Long Position on TTD @ $62.00 on 6/18/2021 (Fundamentals)

The Trade Desk, Inc. (TTD) operates as a technology company in the United States and internationally.

Bullish Cup and Handle on $ TTDThe company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns in various ad formats and channels, including display, video, audio, in-app, native and social, and on various devices, such as computers, mobile devices, and connected TV.

It also provides data and other value-added services, as well as platform features.

The company serves advertising agencies and other service providers for advertisers.

With this stock trading post 1 for 10 split, this should send share prices higher.

Entry Point: $62.00

Stop Loss: $59.00

Trading Range: $58.51 - $972.80

Target Price: $68.00

 

 

Position closed on 6/24/2021 at price of $69.75 with a 12.50% gain in 6 days.

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