DDOG: interesting macro potential

Interesting large multi-year VCP formation. Earnings are on Nov 6. While there’s still a chance that the correction from the June highs isn’t fully complete and that price is currently in a higher-degree bounce (running flat correction), I’ll be on the lookout for a potential (gap-up) earnings breakout.

If such a move occurs—especially if supported by a strong and positive catalyst—I’ll be watching for a delayed-reaction setup for a possible entry.

Chart:


https://www.tradingview.com/x/3FXz9FZi/

Macro view:


https://www.tradingview.com/x/TRAg5Obc/