I'm already long this name and I like how volume has been drying up the last few trading sessions. I think that means that the day traders are pretty much out setting it up for more institutional buying. I like how it's been knocking on the higher end and I'm looking for
DDOG to break thru that and move to new ATHs. I have an alert set at $108.25, a new high, if it triggers I'll be looking to add to my position as I think this one has room to run. All TBD. Ideas, not investing / trading advice.
Trade active
10/6 I like this name so much I opened a trade on market weakness (buy the dip). I rarely use this strategy as it's a kin to the old "trying to catch a falling knife." That said I'm in at $103.50 and will have tight leash stop at just below yesterdays low.Trade closed manually
Due to continued market weakness I have closed this position for a small profit sold @ $110.07Ideas 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.
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.