$TTD has been a real winner over the last few years. The company is firing on all cylinders and earnings have reflected that. The company offers a software platform used by digital ad buyers to purchase data-driven digital advertising campaigns across various ad formats and devices. And, their fast growing segment is connected TV (CTV) which is still very much in the early innings.
Let's see how it holds up given the overall current market conditions. If it does breakdown out of the channel, it could easily get back to around $180, where we've seen good support a few times over the last year.
Let's see how it holds up given the overall current market conditions. If it does breakdown out of the channel, it could easily get back to around $180, where we've seen good support a few times over the last year.
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This should be considered neutral given the overall market conditions.
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Let's see where this settles.