Analyst Observations | Nasdaq Dorsey Wright

Comments include: DDOG, TGT, & VSXY.

DDOG Datadog Inc Class A ($280.24) - Software - Shares of DDOG broke a double top at $280 to move back to a buy signal. The 5 for 5'er regained near-term relative strength in September, putting it firmly back into buy territory for now. From here, initial support lies at $256 then $244, with initial resistance found at $300 from all-time highs.

TGT Target Corporation ($147.82) - Retailing - TGT broke a triple bottom at $150 for a second sell signal since peaking at $170 in August as shares fell to $148. The stock continues to remain at 3 for 5'er with a positive trend and positive near-term market and peer RS. From here, the bullish support line sits at $144, while additional can be found at $134.

VSXY Victoria's Secret & Company ($94.57) - Retailing - VSXY broke a triple top at $94 for a second buy signal as shares rallied to $96. The stock has maintained a 5 technical attribute rating since late September after seeing the trend flip back to positive and the market and peer RS charts return to Xs, highlighting near-term strength. Okay to consider here on the breakout or on a pullback to the upper $80s. Initial support lies in the $86 to $87 range, while additional can be found in the lower $80s.

REPORT

DATE