Trade Desk Inc

After forming a post-capitulation base above the August flush low with contracting range and falling volume, price has stabilized and is tightly tracking the flat-to-rising 9/20 EMAs in oversold territory. Selling pressure appears exhausted, supporting mean-reversion potential. Execution favors buying pullbacks into the EMA band for participation in a probable rebound.

• ↑Adjusted EBITDA was $241M in Q2 with a 34% margin
• ↑Free cash flow of $136M and $1.5B cash bolster liquidity
• ↓Revenue of $715M grew just 3% in Q2, below consensus