DDOG: Probably a 15% up move soonGreat earnings and produced a runaway gap. Then price continue to grind higher throughout the rest of the month.
Likely to see a 15% up move in the next month or so before pulling back.
This stock looks like it has a longer term perspective. If it does pull back to $125 area, then it's probably good to accumulate.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
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Update to DDOG ascending channelAfter DDOG filled out our previous chart, it continued to respect the channel until it broke out to the upside on Sept 22. It is currently retesting the upper trend line as support. If we get a bounce from here we could see a new trend angle established, and a set up for entry if we get a break above 151.00 for the continuation.
DDOG - PEG Tightening (9/7/21)Have traded this name and have been keeping a close eye since the PEG. It is currently acting exactly as I wanted it to holding the following criteria.
1) Above AVWAP
2) Declining ATR
3) Buyers stepping in at EMA
4) Along with ATR - volume drying up
We are also currently trading in somewhat of a range as indicated from the higher of the PEG and the low it put in 4 days after.
Personally I am waiting for a pullback in the market before I buy anything since I think the market is a little extended and the current environment in 2021 has been whippy I am not trusting any setup until the IWO / IWM breaks out.
DDOG Decision Time!DDOG is forming an ascending triangle on the 4H chart.
Price has been sideways ever since the bullish earnings that landed it above 130.
Price can be seen making attempts at higher highs and lower lowers during every impulsive move up and down.
OBV is rising
Price is tightening, volume dropping
I believe this can break out to 140+ by the end of the month as long as SPY and QQQ do not crash.
DDOG - Optimal R/R (8/23/2021)Buyers still in control after the PEG. Volume is drying up and although landed lower for the week still in a uptrend.
Risk is that the 5EMA is now declining but positively other MA has caught up to the price. Price is also still extended from 23EMA but is still trading in the PEG range.






















