Chart Patterns & Algorithmic Trader (Jan. 28, '20) (78)
DDOG Head & Shoulders Pattern
s
Reviewed in CPAT
Datadog Inc (DDOG) is trading in a H&S Pattern on its daily chart. A short
entry is entered when price closes below the neckline with a strong down
trend. Enter a short trade below $81.54 and place a stop above $89.11 ($-
7.56). Targets are placed from $70.8 to $67.8 in target1 zone and from
$59.4 to $53.3 in target2 zone.
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