Datadog (DDOG) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators. A downtrend has been apparent in Datadog (DDOG) lately. While the stock has lost 6.3% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears t ...