FriscoTrades

$DT Long Idea

Long
NYSE:DT   Dynatrace, Inc.
Dynatrace is back in it's consolidating phase similar to 2020 after the May shake out.

An idea is to go long with a break below support / the box a stop with first target the upside 44 zone.

More upside implied with a Darvas box breakout .

DEC bull risk reversals bullish option positioning bolsters the idea of upside in the coming months.

Interesting volume spike as well, definitely a name to keep on watch IMO.


I'm long via bull risk reversal and short puts

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.