DDOG Beat on earnings and revenue on Feb 11. However, they guided slightly lower earnings than expected going forward with better than expected revenue, I like how this dipped right down to my support line (nothing too magical about that) and went right back up. I'm hoping for a little consolidation in the next few trading days. Either way, if we get some good up volume in the next few days / weeks, I''ll be looking for a long entry. All TBD. Ideas, not investing / trading advice.According to Earnings Whispers:
Datadog Inc Cl A (DDOG) reported 4th Quarter December 2020 earnings of $0.06 per share on revenue of $177.5 million. The consensus earnings estimate was $0.02 per share on revenue of $163.3 million. The Earnings Whisper number was $0.05 per share. Revenue grew 56.2% on a year-over-year basis.
The company said it expects first quarter earnings of $0.02 to $0.03 per share on revenue of $185.0 million to $187.0 million and 2021 earnings of $0.10 to $0.14 per share on revenue of $825.0 million to $835.0 million. The current consensus estimate is earnings of $0.04 on revenue of $180.16 million for the quarter ending March 31, 2021 and earnings of $0.19 per share on revenue of $803.83 million for the year ending December 31, 2021.
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2/18 Starter position in DDOG @ 104.53. Stop below yesterday's low of $100.50. Well defined risk for me here. It's a starter position as this is not a proper pivot point but, a way early entry.
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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.