TTD bull scenarioLooking for TTD to break out to the upside to the downside, by either breaking the support line or many resistance zones and line.
TTD trade ideas
$TTD - 2 counts green bull red bearA lot of people talking about TTD.
I wont trade this before earnings, but here are 2 potential paths and both aim up to me (one goes lower first).
If TTD launches after earnings then I would buy the breakout of the downtrend line
If TTD flushes then I would be a buyer in the bear count red circle zone.
The green arrow is potential bull path
Red arrow is my bear path
TTD.. Inverted H&SLong over 78!
stop loss 76
Target ATH
Move should be similar to what was seen with Tesla. But it will take weeks to cover but I expect we should be there by earnings.
Been waiting for this pullback.
TTD ShortUsing the monthly and Weekly time frames to establish and / confirm trend, I believe TTD is about to go down into and right after earnings.
TTD completed a 5 wave cycle impulse on the Elliot Wave and has so far completed Wave A on the retracement. Wave B is underway and should tap out around the $80.52 price point (give or take $5) and within that range, i am short TTD. Earnings is coming up the week of Nov 8th and unless there is an unusual bullish surprise, i am betting on TTD dipping down to around the $44 - $52 range within 2 weeks of earnings. With that in mind, I will be playing TTD Puts (Naked) 11/19 $70 strike as well as 12/17 $60 Strike.
As always, do your own DD and let me know your thoughts. Feel free to play a more conservative strategy if that appeals to you (i.e. Sell Call credit spreads, Buy Put Debit Spreads, Strangle for Earnings, Iron Condor for Earnings, etc.)
TTD traded to the level at 75.88, next level 80.06NASDAQ:TTD
The lines represent the price level that has been traded upon or will be traded.
The more it hit the line, the stronger the level.
It can be use to set profit taking price or stop loss price.
Every level is of same significant until order flow trades upon it.
DYODD.
TTD rejectedForming a Flag on it's way back to primary trendline.
Short back to 66$ fib support for first target .
2nd target primary trendline (Yellowline) or fib support at 57$.
TTD Maderna natural gas Lumber10.5.21 TTD Maderna natural gas Lumber: Bobby's Homework Assignment NOTE: if you are new...then go back a week or so the the first Homework Assignment and start there to set up your tools. Give yourself a month of using just the tools I am using....ONLY. You can change to what you want later. Some times it is what you Don't have on your charts that WILL save you. Have faith. Do not risk capital you you test everything I show you. Note: trading what you just heard, but which are not familiar with>>>is a phycological problem and a sign of a losing trader. Try to understand it first, test it and then decide if the tool works for you.
TTD - Long Term AccumulationUsing two minute AVD data, the accumulation slowed down about a year ago but has never really stopped.
Dips below 68 would be very welcomed, broader market allowing!
TTD bear flagThere is a major H&S going on the daily timeframe.
These back to back bear flags are the final formation of its right shoulder.
final target is daily fib support at 67.37
$TTD Bull Flag (Weekly)Weekly time frame
TTD - Labeled retracement levels. 69p is a solid swing play (exit 9/14 or 9/15)
Labeled extension levels
Like if you agree!
TTD Bear CountTTD Is trading near upper trendline resistance and could have just put in an intermediate wave 5 peak - now a primary 1. Bulls need to break the 90 high set earlier in August to invalidate this count. Bears - TTD wont break the upper trendline resistance, will get rejected sending it down for a wave 2 which should find support at the lower trendline, and begin creating a symmetric triangle. If the bear count is valid this will provide a great long set up, but probably will only come to fruition if we get a major Sept correction. Time will tell. For now I think this one is best to sit on the sidelines to see clear direction for where it is heading.
Cup and Handle Golden CrossI posted targets for the largest cup but there are 2 other cups inside one could trade. The large cup would need to break the prior high of 97.28 to be valid. If you were to trade the smaller cups, one would find the high of that intra-year cup and the low (same for all 3 cups), calculate the depth, pick a long entry level and calculate targets. Now that I look again, there are actually 3 intra-year cups inside the large yearly cup.
The large cup is 50.47 deep (cup high minus cup low). Targets would be calculated using fib levels and added to the cup break out level which is a tad above the prior high to help clear the resistance of the prior high.
Some would use the .382, .618 and .786 fib levels for targets one, then 1.272 and 1.618 for targets 2.
Support at handle low (HL) and mid cup (MC) so possible stop under these levels. Pocket pivots (green triangles) are also points of support. You may see support elsewhere.
A golden cross and a death cross are exact opposites. A golden cross indicates a possible uptrend going forward, while a death cross signals a possible downtrend. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average.
A golden cross consists of a shorter term moving average crossing up through a longer term moving average. Many use the 50 crossing up through the 200 SMA but the 50 crossing up through the 100 is also bullish. Taking a look at the slope of the moving averages can also be important. Moving averages are lagging indicators, so eyeballing price, which represents the present, is often key. For example if the 200 SMA is sloping up, which is considered to be a long term moving average and represents price over the past 200 days or 40 weeks, is sloping up, it can give you a clue that the security is possibly okay in the long term. Moving averages change just as any technical indicator will do.
On this chart the 20 is blue, the 50 is orange, the 100 is yellow and the 200 SMA is red. If you rely on moving averages to trade, the 20 is drooping which some may see some shorter term turbulence. I will feel more comfortable when price is above the 20 SMA as I own this. It is a good idea to use other indicators with moving averages. The Awesome Oscillator is based on a combination of moving averages so perhaps RSI or MACD. I like the Awesome Oscillator because it presents the moving averages in a different way that is easy for me to eyeball on TOS. I do not like using a lot of indicators but some folks do. We are all different, and sometimes one indicator may help more than another with a certain price pattern, so I switch my focus to a different indicator. For example, I rely on bollinger bands when price looks like it going out the roof or through the floor (o:
No recommendation.
$TTD head and shoulder$TTD has a big inverse head and shoulder pattern, looking to initiate long on the bear candle high break.
$TTD ready for upside breakout?TTD daily chart reflects clear Head and Shoulders, with flag above it.
The flag was broken down in recent move downwards, also moving the price below the neckline, indicating potential failure of a signal,
Although, as the price has emerged back above the neckline, and coming back in range, that could be an indication to upcoming strong upward rally sooner!
