REDDIT INC stock discussion
RDDT What’s next for Reddit? Are we going to new highs within the next 2 months or retesting lows?
RDDT with the popularity of Kevin Gill (Roaring Kitty) could Reddit move higher. Ideasworthtrading.com
Ideas: Bullish
Long: $57.30
Target: 67.20
Stop Loss: 49.85
Duration: 30 days
Lets check back in 30 days to see what happens. Keep sharing ideas.
RDDT Did Reddit just list this year? I am thinking about taking a position. Do any of you think it might retest low 50's?
RDDT i will buy a 1000 shares here
RDDT so tempting to short it at $46. My target buy area is around the $25 range.
RDDT on fire But will $50 be a target before earnings...
RDDT SHORT SQUEEZE APRIL Last time short interest volume ratio was this range was 3/22/24 before the 3/25/24 bull run to $70+
FINRA
Non-Exempt Volume FINRA
Exempt Volume FINRA
Short Volume FINRA
Total Volume FINRA
Short Volume Ratio
2024-04-01 2,772,012 + 263,434 = 3,035,446 / 5,701,612 = 53.24
2024-03-28 3,046,009 + 274,957 = 3,320,966 / 6,460,074 = 51.41
2024-03-27 4,408,035 + 363,688 = 4,771,723 / 9,827,196 = 48.56
2024-03-26 7,979,094 + 427,616 = 8,406,710 / 18,592,896 = 45.21
2024-03-25 4,462,170 + 383,806 = 4,845,976 / 11,361,170 = 42.65
2024-03-22 3,934,292 + 315,120 = 4,249,412 / 7,972,517 = 53.30
2024-03-21 10,030,007 + 228,394 = 10,258,401 / 19,997,924 = 51.30
Trade at your own risk
RDDT Ends with a consolidation post at the end of market around price $45.98. Price around 9:30am was $47. I took a bearish position with a 41% return on my options call. The consolidation may speak for a bullish position next trading day heading for a slow climb to price $46.94. Proceed with your own technical analysis.
RDDT will climb it's way back up the markets
RDDT Welcome Bulls to your second chance at the IPO price, now to $70+ and beyond