Tradedesk - Bottom is in BUT not a Buy
By:TradingView
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Tradedesk is showing a clear count of its corrective wave completion, a fall which lasted almsot 1.5years !
Rising volumes, Elliot wave, WIlliams Vix Fix, Divergences all are pointing that the bottom is already in. However, the prices do not show a significant divergence which could have made a case for a V shape rally. For 2026, expect TTD to do a slow and sideways base building process.
Its a safe stock to put money in, but not the one to generate good returns in 2026, investors will lose on the opportunity cost.
Rising volumes, Elliot wave, WIlliams Vix Fix, Divergences all are pointing that the bottom is already in. However, the prices do not show a significant divergence which could have made a case for a V shape rally. For 2026, expect TTD to do a slow and sideways base building process.
Its a safe stock to put money in, but not the one to generate good returns in 2026, investors will lose on the opportunity cost.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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