The Trade Desk, Inc.

$TTD Trade Idea

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TTD has been consolidating over the past few days, trading in a bit of a range just below all time highs. There is also a AVWAP wedge (pink). We are seeing a triangle formation, sitting directly above our point of control. This gives us the opportunity for a potential long or short entry. Should break and hold past 455 (bearish scenario) or 480 (bullish scenario) we can go to test my price targets. Keep in mind, with this breakout to have solid continuation we would need to see increased volume step in to $TTD. Watch for a break and HOLD of these levels for a potential entry.

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