DJT bullish targetsWe're going to win, and we are going to win BIG.
Everything with the Trump name turns to gold, why would this be any different?
DJT trade ideas
90 + % off all shareholders are under waterAs the chart shoes, the graph on the right side is the volume for that price level, as you will notice 90+% of the volume is way above the current price and with the unlock period is coming at the end of September all the rats are going to leave the ship. Leaving the common shareholders to loose their shirts, in other words funding Trump and company their lifestyles.
DJT falls on stratospheric valuations SHORTDJT, the Trump media company, had a massive run up after the DWAC merger only to fade and
fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in
meme fashion but is now falling as fundamentals come to light. In five months the namesake
will be able to sell if there is any remaining value. In the meanwhile, the board will likely
refuse an early sell permission because that would like cause a " long squeeze". DJT is a good
short right now no matter the locate and carry fees which are very high. I was long DWAC
and am now short DJT using the profits from the merger volatility. Selling volumes are rising
showing the longs are beginning to get squeezed. The relative trend indicator shows
a strong move down.
DJT BreakoutDJT finally broke out of the downtrend it had been in since March of this year. So far it has seen a pretty big rejection, but it came right back to retest the trendline it broke out above. Looking for this to go on a big run in the near future assuming this isn't a fake out that results in it breaking back below the trendline again.
DJT Potential for POPDonald Trump has been the center of media attention over the few days after his attempted assassination.
The stock has also been trending in a range for the last year between the Value Areas on my chart.
Recently, there has been a large interest for trump support monetarily which may lead supporters into purchasing the DJT stock as a sign of support for the former president.
But for me personally, I don't care as much about the noise but more so the data on the chart.
At the moment, we have reclaimed the Value Area Low after a failed auction below $30. Since then, we have seen a massive move to the upside directly into the range point of control.
As long as we remain above the Value Area Low at about $30, the market can move up above the range POC and towards the higher end of the value area at around $50.
This would be nice move to capitalize on given the market remains bullish.
Only time will tell!
DJT stock: Dead cat rebound or wave of support?Trump Media & Technology Group Corp's stock surged following news of an attempted assassination on major shareholder Donald Trump at a political rally on Sunday.
Given the fervent nature of Trump's supporters, it's plausible that voters could turn to their wallets before casting ballots in November as the presidential race heats up. Drawing parallels to the recent activity surrounding the GameStop stock, a meme rally cannot be entirely ruled out, potentially presenting a lucrative opportunity for speculators.
For this scenario to materialize, high trading volumes in the stock need to persist. The average trading volume over the past two weeks is around 10 million shares. If today's activity surpasses this figure, it could indicate sustained interest in the stock following yesterday's massive gap up and record trading volume.
Although DJT stock closed $6 lower than its opening price, it currently hovers around the crucial $40 level. If the bulls can maintain the price above this level before today's close, it could signal a further bullish trend. Conversely, if the price were to fall below the $40 mark, we might see the stock trading at its early July levels of $30.
This trade is highly speculative, and while the current political climate could easily add more fuel to the fire, it's crucial to monitor the fundamentals. DJT reported a loss for Q1, but with Q2 earnings around the corner, investors should stay vigilant. Call spreads with 30-40 DTE (shortly before Q2 earnings report) might be an interesting play here regardless of the direction you're betting on.
GappyMarket didn't really react to the VP but dropped more. Looking like its gonna close the gap before moving forward now... Also So much videos of JD Vance talking crap about Trump wont help.....
$DJT SHOWING A REVERSAL SIGNAL ON THE WEEKLY!NASDAQ:DJT had a major gap up after the events of the weekend. We took a position on this last week at $28 so we are way underneath it. I am targeting $80-$100. Looking to sell when the RSI gets back up to the white dotted line or a red dot comes whichever comes first.
$DJT - Could rip to the upside.NASDAQ:DJT Trump Media could rip to the upside. A triangle breakout could send the stock to the $50 to $75 area! 🚀
No, you are not trading this one on fundamentals. It simply doesn't apply.
