DJT to $42NASDAQ:DJT looks like it is tying to make its way out of the lower Golden Zone. Assuming 34.75 holds this will retest 41.50-42 Area. Let's see what happens.
DJT trade ideas
$DJT Bull run into inauguration? Money over Politics?Trump Media ( NASDAQ:DJT ) retraced to the 61.8 fib level and is poised to run up into the inauguration. This could be a 100% gain? Also if there is any other news about acquiring a crypto related company or asset, that could be the catalyst to higher prices. This is purely a speculative play. The company does not currently have great fundamentals.
DJT retracement to $40sCan DJT make a retracement bounce to complete C wave to the $45-$49 range? Confluence w : Fib retracement 0.66 - 0.786 + VAH of range + monhtly level ~48-49. Any thoughts?
Of note: Fib times 12/23/24 and 1/14/25 (near inauguration) look interesting.
DJT Hits 3rd Target at $36.05 – Strong Momentum!DJT has successfully hit its 3rd target at $36.05, with strong bullish momentum continuing. The next target is set at $38.18, while the stop-loss (SL) is secured at $35.01.
Key Levels:
Support: $33.75
Stop-Loss (SL): $35.01
3rd Target Achieved: $36.05
Next Target: $38.18
Momentum remains intact, and price action suggests further upside potential. Keep an eye on volume and price behavior near resistance levels for confirmation.
#DJT #Stocks #TechnicalAnalysis #NASDAQ #Breakout #Bullish #Investing
Call It Cup N Handle Or Inverse H&S, Measured Move Could Be EpicCall it what you will. I see both, a cup and handle and an inverse head and shoulder, the measured move, if it plays out, will be epic. Volatility will soar through the roof in next 2 months.
DJT Hits $35.01 – Eyeing Next Target at $35.86!DJT has reached a key level at $35.01 and is showing strong bullish momentum as it moves toward the next target at $35.86.
Key Support: Holding above $33.75 is crucial for continuation.
Next Steps: A breakout above $35.01 could pave the way to $35.86. Watch for volume and confirmation!
Stay tuned for updates as we monitor the price action. 🚀📈
DJT Hits Target at $33.74 – What's Next for the Momentum?**DJT - Target Achieved at $33.74**
The price has successfully hit the target of **$33.74**, demonstrating strong bullish momentum.
📊 **Key Highlights:**
- Resistance at **$33.74** has been reached after breaking through **$31.91**.
- Strong buying pressure led to this breakout.
🔮 **What’s Next?**
1️⃣ **Bullish Continuation:** If momentum persists, we could see further upside. Monitor for a breakout above **$33.74** for the next potential target.
2️⃣ **Pullback:** Watch for a potential retracement toward support levels at **$31.91** or **$30.56** for consolidation before another move.
Stay tuned for updates as the next move unfolds! 🚀📈
Breakout Success: Yesterday's Analysis Delivers Big!Yesterday's analysis played out perfectly as the trade hit its first target. The breakout was strong, and the price action aligned exactly as anticipated. A great example of how patience and planning lead to success. Share your thoughts or let me know how your trades are going!
DJT: Breakout Setup to $33.75"DJT on the 30-minute chart shows a potential breakout setup. Entry is positioned above $30.46, targeting $33.75, with a stop-loss at $29.58. The trade aligns with a low-risk, high-reward strategy.
Bullish Long for DJTDJT's tremendous buying volume today pushed the stock price to $32.17 (+18.43%). A golden cross formed on the hourly chart on October 8th, and if DJT keeps its bullish momentum, a golden cross will likely form on the 4-hour chart in the next few days. The weekly chart shows that October holds the strongest buying volume for the year. This should help DJT play at a higher value.
Fundamental Analysis—The surge is likely due to interest and support for Trump's upcoming presidency. This is what happened in March 2024. DJT's value rose due to the loyal base of Trump supporters. Analysts labeled DJT as a meme stock, trading more on social media buzz than traditional financial metrics. Knowing these fundamental analytics, I believe DJT will find great value and performance depending on a Trump victory.
Looks like DJT is poised for something big to happenThere was rumor of an offer made for BKKT last week and that stock shot through the roof. The rumor is that DJT walked away from the deal. The stock has traded close to the $30 price point for several days since.
JDT in Giant Head 'n Shoulders (inverse). Picturesque Inverse H 'n S.
If we are all here next year and the globalists (still in power) don't commit murder suicide, and if the remaining leftist socialist/communist mindset wakes up to the matrix, and realize they are just pawns of global governance.
This could happen!
