DataDog quick look
Datadog is a stock I've been monitoring for quite some time.
DDOG broke the resistance from it's last high at just over $100. Before that in August 2023 there was a big gap down, the gap started at $105 and it's on it's way to closing it.
I think a break of that gap, above $105, is a good entry point if you're looking to hold this stock for the long term. I think it's one of those companies where $1,000 investment will be worth 30k in 10 years. Who knows??
Maybe $117 - $121 will see some resistance, however, the hype associated with AI is attracting investors because this company would stand to benefit from those future revenues.
DDOG has had nice bull runs in the past > 100%. Maybe we're at the beginning of the next big leg up.
DDOG broke the resistance from it's last high at just over $100. Before that in August 2023 there was a big gap down, the gap started at $105 and it's on it's way to closing it.
I think a break of that gap, above $105, is a good entry point if you're looking to hold this stock for the long term. I think it's one of those companies where $1,000 investment will be worth 30k in 10 years. Who knows??
Maybe $117 - $121 will see some resistance, however, the hype associated with AI is attracting investors because this company would stand to benefit from those future revenues.
DDOG has had nice bull runs in the past > 100%. Maybe we're at the beginning of the next big leg up.
ملاحظة
Approaching resistance at $115. It doesn't appear to be very strong resistance, in any case, we'll take a partial profit now. Cheers!
ملاحظة
I'm targeting $140 - $160 on Datadog now.ملاحظة
I would like to see $121.00 as support first.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.