Dr_Chester

DDOG. Triangle. Target -23%

Short
NASDAQ:DDOG   Datadog, Inc.
We now see a descending triangle at the top reversal pattern. The price target of such models is measured along the widest part of it (23%) and set aside under the horizontal line, that is, up to $ 118. This target is complemented by the Gap on Aug 5 '21 ($ 116-126).

Cycle analysis says a return to the bullish cycle should be expected by February '22.

Not financial advice.
Take care.

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