BUY THE TRADE DESKThis is a market opportunity for us to buy The Trade Desk at a discount. Expecting this to keep setting all time highs so lets take advantage of this and ride the wave.
Good Luck
TTD trade ideas
Contrarian Post Earnings Play with 20%+ upside potentialHuge sell-off post earnings. Market overreacted after a great year for TTD. Technically the sell-off can not be supported. When RSI was in such levels before, stock bounced back. Accumulation/Distribution Index is on the rise, meaning that we might have a positive divergence. Personally, it is the first time opening a long position in TTD. My entry was at $82.96. First resistance level is at $91 and second one is at $100. I will consider a partial close of my position at the $100 mark.
Wishing all of you sharp instincts, steady hands, and plenty of green days ahead! May your charts be clear, your entries precise, and your profits abundant. 🚀📈
TTD to $120My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zones at bottom of channels (period 100 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and under at bottom of Bollinger Band
Entry at $113.78
Target is $120 or channel top
TTD dip maybe comingTTD has earning coming soon. I see an opportunity starting to present itself. After a 5 year consolidation the stock has broken out and i believe the retest is in the process of happening. Two levels that stand out to me are $103 and $90. The 30 month moving average lines up with the $90 area. I'm not going to be trying to snipe the bottom here. The upside this company has is immense and would be happy to add around either of these 2 areas.
Bullish Trend Confirmed for TTD - Maintain Stop Loss at 111.19NASDAQ:TTD The stock of TTD is currently showing a strong bullish trend. It's advisable to keep your stop loss at 111.19 to manage risk, while the price remains below 150. This strategy should help in securing profits while protecting against significant downturns. Keep an eye on the resistance levels as we approach higher price points.
$TTD - Head and shouldersNASDAQ:TTD is forming head and shoulders pattern. If it breaks below the neckline area it could drop to $109 to $106 area.
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
Stock Market Logic Series #13The double bottom and double top patterns are among the most powerful and reliable indicators in technical analysis. These formations provide traders with insights into potential trend reversals, making them valuable tools in a trader's arsenal. However, one must approach these patterns with patience and discipline to truly harness their power.
Statistically, the price often does not move decisively on the first attempt, and waiting for confirmation can significantly improve the likelihood of a successful trade entry.
A double bottom pattern occurs when a stock's price hits a low point, rebounds, and then retests the same low point before moving upward. This pattern suggests that the selling pressure is diminishing, and buyers are starting to take control. Conversely, a double-top pattern forms when the price reaches a high point, retraces, and then retests the same high point before moving downward. This indicates that buying pressure is waning, and sellers are gaining the upper hand.
One of the key aspects of trading these patterns is patience. It's essential to wait for the price to confirm the pattern before entering a trade. For a double bottom, this means waiting for the price to break above the resistance level formed between the two lows. For a double top, it involves waiting for the price to break below the support level formed between the two highs. By waiting for these confirmations, traders can avoid false signals and increase their chances of entering a profitable trade. This is because you will not fall into the trap of HINDSIGHT backtesting and it is clear that an M or W happened.
HINDSIGHT backtesting is that you have the hindsight advantage when you backtest, but you don't have it when you do REAL-TIME trading.
FYI, TradingView gives you the ability to do a reply of bars ... This gives you the dramatic advantage of seeing if your trading rules are REAL-TIME approved.
Patience is particularly crucial because, statistically, the price often makes multiple attempts to break through these key levels. Impatient traders who jump in too early may find themselves caught in a false breakout or worse an "imaginary breakout", resulting in losses. By waiting for the price to confirm the pattern, traders can ensure that the trend reversal is genuine and increase their odds of success.
Imaginary breakout is when you imagine the price will do what you believe it will do, and it never does it. This cognitive error causes you to enter trades you would have never taken when you backtested your strategy.
John Bollinger, the creator of the Bollinger Bands, recognizes the power of double bottom and double top patterns. Bollinger Bands are a popular technical analysis tool that measures market volatility and provides a dynamic range within which prices are likely to move. When combined with double bottom and double top patterns, Bollinger Bands can further enhance a trader's decision-making process.
TradingView also functions as the best Trading Journal , I have my whole series of stock market logic ideas which I always refer back to. Also, you can add inside the journal idea a picture of the chart that is automatically stored and displayed on the TradingView ideas.
What you see on the chart is a confirmed validated M-pattern (the pink is the manifestation of the pattern), then after it you see a period of "NOT LONG".
This gives you a "TELL" that the probability of the rallies... they are fake.
Then, you see a confirmed W-pattern (the pink is the manifestation of the pattern), then after it, you see a period of "LONG".
This gives you a "TELL" that the probability of the corrections... they are fake.
When YOU, yes YOU, "KNOWS" statistically, when a fake pricing happens... this is a very lucrative business opportunity...
TTD potential 100MA bounce. Market doesn't look great so far in 2025 and last week of 2024. But if we bounce, TTD is sitting on a nice support and could make it up towards the 126, which is 50MA. Would give it a tight stop. In case selling continues.
New Setup: TTDTTD : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
$TTD - Flat top breakoutTTD - Stock broke new all time highs on daily time frame. Stock broke FLAT top at $132.50. Looking for calls as long as $135 holds. Price target of $140 and $150. Stock is strong on indicators. $135 support needs to hold
$TTD - Possible double top breakout above $132.5TTD - Stock bouncing between $132.50 and $116. making double top and double bottom. looking for calls above $132.57 or back down below $130 for a move back to $116. Stock is strong on indicator. on high watch. ABove $132.5 we can see $145 and higher.
