Datadog riding the 20 day moving average just reclaimed. Strong momentum on the 30 min chart price is above a 5 day MA and closed last session above AVWAP from previous high. Has broken out above AVWAP from ATH but doesn’t appear like it will be retested any time soon. $150 next target for me.
Retesting 50 day MA closed above AVWAPs from previous high above an inclining 5 day moving average. Tight stops, good luck been waiting a while on this one..
20 day and 50 day moving averages converging, bounced up above AVWAP from previous high, RSI momentum, no brainer entry for me. Tight stops below 5 day moving average because that’s how I roll.
Traded and closed above AVWAP resistance at $121. Has pulled back to test support of AVWAP, check reaction off this level. Next target (white line) 200 week moving average and after that next AVWAP resistance around $135. Positive momentum on the MACD and RSI