$DDOG Ready to Rally?
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DDOG has been all over the place the last few months but it has manged to regain the 8 EMA the 10 SMA the 21 EMA and the 50 Day SMA. It is also comfortably above the 200. If it can push over $102.70 with some volume I'll likely open a starter position. IBD has a relative strength rating of 93 on this one too. There is plenty of negatives on this chart too (Chop). If triggered in I'll run a very tight stop and look to add on continued strength. On the fundamental side, DDOG had a 61% sales growth rate last quarter but, that was down from 84% over the previous 3 years... Ideas, not investing / trading advice.Trade attivo
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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.
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