GDDY the next SMCI?IMHO A very extended move. A correction is most likely due in 2025. I am short at around 204 and will add to shorts up to 230ish area. Then wait for a bit and lets see what happens :)
GDDY trade ideas
sub 200 with bearish sentiment With indicators submerging into a bearish dance, you can see a few points drop but not a significant retrace before it convenes to the bullish side.
Buy GoDaddyShort Term Trading Advice by Naranj Capital
Buy GoDaddy
● Buy Range- 182 - 186
● Target- 195 - 197
● StopLoss- 177
● Potential Return- 5-6%
● Duration- 12-14 Trading Days
Godaddy bullish for the short term target of 175/182 (TP2) if Gddy breaks recent high, there is good scope of swing trade until 182, with half the profit booked at 175.
$GDDY daily chart. I have 3 setups:NYSE:GDDY
Starting with the most conservative one:
1. Gartley - takes us up to 163.56 for completion
2. Deep Gartley - takes us up to 165.47 for completion
3. Crab - takes us up to 179.45
Some key resistance levels to help validate some of these moves:
161.50 = neckline resistance (for all harmonics)
167.65 = x point resistance (for crab harmonic)
GoDaddy $GDDY meets CANSLIM MethodFor Traders: Keep an eye on those Support/Resistance levels. A break above could signal a short-term buying opportunity, but a failure to hold might lead to a deeper correction.
For Investors: If you believe in GoDaddy's long-term growth story, perhaps consider accumulating on dips. The tech sector's volatility might offer buying opportunities, especially with GoDaddy's diversified revenue streams.
General Advice: Always balance your technical analysis with fundamental insights. GoDaddy's strategic positioning in the tech and e-commerce space could outweigh short-term market fluctuations.
LOOK VERY closely at the MACD see what it's doingOnly 155 seems reasonable. This ticker has had buyers' sentiment for most of the year, and with the MACD death cross, that time has come.
A simple Stock strategy to trade with edge!A simple, profitable strategy.
If you’re struggling to trade profitability and searching for the ‘Holy Grail’ of trading strategies, then you’re in luck. I’ve got it for you….
DON’T SHORT STOCKS!
Well, that’s it in a nutshell. I will elaborate, but please read on because this was a game changer for me. It sounds too simple. Honestly, my win/loss ratio has improved , and my hairline has stopped receding.
The simplistic rationale for long only
1. Just look at the S&P500 chart since 2010. It is statistically impossible to lose money if you only buy.
2. People want to buy stocks! It’s just a fact. Everyone in the world is investing in stocks, whether it's for their retirement, their children's ISAs, speculating through the 30 apps on their smartphones, or visiting their local bank, with the aim of beating inflation and outperforming savings accounts.
3. During the most significant event of my life, the infamous COVID-19 pandemic, the S&P500 experienced a 30% decline, causing the world to stop, businesses to close, and a sense of impending doom! The S&P is now up 60%, reaching an all-time high!
4. The buy-only mentality, when combined with simple technical analysis, can eliminate 50% of trade ideas, clear your mind, reduce 50% of stress, and, as stated in Point 1, enhance your edge.
5. Most importantly, stocks are an appreciating asset; they want to go up. A company's entire purpose is to grow!
Okay, so that’s a really simple rationale. I get that some stocks do go down during market corrections or natural ebbs and flows; we want market pullbacks. We could go into boring stats like volatility and liquidity, etc., but the key point is that stocks go up! I can’t emphasise this enough.
The simple strategy
My strategy applies to stock indexes (US500, US100, etc.) as well as individual stocks; however, indexes are easier, in my opinion. I would recommend sticking to well-known stocks that fit this complex filter. Is it likely to fail? Here are some recent stocks I have traded using this filter. McDonald's (MCD) and Go Daddy's (GDDY)
We've already decided to focus solely on long-only trades, so how do we begin? We chase momentum using these complex , simple technical tools.
1. The daily price must be above these simple moving averages (SMA): 20, 50, 100 = momentum!
2. 4-hour price above these simple moving averages (SMA) of 20, 50, 100= short-term momentum.
3. Avoid trading at major resistance levels.
4. Enter trades on a 4-hour chart; don’t over-analyse.
5. Take profits.
To fine-tune an entry, you can apply this extremely simple framework to any existing TA skills, candlestick patterns (bullish engulfing, ABC pullback, pinbar, etc.), or market structure.
