Chart of the Day: DDOG Cup and Handle
Description
Datadog (DDOG) shares raced higher after earnings, continuing a bullish formation according to Rachel Dashiell. She shows the current "cup and handle pattern" taking shape over the previous 20 days saying the "bullish evidence is really stacking up." On a longer-term chart, Rachel calls it a "beautiful chart" while highlighting potential resistance levels around $204 and $225. She also points to its relative strength to the overall information technology sector as another positive indicator.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
























