The structure is the king , Wait for the structure to form
On February 1 I charted GDDY bullish movement, topping out at the current pennant long term. That trade was closed, and now we look at the support levels previously drawn. We slightly adjust for the latest high, and we are looking at a potential pivot point at $67.20. If broken, the other levels are drawn out, but I believe it will be a tough resistance level. ...
GODADDY is responding off a key level of support at 60. Looking for GODADDY to retest 68. Earnings coming up in mid November.
Inverse head and shoulders target $88 Buy alert @ $80 Short alert @ $72 Still possible in a ABCDE correction. Volume on Friday however is very bullish and helps confirm Inverse H&S
GoDaddy - We have seen the Golden Cross on the Daily, the MA 50 moves over the MA 100, a sign of a bullish market again. This happened early January, so we expect a bullish return. This can be tested soon, as Crosses tend to have a second interaction after first crossover. Overall since 2017, we have a Bullish Symmetrical Pennant, which will be a continuation...
Will be on the watchlist for a major breakout after posting much better than expected earnings Possible ABCDE correction or inverse head and shoulders playing out .
I think this heads back to A52 week high in a hurry if they beat. Worth the risk.. but a small play. Technicals and indicators all point up, but that really failed on UAA so no guarantees on earnings.
On the 1 day chart we see a Bullish Divergence appear generally indicating a reversal alongside a broken trendline, as GoDaddy announced stronger than expected financials Q3. Average analyst target price is reading $89 for 12 months. Expect resistance around $75
Expecting a 27% bull run in GDDY stock.. Call Option Strike Price $65 Exp: 05/15/20 Price: $4.80 ( As I am writing) Target: $12 Maximum Position size 4% of your full portfolio. thanks everyone best of luck
GoDaddy (NYSE:GDDY) shares gain 8.3% after a Q3 report that beat on EPS and met on revenue. The in-line FY19 outlook sees revenue of $2.98-2.99B, narrowed from the previous $2.79-3B range and compared to the $2.99B consensus. Customers totaled 19.1M at the end of the quarter, matching the consensus and up 5% on the year. Source Seeking Alpha Average analysts price...
GDDY forming an inverted head and shoulder pattern.
IF THE MARKET DOESN'T CRASH THEN THIS IS A GOOD BOUNCE OFF RESISTANCE
I was expecting an acceleration in selloff but not this bad. On one side, the whole market is dropping but it is not all. There is so much more with GDDY. Technically the chart is broken and broken hard. Much lower prices are coming. Tomorrow I think we will see the first target that I set on Friday. We may end the day in $60 - $62 area tomorrow. At this point,...
I have been following this stock since it's just started to form the bearish rising channel. Eventually, classic inverted cup and handle formed and what was missing just a breakdown on bigger volume. Well, today we got it. I do not chase such sharp moves but decided to enter on 50% retracement. There is a chance that it may go up a bit more giving me the perfect...
This stock was a long time on my short watch. It is going much lower, any bounce is a chance to short or get out
Godaddy is way overvalued. Using DCF valuation, I can only get a value of $17.50 for GDDY. GDDY has just announced its quarterly earnings, another loss of -0.07 per share. Its sales are growing at 13% per year but it is failing to convert it to positive earnings. I think this stock is going to tank big time. In overnight trading, it dropped to $70 but bounced...
High Risk - but I have bought some August $75 Puts as they report after earnings. As risk is 100% overnight I have only invested what i am willing to lose 100% of if it does not work out. Insiders have been selling.
$GDDY-Above all significant moving av and COC (Change of Character)