$DDOG Ready to Rally?
Updated
DDOG has been all over the place the last few months but it has manged to regain the 8 EMA the 10 SMA the 21 EMA and the 50 Day SMA. It is also comfortably above the 200. If it can push over $102.70 with some volume I'll likely open a starter position. IBD has a relative strength rating of 93 on this one too. There is plenty of negatives on this chart too (Chop). If triggered in I'll run a very tight stop and look to add on continued strength. On the fundamental side, DDOG had a 61% sales growth rate last quarter but, that was down from 84% over the previous 3 years... Ideas, not investing / trading advice.Trade active
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.