Sell signal — week 12
Trade Desk: week 12 decline, double bottom in the 18 area under scrutiny
Sell signal — week 12
In Summary
Trade Desk is at week 12 of a sell signal. A double bottom has formed in the 18 area on the daily chart, but the weekly structure remains bearish and resistance in the 20 area continues to firmly reject every recovery attempt. The technical picture over the past 4 weeks shows mixed signals: the bearish momentum is fading, but no reversal has materialized yet.
IQS Phase
67
in tension
Signal Strength
9
indecisive week
Sizing
MINIMUM
Ranking
#67 / 119
US stocks
Trade P&L %
+13.02%
from signal to today
restricted Platinum content