Too bad I don't have any position.
Was it Stage Was it The REAL DEAL!!??Double Bottom getting ready for a Rocket ???? Follow the Flow... ? Since this might be closing
Long Buy - 1 HTFI see a potential opportunity for a long position (buy) in Trump Media & Technology Group Corp.
There are multiple reasons behind this, especially considering the events of July 13th. These factors could significantly increase the chances of the stock rising.
Trump Media could be this years GamestopI am not kidding!
Political motivated investing could moon this thing
forget P/e's cashflow
This is memecoin style investing on the stock market
Its happened before it could happen again
particularly as we get into the election in November and inauguration in January
#MAGA
A clear Pattern is near to delivery: Inverted Cup & HandleA clear Pattern is near to delivery: Inverted Cup & Handle looms over DJT technicaly. And ist similar to the biological patterns.
7/1/24 - $djt - meme move incoming on biden out?7/1/24 :: VROCKSTAR :: NASDAQ:DJT
- valuation makes no sense, you know, i know, he knows, everyone knows
- but i've commented on a bunch of these memes/ catalysts lately
- if biden is going to drop out, sooner is advantageous for his party esp after last week
- sources reporting this could be case, just preparing presser?
- benefits the NASDAQ:DJT pump?
- OTM calls expensive, but ATM not awful $2.25 for the 7/5 23C given potential imminent catalyst (early this week?)
- downside probably 50% given the high IV if this doesn't happen in the next day or so
- upside should be a several bagger - 2x minimally, which would indicate it's a +ve NPV trade
- literally bot one contract to play the meme
- just flagging in case anyone else has similar or ideally totally diff POV
- slow earnings week ha
V
Yet again Trump shows his true colorsTrump Media shares plunge 17% with newly available DJT shares set to dilute stock value. Trump Media in a prospectus filed Tuesday with the SEC said that up to 14,375,000 additional shares would be issuable upon the exercise of those warrants. Which are Redeemable Warrants, each whole warrant exercisable for one share common stock at an exercise price of $11.50.
So i'll give you 1 guess who will get those warrants, hint NOT the common shareholders, Trump and his insiders which will be quickly exercised to common and dumped. I'll give you 1 guess as to the SUCKERS that will buy the shares they dump, hit it's YOU the common shareholder, or true believer...... unfortunately will never learn their lesson.
Trump Media Tumble After Ex-President Found Guilty in NYCTrump Media & Technology Group, ( DJ:DJT ) the owner of Truth Social, experienced a slump in shares after former President Donald Trump was found guilty in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. Trump Media's stock fell about 9% in after-hours trading on Thursday as news of the verdict emerged. The stock, which trades under the ticket symbol "DJT," has been extremely volatile since its debut in late March and has been prone to ricochet from highs to lows as small-pocketed investors attempt to catch an upward momentum swing at the right time.
Trump Media ( DJ:DJT ) reported that it lost more than $300 million last quarter, according to its first earnings report as a publicly traded company. For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called Digital World Acquisition Corp.
Trump Media & Technology ( DJ:DJT ) fired an auditor this month that federal regulators recently charged with "massive fraud." The media company dismissed BF Borgers as its independent public accounting firm on May 3, delaying the filing of its quarterly earnings report. Trump was charged with 34 counts of falsifying business records at his company in connection with an alleged scheme to hide potentially embarrassing stories about him during his 2016 Republican presidential election campaign.
The almost 10% stock price drop amounts to a $330 million decline in the value of Trump's shares. Trump's net worth was $7.5 billion Friday morning, making him the 356th-richest person on the planet. A majority of Trump's fortune stems from his $5.6 billion stake in Trump Media, holdings that were worth $5.9 billion as of Thursday.
Trump Media ( DJ:DJT ) went public in March via a reverse merger with a blank-check company after two years of regulatory and legal hiccups. In its two months on the public markets, Trump Media has performed shockingly well, with its after-hours share price still about 25% higher than its blank-check predecessor's stock traded at before the merger's completion.
