Datadog, Inc.
Updated

$DDOG Higher Highs?

230
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 @ $110.07

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