TTD The Trade Desk is at a critical resistance area of an ascending triangle. The measured move for a breakout is $140. A rejection could see it retreat to the $87-$80 area.Both MACD and RSI are showing bearish divergence, so there is a possibility of a rejection. Not a good risk/reward.
I am sitting on the sidelines. 👀
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.