Today’s instrument is the DataDog Inc.‘s stock traded in Nasdaq exchange under the ticker DDOG.
Looking at the DDOG‘s chart, we see that after a long upward movement it reached the lastly traded price of around $88.70.
Today, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should expect a further price increase above the level of $90, later this day, with the possibility to approach its resistance level at around $95.
On the other hand, it could test its support level at around $82.
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