$DDOG: The Dog that makes you money

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Updated: 04 March 2020

$DDOG – (Datadog Inc.) is setting up nicely after showing relative strength vs the market. Technically, it tested the channel bottom and the right shoulder of previous head and shoulders pattern. Currently it held the fibs and Simple Moving Average is holding. Will look for entries in the 42.50-43.00 area with a potential move through 47 to highs.

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Remember: These are not trade recommendation to buy or sell securities. Always do your own due diligence and trade at your own risk.

Never chase a trade once it is too extended from the entry zone.

Never risk more than 1% of equity per trade.

Happy Trading!