id look for a small pullbackmaybe a entry around 625-630, should find support for then next leg up there! great chart request! watching this one now :) goodluck
TTD trade ideas
$TTD´s relaunchSeptember has been cruel to the markets. Nevertheless, the impulse is starting once again. TTD has stepped over an old support, later used as a resistance and can now provide a stable support once more.
Its RSI is increasing rapidly and the MACD line has crossed the Signal line below the 0, indicating the momentum is starting and with pure strength.
TTD (Trade Desk Inc) - dump it down after confirmationTTD (Trade Desk Inc) has complted impulse cycle from major bottom in april. Now it is in correction as ABC zigzag, where B wave has completed in wxy complex correction. wait for impulse 1st wave down as confirmatory move then sell on bounce in 2nd wave near 484 zone, with stops above 490.10 for target below 440 or even lower.
$TTD Trade Idea$TTD has been consolidating over the past few days, trading in a bit of a range just below all time highs. There is also a AVWAP wedge (pink). We are seeing a triangle formation, sitting directly above our point of control. This gives us the opportunity for a potential long or short entry. Should break and hold past 455 (bearish scenario) or 480 (bullish scenario) we can go to test my price targets. Keep in mind, with this breakout to have solid continuation we would need to see increased volume step in to $TTD. Watch for a break and HOLD of these levels for a potential entry.
TTD - 14.3% Potential Profit - Uptrend Corridor+Bullish PennantClear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months.
Bullish pennant formed within.
Short term swing trade that I would close before earnings on 6th August.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $449.5
Suggested Stop Loss $441.25
Target price $525
THE TRADE DESK AnalysisHey traders, THE TRADE DESK is at a very important moment in its history, it is at its highest and can still climb in its momentum. it is in a bearish movement, low buy and sell volume but last Thursday a high volume of sales was executed.
We move towards its last lowest to turn around, as we are at the top of the balance zone, great possibility of breakout to reach the new zone. Then arriving at the end of it can be back down if the buyers have no cash.
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