$TTD - trendline breakdown to the downside. TTD - Stock breaking below trendline support and looking to pull down. Company reported earnings recently. looking for puts below $116 for a move towards $110 and $100. Stock is weak on indicators.
TTD eyes on $130-133 into Earnings: major fib cluster maybe top TTD has been in a strong Bull trend after last earnings.
Now testing a cluster of four fibs that could mark a top.
Earnings today will declare this a top or a break-n-run.
$ 130.49 - 133.92 is the wide range of interest.
$ 131.08 - 132.80 is the maximum resistance.
$ 120.22 - 121.70 is first support if a small dip.
=================================================
.
$TTD - news highs coming in.TTD - Stock pulling back up to new highs after going down on earnings report. looking for calls on this one above $132.65 for a move towards $140 and higher. Stock is strong on indicator. stock have 3 solid green candles on daily
$TTD - $120 level breakout continues. $130 in playTTD - stock breaking out as expected above $120 as posted earlier. Stock hit all time highs today still in strong uptrend. Looking for $130 pre earnings next week. Stock is strong on indicators. on high watch. calls good as long as $120 holds.
TTD - consolidation to break out possible here above $120TTD- stock consolidating for past two weeks between $116.50 and $118.50. looking for calls above $118.50 and more calls above $120 which indicates a break out. Stock is strong on indicator and could continue higher.
TTD: Uptrend to $151 at some point to $88TTD is a long term investment. It is the programmatic advert firm that is logic behind tools for advertising companies.
I will be lightly selling small volumes of my position in order to generate capital for diversification.
You will see symbols throughout my published items.
In my past I dabbled too far into SMALL caps for analysis. Forget it. I use fundamentals of the company, trend and pattern analysis to determine point of entry and volume for my USUAL long terms. However, some roles of companies in my findings may be a LT for me but acting as a momentum piece in my portfolio in because the company is predictable for the most part in its repeatable assessment.
Symbols & Lines:
Smiley faces - used at points of gaps to be filled or have been.
Brains - wise action to wait for the gap fill, resistance level or what have you. It may not indicate those 3 particularly but the patience for that brain or bicep is best. Can do small purchases down too.
Flexed Bicep - strength of purchase or sell.
Price Bubbles (red, green, yellow) with gradients for volume or intensity of buy or sell.
Looking Bullish for TTD!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
TTD To the Moon. TTD is seen breaking the weekly barrier with full cash on hand and a controls financial environment. This week’s option are going to the moon.
TTD The Trade Desk Options Ahead of EarningsIf you haven`t bought the dip on TTD:
Now analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 87usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $4.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade Desk Forecasts Robust Q3 Revenue on Strong Ad DemandThe Trade Desk ( NASDAQ:TTD ), a leading player in the ad tech industry, has set a bullish tone for the third quarter of 2024, forecasting revenue that surpasses analysts' expectations. The company projected at least $618 million in revenue, significantly higher than the average estimate of $604.2 million, according to data from LSEG. This optimistic outlook has driven Trade Desk's shares up by 5% in extended trading.
Trade Desk's strong performance is fueled by rising demand for automated ad-buying technologies, particularly from connected TV companies. The company’s platform, which offers advertisers access to an extensive network of publishers and media partners, allows for highly precise targeting of ad campaigns. This capability is becoming increasingly valuable as the digital advertising landscape evolves.
A key factor behind Trade Desk's continued success is its leadership in developing Unified ID 2 (UID2), a privacy-focused advertising identifier designed to replace third-party cookies. UID2 enables targeted advertising without compromising user privacy, making it an attractive solution in a market where privacy concerns are paramount.
The second quarter of 2024 saw several major companies, including FOX, Roku, and SiriusXM, adopting UID2, further solidifying Trade Desk’s dominant position in the industry. Additionally, Netflix announced its intention to expand its ad-buying capabilities by including Trade Desk as one of its primary programmatic partners, a significant endorsement of the platform’s capabilities.
With 2024 being an election year in the United States, political advertisers are expected to leverage Trade Desk’s sophisticated ad-buying tools as they ramp up their campaigns. This, combined with the company’s strong data integration and widespread adoption of UID2, positions Trade Desk to maintain its leadership in the digital advertising sector.
In the second quarter, Trade Desk ( NASDAQ:TTD ) reported revenue of $585 million, exceeding estimates of $577.8 million. The company also delivered an adjusted earnings per share of 39 cents, beating analysts' expectations of 35 cents.
Technical Outlook
As of the current writing, Trade Desk ( NASDAQ:TTD ) has experienced an 8.61% increase, exhibiting a bullish Relative Strength Index (RSI) of 56.29. Despite the prevailing market downturn, this indicates promising potential for further growth. Notably, the daily price chart illustrates a golden cross pattern which promptly instigated an 8.76% surge. It is prudent to closely monitor the pivot point in response to any significant fundamental developments.
As Trade Desk continues to innovate and expand its influence across the digital advertising landscape, its future looks promising. Investors and advertisers alike are keeping a close eye on the company as it navigates the complexities of a rapidly changing industry.
