The Trade Desk emits signals of weakness - Analysis - 18-11-2022

Economies.com
2022-11-18 12:47PM UTC

The Trade Desk's stock (TTD) fell in the intraday levels, amid negative pressure from the 50-day SMA, with the dominance of the main downward short-term trend, while the RSI reached overbought levels compared to the stock's movements. 

 

Therefore we expect more losses for the stock, targeting the first support at 48.16, provided the resistance of 57.20 holds on.

 

Expected trend for today: Bearish

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