I was staring at it initially right as it was announced involvement with DJT as (DWAC), and the subsequent massive run-up.
Full disclosure: I do not own a position but, wish I had bought on the pullback to lows.
We don't know the future because of the remaining occultists that follow the late Bush H's globalist agenda. These people will do anything to maintain power including sacrificing all of us while they hide in bunkers. They do not care about humanity. They are anti-human. They are predictable and unpredictable at the same time. They are the symbolic nature of an inverted pentagram that hovers in Washington DC. These same people elevate George Washington when he wanted nothing to do with them. These people are the ones involved in JFK, Reagan and Trump indictments and attempts, and success with JFK's life. This is a conspiracy reality.
"Deception is a state of mind and mind of the State" -James Jesus Angleton
(December 9, 1917 – May 12, 1987) was a long-serving chief of the Central Intelligence Agency's (CIA) counter-intelligence (CI) staff (Associate Deputy Director of Operations for Counter-Intelligence/ADDOCI).
Let's see how the world plays out. This will definitely get dinged and removed by a mod so embrace the truth while it lasts.
DJT at a Crossroads: Bullish Momentum or Potential Pullback?The DJT stock is showing signs of a potential trend reversal after a prolonged downtrend. For an extended period, the stock moved in a clear downward trajectory, forming lower highs and lower lows. Recently, however, a significant breakout above the downward trendline has occurred, accompanied by a noticeable increase in trading volume, signaling renewed buying interest.
The price has established a strong support zone between 28.50 and 30.00, where it has shown stability and a sharp rebound. This zone highlights a key area of buyer activity, making it a crucial level to watch. On the upside, the levels of 66.42, 70, and 92.50 represent important resistance zones. The first at 66.42 may act as a near-term barrier, while 70 is a natural psychological resistance level and the next logical target. Finally, 92.50 serves as a long-term target if bullish momentum persists.
Recent price action also reflects strategic liquidity plays. Liquidity was swept from the lows below 30.00, likely allowing for significant accumulation by institutional buyers. The subsequent price recovery above this level reinforces the potential for a sustained upward movement. Breaking and holding above 66.42 will confirm strength in the upward trend, potentially paving the way toward 70, and eventually 92.50, a key historical level.
Additionally, moving averages are aligning toward a bullish crossover, further supporting the outlook for continued upward momentum. The recent increase in trading activity at current levels underscores growing market interest and confidence in the stock.
Looking ahead, if the price remains above the 28.50–30.00 support zone , the next targets are 66.42, followed by 70, and finally 92.50 as the primary resistance levels. However, caution is warranted in the event of a break below 28.50, as this could lead to further downside toward 13.01.
In conclusion, the stock is at a critical juncture. Monitoring price action and volume near key levels will be essential to confirm the next direction. Risk management remains paramount, especially when navigating strong support and resistance areas.
SOME NICE SETUPS I'M WATCHING THIS WEEK (November 17, 2024)Going over a basket of stocks that currently show some interesting trading opportunities opening up
DJT Potential Bullish TrendHaving mapped out the key support price of $28, and with DJT following up the trend-line highlighted in the pictorial description, a strong reversal is expected, with prices projected to re-bound towards the $38 - $43 range next week.
TRUMP MEDIA STOCK ON THE RISETrump media stock has continued to rally after Trump made announcement on his truth social account that he maintains roughly 60% of DJT and will not sell his shares In the company. At Monday's closing level of around $33 a share, Trump media boasts a market cap of about 47.2 billion, giving the president elect a stake worth over $4.3 billion. The shares have been going up since trump victory and believe will continue going up.
TECHNICALLY, there is a consolidation inside a falling wedge, breaking it will lead to bullish momentum. keep buying.
DJT (Trump Media Technology Group Corp) Nov. 12, 20241-Hour Chart Analysis:
The stock is currently trading at $31.92, sitting just above the $31.90 bid price level, suggesting potential consolidation in the near term.
There’s a downward channel forming, with the upper trendline acting as a strong resistance, and a descending support line providing a potential floor around $25.58.
🔍 Key Technical Levels:
Resistance Levels:
Primary Resistance: $35.26 (strong overhead supply zone; previous rejection area)
Secondary Resistance: $41.71 (pivot level where momentum shifted bearish previously)
Support Levels:
Primary Support: $31.00 (current price action zone; potential intraday bounce level)
Secondary Support: $25.58 (critical level; a breakdown here could lead to accelerated selling)
📈 Indicators Analysis:
MACD: The MACD line is attempting a bullish crossover but is currently flat, suggesting indecision. A strong crossover would signal a potential shift in momentum.
