DDOG is a buy at the current 382% Fib retracement level; target $203.
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Now, I have set up Spotify on verifiedinvesting.com, but I have also set up another one, which is DataDog.
Let's take a look at "DataDog". So, "Datadog," by the way, where are my friends? That was a reference to the rapper " DMX". Rest in peace, DMX. But you can see this here; it's the local bottom, or rather, more than just a local bottom.
This is the bottom that dates back to 2023. Then we have the most recent all-time high that happened not too long ago. This was almost a month ago. It is August. Yes, about a month.
So we saw this very recently , on August 6th, which is about 20 days or a little more . Now, this is a 382% Fibonacci retracement. This retracement is also very close to the pivot peak we see on November 11.
For me, this would be a good entry point for a purchase. The target will be $203.
What this channel has said about $DDOG
Verified Investing has only this one call on this stock.