The stock is down from its All-time high of $80 now trading at $48.90 down by 5.5%.
DJT to 2x-5x in 2024Following this INJ/USD fractal very nicely. Nice corrective structure on the 4H looks complete and ready to resume upside. recent Trump conviction likely to drive price higher too as more money jumps in to support him leading up to the election.
Trump Media Stock Drops 8.27% After Reporting $327.6M Q1 LossTrump Media & Technology Group ( NASDAQ:DJT ) stock fell 8.27% after reporting a $327.6 million Q1 loss, marking its first quarterly report as a public company. The company, which operates the social media network Truth Social, generated just $770,500 in revenue for the first quarter, with a net loss of $210.3 million in the first quarter of 2023. The company stated that it is more focused on developing new products as a young company like a streaming TV platform rather than quarterly revenue.
In addition to the Truth Social platform, TMTG plans to introduce new products like streaming platforms for Apple and Android devices, as well as a streaming app for TVs. The company has recently signed contracts with a data center and hardware provider as it progresses toward launching its streaming venture.
The company initially announced plans to go public in October 2021, planning to merge with special purpose acquisition company Digital World Acquisition Corp. After SEC investigations delayed those plans, the merger was completed in March 2024, paving the way for TMTG to debut on the Nasdaq under the stock ticker "DJT," Trump's initials.
TMTG's stock has been on a roller coaster of highs and lows in its first two months as a public company, with a peak on March 26 at $79.38 and a final session 16% higher at $57.99. The company reported a $58.2 million loss for fiscal 2023 and filed to issue millions of new shares, sending the stock down to $22.55 on April 16. However, shares rebounded after the company told regulators it believed "naked" short selling of its stock was impacting its price.
DJT - Range bound for nowDJT has had some wild swings lately. Impressively DJT pushed deep into overbought territory on the longer duration weekly timeframe. The company is sitting on under $400K of cash and carries a debt load of nearly $6.8M!
From a technical standpoint how can we take a view of where the price might go next? With all the noise the monthly timeframe is where I think we start to get a clear view for now. It looks like price could be settling into a range, momentum cooling for a while.
Folks thinking about shorting the company may want to wait until the price gets back towards the top of the range, and consult the momentum when that happens. Otherwise, I'd be patient and let this thing settle into something recognizable.
DJT - Meme Season is Here :DDJT has some crazy short float percentage. Currently around 193%.
Let me be clear, the fundamentals of this company are just simply bad.
This is not for the faint hearted and this idea is pure gamble and sentiment play.
Looks like we have entered meme season and election is coming up. Trump supporters might be ready to buy this hand over fist and everyone likes a good short squeeze!
GME and AMC are up like 50% in pre market and DJT is meandering around this short term rectangle.
I will be monitoring the 55 area and willing to put in a small size with stops below 50.
Trump Media Investor Guilty of Insider TradingA financial executive, Bruce Garelick, has been convicted of enabling his boss and others to make over $22 million illegally by trading off his tips ahead of the public announcement that an acquisition firm was taking former President Donald Trump's media company public. Garelick was convicted of tipping others in 2021 to news that the special purpose acquisition company, Digital World Acquisition Corp., was merging with Trump Media & Technology Group. Garelick sat on DWAC's board. His co-defendants pleaded guilty before trial, admitting to making over $22 million illegally.
The indictment against the men did not implicate Trump or Trump Media & Technology Group, ( NASDAQ:DJT ) which owns his Truth Social platform and began trading on the NASDAQ stock market on March 26. Garelick, former chief investment officer of New York-based venture capital firm Rocket One Capital LLC, was convicted of insider trading charges and is scheduled to be sentenced in July.
Garelick insisted that he did not possess any secrets about the potential merger when he bought securities in DWAC, which eventually enabled him to earn nearly $50,000 in profits.