Volume: Volume appears to be tapering off compared to earlier in the month, indicating weakening conviction among buyers. A volume spike would be necessary for a significant breakout or breakdown.
Moving Averages: The price is sitting below both the 9-EMA and the 21-EMA, which are sloping downward, reinforcing bearish momentum.
💡 Trade Ideas:
Bullish Scenario:
Look for a breakout above the $35.26 resistance. If confirmed with volume, the next target could be around $41.71. A sustained move above this level would indicate a reversal and potential uptrend.
Bearish Scenario:
Watch for a rejection at the $35.00 level and a failure to hold the $31.00 support. A breakdown below $31 could lead to a sharp sell-off towards the $25.58 support.
💬 Trading Suggestion:
Given the downward channel, consider shorting near the upper trendline with a stop above $36. For a long position, look for confirmation of support at $31 with a tight stop-loss.
Monitor the MACD closely for confirmation of direction as the histogram shows decreasing selling pressure, which could indicate an upcoming reversal if the crossover occurs.
🔔 Short Disclaimer:
This analysis is provided for educational purposes only. Please conduct your own research and use this information as a supplement to your trading strategy.
Trump Media on the Move: Will We See $62 or a Bigger Reset?Alright, trading family, let’s talk about what’s brewing with Trump Media Group (DJT). Here’s what I’m seeing:
1️⃣ Scenario 1: If we close above $34.52 on the 4-hour chart, we could see a strong push up to $42, $51, $62, and maybe beyond.
2️⃣ Scenario 2: A pullback to $28.94–$28 could set the stage for a bounce back up to those same zones.
3️⃣ Scenario 3: If we break below $25.41, we might head down to the $17–$20 range before finding support and potentially pushing back up.
Stay patient, let the price action guide you, and remember—it’s all about riding the waves the market gives you. Always trade what you see, not what you think!
Mindbloome Trading/ Kris
My DJT positionHey Guys! you could see my position in this trade and write now i m already in profit.
Trump Media Stock Update: Short-Term Opportunity?It’s essential to understand that recent volatility in Trump Media’s stock price is driven more by speculation surrounding Donald Trump’s potential election win than by the company’s own financials, reports, or fundamentals. The stock, which once peaked at $175 even without Trump in office, reflects the anticipation tied to his election campaign. Should he win, it could potentially bring even higher valuations.
Currently, the stock has tumbled from around $54 to $30, a price that many now consider cheap. This sharp decline of nearly 44% might create a short-term buying opportunity for those who anticipate a rebound.
DJTThe DJT stock has broken the key support level of $12.34 and has risen to test the broken ascending channel and the supply zone from which it has previously declined multiple times. It is natural to expect a strong drop from this zone. We anticipate a decline towards the demand area, potentially with corrective movements during the descent or a direct drop. Once we reach the demand zone, we will update the chart and wait for entry signals or a breakout to form a new bottom.
DJTThe DJT stock made a strong upward move, breaking through the descending trendline shown in the chart around $28. It completed Wave 1 at $54.5 and then rose to a strong supply zone that we had previously warned about as the reason for the decline in the previous post, marking Wave A. It then dropped in a corrective move to the demand zone we had mentioned earlier and has now risen strongly in Wave B. Currently, we are in Wave C.We are now waiting for a strong buying zone, a cluster formed by the intersection of the descending trendline, the demand zone, and the completion of a harmonic buying pattern, which lies between $20.94 and $18.54(PRICE ACTION). The stop loss is set at a weekly close below $17. Our target is Wave 3, aiming for a breakout above the last peak at $54 Tthen 80$. This is the bullish scenario. The bearish scenario would be triggered by a weekly close below $17, but this possibility remains unlikely for now.
DJT a winner in life. A winner in the market? Hello Traders,
Quite obvious large wedge pattern emerging here, with price action sitting on a solid support. If it breaks support below shown on the chart, we will more likely than not, come down between $10 & $11. This would have course be our best entry point. Could it happen? OF COURSE, this is why we do TA! It is to assure we have a plan for all possibilities and minimize risk along the way!
That being said, where price action is currently, we could very likely start next week with a green candle and continue it through mid week and if so my plan is to start buying some contracts If the week closes green. Possibly a few if we get two green closes M & T. it’s very likely to break out in the next month or two. Maybe within another 1-2 weeks. If we see a solid green candle close next week.
In addition, look at that massive sell volume that couldn’t even break support. My money is on the bounce and then breakout here where we stand! Best of luck and always follow the path of less resistance and have a plan for a diverging outcome! This is law if you want to be consistently profitable!
Stay Profitable,
Savvys
