During Monday night's Mad Money program Jim Cramer talked about some streaming plays. Investors looking for a more enticing streaming play should also consider The Trade Desk Inc. (TTD) , a platform that helps advertisers place ads on all of that streaming media.
Shares of TTD are up 89% over the past year and Cramer said the stock is not done heading higher. Let's check out the charts of TTD.
In the daily bar chart of TTD, below, we can see that the stock has trended higher over the past year but not without a number of corrections or pullbacks. Currently TTD is testing the rising 50-day moving average line but remains well above the rising 200-day moving average line.
The trading volume looks like it has been heavier since November and the On-Balance-Volume (OBV) line made a strong move up from October to early January.
The Moving Average Convergence Divergence (MACD) oscillator turned bullish in early November but by late November we saw the indicator cross to a "take profits" mode. The indicator is pointed down towards the zero line and could generate a sell signal if prices weaken from here.