watching for continuation 🦉if TTD can cross this local/trend resistance area then my targets are 99.34-114.05, if we see a rejection then I will be looking for a dip entry around the 60 local support zone.
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TT8 trade ideas
TTD Technicals Analysis done on 30 minute candles. TTD experienced a gap down on the market decline today, but the stock managed to rally all day and form a massive bullish engulfing pattern on the daily chart. The big move was supported by an overall market bounce, so going into tomorrow and next week you want to gauge the overall market health and direction if you intend to trade this chart. The first thing to pay attention to at open is their daily candle's position; today they managed to close above the 50 day MA, but closed just below the 100 day MA. The best case scenario on a bullish trade is they gap up to open above and hold the 100 day MA and move to 90.00-91.00. If they don't open above it then they're likely to decline to test 80.00 for support bounce. If they fail at 80.00 then they'll move to 75.00-76.00.
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: $110
TTD double top to close gap ?Fibonacci levels are on the chart. Trendline aligns with fibonacci levels. also 50sma is in that area. with that being said, it will drop hard if it loses those support
If ttd falls below 86.95 that would be a double top here
Or we could bounce off 87$ and head back up to resistance at 96$.
I think whichever way the broader tech market goes so will ttd
$TTD - wave theory updateNote: Bulls - we could have bottomed for wave 4 already - or Bears -we are in a complex correction that could go as low as 91 a share. As of now I favor the bear count (shown) meaning pump then flush again. But that changes the second downtrend is broken
Right now this is ripe for swings on both sides (long and short), but be smart about taking gains until the downtrend line breaks.
Highest probability trade here is to draw the downtrend line channel and alert on it - breakout buy half position - retest load the other half. PT 125+ here soon
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 $TTD over ATH. Also looking at a red to green or bounce. Had a ton of flow coming in on Cheddar Flow last week and is still very strong especially if we can get an aggressive market to the upside.
Entry: Red to Green, Bounce, or over 100.50
Targets: 102.50, 104, 108.50
Contract: 11/19 105c
Stop Loss: 15%
TTD: Bullish Pennant (32%) Ascending Triangle (86%)TTD is a service company part of the Information technology sector.
Left hand side graph shows a confirmed bullish pennant on the daily with a possible total gain of 32% and a price target of 122.04$.
Right top graph shows the weekly chart with a confirmed ascending triangle and possible gains of 86% for a price target of 178.94$.
The information technology sector is shown on the bottom right graph (weekly chart). This time we have price action running within an ascending channel with an obvious uptrend. This reinforces the possible gains for TTD. Information technology is carrying stocks within the sector with a pretty good momentum with no end in sight.
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