sites are connected, the more convenient it is for advertisers to work with it and there are more advertisers, and the more advertisers, the more new sites are connected and the more difficult it will be for competitors to take market share.
Wall Street analysts view Trade Desk shares moderately positively and give a consensus forecast of "Hold". The average target price is $96 (-2%).
A deal to break the $99 resistance level (the level is formed by a trend break).
1) On the premarket, the price has reached the level
2) Accumulation near the level
3) The tool does not roll back
4) There is a large power reserve at the top
Long above $99.4 (limit entry)
Target 1: $101.9
Target 2: $110
11/21/21 TTDThe Trade Desk, Inc. ( NASDAQ:TTD )
Sector: Commercial Services (Advertising/Marketing Services)
Current Price: $107.79
Breakout price trigger: $112.00
Buy Zone (Top/Bottom Range): $105.80-$98.40
Price Target: $128.60-$130.00
Estimated Duration to Target: 48-51d
Contract of Interest: $TTD 1/21/22 125c
Trade price as of publish date: $4.20/contract
$TTD Trade Idea (High Alert)Watching $TTD over ATH. Also looking at a red to green or bounce. Had a ton of flow coming in on Cheddar Flow last week and is still very strong especially if we can get an aggressive market to the upside.
Entry: Red to Green, Bounce, or over 100.50
Targets: 102.50, 104, 108.50
Contract: 11/19 105c
Stop Loss: 15%