Datadog (DDOG) Breaks Out While Microsoft Lags Behind

BTIG's Chief Market Technician, Jonathan Krinsky, reports that the SPDR S&P Software & Services ETF is maintaining stability above a significant base pattern, showing relative strength and is poised for a breakout. This ETF has risen 3.92% this year, though it experienced a 1.30% decline recently. BTIG recommends Datadog (DDOG, Financial) as it breaks through its base pattern with a continuous upward trend, rising over 7% in the past four days. Datadog has seen a 7.73% increase over the past five days and a ...