Here are some examples of trade entries on MCD, GDDY, and SPX. Follow the framework and keep your trading simple.
needs attention to breathe easier to 150Very oversold but continues to make newer highs and does not seem to budge; the drop is imminent to create a way for another run.
The news speaks for itself on an uptrendMACD crossover, room to run more on stochastic closing in on RSI, better coverage. It seems that on a bad day, Wall Street is seeing a continuation due to the strength of the price based on guidance. I am bullish, especially of this trendline, which has seen multiple attempts at breaking but has stood firm.
Will GoDaddy GoLower?GDDY is in a rising wedge and looks to be losing steam after this leg up. After the wedge breaks down, there are multiple gaps it needs to fill and these are my price targets.
go daddy go boom soon?after being added to SPY, GDDY looks to break out another ATH. look for a test of the S/R in the coming days
GDDY heads up at $122.62: Golden fib Triple Top? or Break-n-Pop?GDDY at All Time Highs right up against a Golden Genesis fib.
It has tested three times now, now looks likely to break out.
I prefer a Break-n-Retest entry, others might take the break.
Next fib is a big jump, so need ample fuel before attempting.
It is PROBABLE that we break and retest a few times.
It is POSSIBLE that we pullback from here to reload.
It is PLAUSIBLE that we have topped and start falling.
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GoDaddy and ENS Collaboration: A Leap Towards Crypto IntegrationGoDaddy ($NYSE: NYSE:GDDY ), the global giant in domain registration, has joined forces with the Ethereum Name Service (ENS). This partnership signifies a pivotal moment in the journey towards cryptocurrency mass adoption, opening doors for users to seamlessly integrate their conventional Web2 domains with Ethereum names at no additional cost.
The Collaboration in Detail:
The Ethereum Name Service, a decentralized domain system built on the Ethereum blockchain, has bridged the gap between Web2 and Web3 by partnering with GoDaddy ( NYSE:GDDY ). Through this collaboration, users now have the ability to link their existing domain names registered with GoDaddy ( NYSE:GDDY ) to Ethereum names effortlessly.
Enhanced User Interface:
GoDaddy ( NYSE:GDDY ) has revamped its user interface to accommodate this integration seamlessly. A dedicated section within the platform allows users to configure their domain names for use as alternatives to Ethereum addresses across various Web3 applications. This enhancement empowers users to engage with digital wallets, blockchain explorers, and NFT marketplaces using their familiar domain names, streamlining the user experience in the crypto space.
Zero Extra Cost:
One of the most compelling aspects of this collaboration is the absence of any extra cost for users. The initiative ensures that individuals can harness the benefits of blockchain technology without incurring additional expenses. This democratization of access aligns with the ethos of decentralized systems, making crypto integration more inclusive and user-friendly.
Impact on ENS Token Value:
The market response to this collaboration has been notable, with the ENS token experiencing approximately a 7% increase in value post-announcement. This uptick reflects the positive sentiment surrounding the partnership and underscores the growing importance of blockchain integration in mainstream platforms.
Towards Mass Adoption:
This collaboration between GoDaddy ( NYSE:GDDY ) and ENS marks a significant stride towards mass adoption of cryptocurrencies. By enabling users to leverage their existing domain names in the decentralized realm, the partnership addresses a key barrier to entry for many potential users. The enhanced user interface and zero additional cost aspects further contribute to a more seamless onboarding process for individuals looking to explore the world of blockchain technology.
Conclusion:
The GoDaddy ( NYSE:GDDY ) and ENS partnership exemplifies the evolving landscape where traditional web services intersect with the decentralized blockchain space. As more industry leaders embrace these collaborations, we can anticipate a smoother transition towards widespread adoption of cryptocurrencies. The enhanced user experience and the positive market response indicate that such initiatives play a crucial role in shaping the future of a more interconnected and decentralized internet.
GDDY - Bearish IdeaYup Im short on most ideas for now :) until proven otherwise, I can see a lot of names going for a run down. GoDaddy is one of them.
Giving it until mid March to play out. #options
Good luck!
GoDaddy Could Finally Be Going SomewhereGoDaddy didn’t go anywhere for years, but that might be changing.
Today’s chart uses a two-week interval to highlight the prolonged consolidation period between late 2018 and earlier this quarter. Notice the large bullish engulfing candle in late October and the start of November, with continuation this month.
