$TTD: Trade Desk stock rockets after earnings as CEO says company is outperforming like never before ($ROKU reports AMC)

Shares of Trade Desk were up 28% in morning action. Shares of streaming-media company Roku Inc. [ROKU, 9.02%]

(ROKU Stock Price | Roku Inc. Cl A Stock Quote (U.S.: Nasdaq) | MarketWatch), which is due to post results after the closing bell, were up more than 7%.

Executives at Trade Desk, which makes programmatic ad technologies for connected television, see that area of the market as particularly compelling right now.

“Not only is the shift from linear to CTV driving significant growth in digital spend as advertisers shift dollars from linear TV to connected TV, but more spend is happening outside the walled gardens as advertisers shift spend from user-generated content to premium streaming content,” Green shared.


$TTD daily, weekly, and monthly charts show today’s good looking breakout. Very bullish power earnings gap up on the daily chart and the open above an important horizontal resistance shows that this horizontal will build a strong support at that level:

This is the kind of look you want to see after a major crash in share price turns into a correction.

I am nibbling here. Might nibble on $ROKU before the close and earnings too, although, I think $TTD has a bigger TAM.

$ROKU daily, weekly, and monthly markets

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