Datadog

Potential cup and handle forming. Weekly uptrend support is was down at 129 if w did get a huge knock back in the market that would be my long idea area.

Howver as of now 148-150 is a strong are gave us a big bounce off of. This handle /failing channel reistance is arpund 170. Break of 170 should give us a clean rip to cup and handle neckline around 184. If we pop and backtest as new supprt 184s then we are lookin at a ver lean breakout. As of now I’d be loooking for a pull back or waiting for a break and confirmed hold above 170s

In the past double bottom range it was 153s that held price up. On a pull back that could be a sweet trade idea. Don’t chase just try to postion i some strength