DDOG is exhibiting a steady decline of -50% price cut every 180d (6m) since early 2022, the beginning of bear market.
If the trend character resumes and fundamentals remain challenged, we shall see DDOG hit pre-covid high before the 3rd 180d window ends.
ARKK broke out the wedge, sitting just above 200dma and 50dma. MACD coiled.
Possible correction before more upsides, especially after TSLA delivery number comes out this weekend.
Upside price target
1) 43.76 Feb 16 high
2) 45.46 Feb 2 high =SPX 4200
Downside level
1) The trend line and March 28 Low
2) Red support zone
