TT8 trade ideas
TRADE DESK (TTD) BUY BUY BUYI couldn't have asked for a better setup. We are in a GREAT buy zone (between 2 green dashes) and WITH A BREAK of orange trend line, my oh my. We are going to be flying. A fundamentally sound growth company like this... what more could you ask for!?
QUESTIONS WELCOMED BELOW. I WILL KEEP UPDATING THIS TRADE AS IT PLAYS OUT!
First Resistance and support Chart Every time TTD beats earnings it seems to immediately break, resistance and bounce off support a couple times. This recent earnings brought unprecedenteded growth and is identical to the earnings beat on may 11th. If it follows the same trend it will drop to lows that were established the day of earnings. Then rise higher then on earnings and form resistance there and continue to bounce off support until it breaks out once again.