That strong move established GDDY near the top of its long-term range. The stock already made new daily closing highs and is on the verge of a new weekly closing high. That may suggest it’s getting ready to escape the long-term range.
Next, the series of higher lows since late 2022 could indicate that bulls were quietly accumulating shares. The Internet-hosting company also broke a triangle that started last summer.
Third, the price action may resemble moves one year ago in NYSE:FICO Fair Isaac. It also broke out of a long-term consolidation pattern in November and proceeded to roughly double. Could GDDY follow a similar path in the New Year?
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GoDaddy Inc's COO Roger Chen Sells 11,125 Shares Roger Chen, the Chief Operating Officer (COO) of GoDaddy Inc (NYSE:GDDY), sold 11,125 shares of the company. This move is part of a trend for the insider, who over the past year, has sold a total of 33,375 shares and made no purchases.
GoDaddy Inc is a leading provider of cloud-based solutions to small businesses, web design professionals, and individuals. The company's services include domain name registration, website hosting, website design, and email marketing, among others. With a market cap of $12.05 billion, GoDaddy Inc is a significant player in the tech industry.
The insider's recent sell-off is part of a broader trend within GoDaddy Inc. Over the past year, there have been 40 insider sells and no insider buys.
On the day of the insider's recent sell, shares of GoDaddy Inc were trading at $74.14, giving the company a market cap of $12.05 billion. The stock's price-earnings ratio of 41.33 is higher than the industry median of 25.77, but lower than the company's historical median price-earnings ratio.
The insider's decision to sell shares could be influenced by a variety of factors. It could be a personal financial decision or a strategic move based on the insider's assessment of the company's future prospects. However, it's important for investors to consider the broader trend of insider transactions, as well as the company's overall financial health and market valuation, when making investment decisions.
In conclusion, while the insider's recent sell-off may raise some eyebrows, it's crucial to consider the broader context.
Price Momentum
GDDY is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
GDDY long position Hello traders
Let's have a look at GDDY chart on 4h time frame.
GDDY is at the support.
Our strategy is to buy at the support and sell at the resistance.
In our opinion it's pretty likely that we will see more ranging before choosing the direction for a trend.
Entry, target and stop loss are shown on the chart
Good luck!
GoDaddy Buying Opportunity GoDaddy announced three new products and services that leverage generative artificial intelligence (AI) to help them accomplish vital but time-consuming tasks to grow their business.
With GoDaddy's three new AI products that now use generative AI, small businesses can quickly and easily generate:
Online Store Product Descriptions – GoDaddy's incorporated AI technology takes a product photo snapped by the business owner and generates a creative, customized product description from it within seconds. A set of prompts are run through three AI models to deliver a concise, high-quality compelling summary that gets dropped in the item's description online.
Customer Service Messages – Sometimes an interaction with a customer can take place over days or even weeks. Due to the varying length of elapsed time, business operators can struggle to remember exactly what a customer needed or wanted. Now, instead of scrolling through emails, notes, texts or direct messages to catch up, they can use the GoDaddy Conversations app. Powered by AI technology, it summarizes the conversation with the customer and after a little direction from the small business, it proposes responses the business can adapt and send to keep the customer feeling cared for and appreciated.
Instagram and Facebook Ads – Most small businesses aren't advertising firms, so they don't know the best practices for creating advertisements, including on ever-popular social media channels. That's where GoDaddy and generative AI come in. Now GoDaddy customers can use Digital Ads to generate eye-catching ads almost instantly to attract people to their business.
Cycle Sniper H4 confirmed long trade on May 12th and Neutral on the Daily TF
Positive news can be a new catalyst for the stock.
Good Luck!
GDDY in a downtrend (SHORT) 20% gainsGDDY remains in a downtrend. The price couldn't break the downsloping resistance. We're expecting another rejection when/if the price push up again. Short at the resistance , exit your shorts at the support (65 $).
Almost 20 % gains to be made. Good luck!
Bullish Diamond Pattern on GDDYNot that GDDY has a ton of volume but we are seeing a bullish diamond pattern emerging. As you can see there was a bearish rising wedge which broke down. It has been in a bullish bottom diamond pattern since that break down. If we weren't in such a weird macro environment it would be a foregone conclusion, or at least a hopeful conclusion, that GDDY would hit $100 or around that target at some point this year. Only time will tell but we can trade accordingly if things change with the macro environment.
