TTD trade ideas
Nice Swing Trade Set Up
This has recently crossed the 21 EMA , the Macd is ready to cross and the RSI is bullish . Watch the volume and Macd for confirmation of entry. Use a tight Stop Loss and sell into momentum for a quick gain. You decide when to sell using you better judgement.
This is not trading advice.
TTD UpdateTDD looks to continue its trend upwards. Right before earnings the stock trends upwards based on past performance.
TTD Round UpTTD is in an ascending wedge channel, where it has just nicely rounded off support at the bottom of the channel. Looking for TTD to continue its move upward towards top of channel and to the $255 level for 9-10% move and a nice 2:1 reward/risk.
TTD - SHORT Bearish RSI divergence on the Daily
price action hasn't really recovered since
Big sell day on the 28th of June (from which price action didn't recover)
High risk trade given the long-term trajectory of TTD so a tight stop is utilized.
TTD: Weak and ready to roll over...205 ishThis is showing weakness and ready to lose steam entire month of July imho.
Will open few Aug 2nd puts
TTD Long entryTTD is one of those solid fundamental companies you want to own. The company seems to either get beat down or takes off around earnings. Even though earnings were higher than estimated the stock got beat down. I see this as a good entry point. TTD is very over sold here and just starting a run higher IMHO.
Clear Opportunity to short an extremely overvalued StockMACD has just crossed and reversed on the day chart. Stochastics also reveal in overbought conditions. Movement is to the downside now. Expect it to drop to around $180-$200 range near the 200 day moving average. Stock is extremely overpriced at more than 100x PE
TTD - theTradeDeskWhat a week. Fundamentals on this company are great (thank you to @ophirgottlieb; his research inspired me to dig deeper)
TTD IS HEADED UP.- REVERSAL- SUPPORTED BY TECHNICAL ANALYSIS -If it holds support then it should trend upwards. There is a flag pattern and it broke it therefore it may be concluded it should now trend upwards. In the short term there is room for growth which may provide positive realized gains.
BreakoutWe left what has appeared to be a to formation and reached a new top since April 23rd. It looks like if the stock is gaining new momentum and can reach more new highs.
TTD Nearing Support LevelsThis is an update to an earlier post on $TTD. TTD is nearing a support area with 3 different supports and will be interesting to watch. It is approaching the longer term up trend line. Just after that is the shorter term down trend line and under that still lays the 50 day SMA. I'm looking to go long on a confirmed up trend reversal off any of these areas. The first target I see is around $200. If it clears this area I expect to test all time highs.
Comments and input welcome.
TTD call optionI see TTD going to 220 over the next week or so. Double green candlestick pattern indicates a likely bullish flag. As long as TTD doesn't push through that upward trending support line I have drawn, I am confident in it as a bullish play.
$TTD Possible Head and Shoulders$TTD looks like a possible head and shoulders on the daily chart and might gap fill imo :)
TTD going UP from here?Shares of Trade Desk Inc (NASDAQ: TTD) have nosedived 12 percent since Friday morning amid investor concern over Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) possibly considering restrictions on third-party ad targeting on Chrome.
The investor reaction appears overblown given the company’s solid fundamentals, according to Oppenheimer.
The Analyst
Oppenheimer’s Brian Schwartz maintained an Outperform rating on Trade Desk with an unchanged $210 price target.
The Thesis
Adweek reported Friday that Google was considering restrictions on cookie tracking in Chrome, similar to what Apple Inc. (NASDAQ: AAPL) has done for its Safari browser, Schwartz said in a Wednesday note.
The pressure on Trade Desk’s stock appears excessive, and higher estimates will lend upside to its share price, the analyst said.
Trade Desk’s Safari desktop revenue continued to grow when Apple enacted similar restrictions in the past, Schwartz said. Moreover, the company’s key growth drivers — ConnectedTV, mobile and China — are strengthening and do not use browser cookies, he said.
Trade Desk's fundamentals are solid and it is executing wel, the analyst said, adding that its business momentum continued to be strong in the first quarter.
TTD Near Trendline...I'm looking for an entry on a bounce off support on a swing trade. First target around $200. If it can clear that, new all time highs.
