Very nice here from $DDOG, rejected cleanly at the 1.618 Fib for Wave 3, pulled back in 3 waves to the 0.38 Fib and looking like support is starting to be confirmed here as we have a higher low so far.
As long as $DDOG continues to hold above the 0.38 Fib at $142, Wave 5 is next at $200
The 50 Day MA is also moving higher to reinforce the 0.38 Fib support level.
Ollie
2024-12-24 18:37:02 +0000 UTC