ER is expected after the close today and it needs a good beat to show that the worst is now behind $TTD.
Price action has fallen from $141 down to $42 since the end of 2024 and not is back to its 2020 level at $57.
A double beat and the bullish move will be back into the yellow channel and moving back up to the 200 WMA at $76.
A miss and the market believes this is not factored in already and there is a drop to a lower low down to $39 I believe.
I would wait until earnings are out before considering a position, risks are still clear here.
Gareth Neary
2025-05-09 14:10:12 +0000 UTCJohn Fish
2025-05-09 14:10:08 +0000 UTCJinx
2025-05-09 13:52:55 +0000 UTC