The Datadog show

Not withstanding last night’s 19% decline following Datadog’s Q2 earnings report, a new upside extreme in Datadog’s price was seen 2 months ago, suggesting that the ‘fat part’ of the trade had been seen.

See below, my Feb 2026 note.

In other words, you had no business making a new long bet at those levels.

My re-entry target is $146.

Inversely, it’s a shorting opportunity, as well.

August 7, 2026

rob@karriasset.com.au