Get started
RedditRedditReddit

Reddit

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

RDDT trade ideas

2/12/25 - $rddt - i'm bipolar on this... long print2/12/25 :: VROCKSTAR :: NYSE:RDDT i'm bipolar on this... long print - i've been dead wrong about this one. honestly. - but there's no fighting the usage trends - valuation is still wildly expensive, but as one knows in this tape, until the music ends... a beat/ a good guide sends something like this... into nothing else matters territory - so we see meta beat... snap... good #s (but just a confused company)... hard not to see a beat and probably a decent outlook here - furthermore, i'm massively cash heavy and opened the can of TQQQ p's whoop azz for mid-march to make a call on risk/ growth scare - SO, when i see interesting places to take risk on with clear catalysts (typically earnings), i'll drop the puck and shoot on net. - not the highest conviction idea. between NASDAQ:LYFT (long) last night and NASDAQ:Z (short), i was able to eeek out a nice net gain, but it wasn't pretty - tonight i'm only taking this one shot, but i've looked to play the fake company NASDAQ:APP in a similar fashion. i just couldn't pinch my nose hard enough and ... well... rddt is at least a real company. re: NASDAQ:APP IYKYK (hai NYSE:CVNA fans!) let's see. here for the show. V book rn: 45% cash, 20% nxt (40% gross), 15% obtc, 10% uber (20% gross), 5% tsm (10% gross) and TQQQ p's ~2% (30% gross). assorted other junk ST like blde i wrote up today, trade etc.
NYSE:RDDTLong
by VROCKSTAR
4
Pricey but pulling back - long RDDT at 196.21 Reddit is a little bit dangerous here. It is a very expensive stock with a short trading record that has run up massively of late. But it has pulled back, and is still within the confines of its regression channel. Ordinarily I don't trade stocks without large piles of trading data to fall back on. So why this time? First of all, the reason I don't is primarily that newer stocks have a much higher failure rate (going to zero) than battle tested ones do. Given that the strategy I use is first and foremost about safety, going to zero is a HUGE no no so I avoid them by and large. I don't think that's an even remote risk in the case of RDDT, however. Secondly, in its brief history with my system it has performed very well from a per day held return standpoint (around 1.5% per day held, or about 55x the long term daily average return of SPY). While that number will tend to decrease over time with more trades, even a return half that size is a sizable daily return. Also, every trade signal has been profitable to this point, but again the small sample size renders that information basically irrelevant. In the end, I have to respect the trend here and trust that NYSE:RDDT will follow the same pattern that the other almost 2000 stocks I screen follow and that this trade will work out because it's what stocks do. We shall see, I guess. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:RDDTLong
by redwingcoach
Reddit price analysisTechnical: The price is in premium, and my POI is around $181-$170. However, from a technical standpoint, the price is bullish, and if it doesn't close below $156, it could continue higher. Looking for an H4 CISD ( from POI ) for a possible continuation to the upside. If there is no H4 CISD, I assume the price will go lower. Fundamental: Reddit's stock surge was primarily driven by strong Q4 2024 financial results: Key Financial Highlights (Q4 2024): Revenue: $427.7M (+71% YoY growth) Net Profit: $71M (compared to just $18.5M the previous year) Daily Active Users (DAU): 101.7M (+39% YoY) Why Did the Market React This Way? Strong Revenue Growth – The 71% annual increase shows Reddit’s ability to better monetize its platform. Profitability – The company reported a profit, a key metric for investors post-IPO. Ad Revenue & AI Partnerships – Growth was fueled not only by traditional ad revenue but also by data licensing deals for AI models, such as its partnership with Google. Market Optimism – AI and social media sectors are experiencing strong investor demand. Although daily active users slightly missed analyst expectations (101.7M vs. the expected 103M), the overall financial results exceeded expectations, leading to a significant stock price increase.
NYSE:RDDT
by YoloVanCoin
Sneaky Breakouts: Recent IPOs Reddit and KlaviyoThe charts above highlight Klaviyo and Reddit. The first thing I must say is I am not long either of these companies. I am simply using them as a barometer to spark some research. What I find interesting about both of these names is the way they have marched to all-times and being somewhat new companies to the market. Both have IPO'd within the 12-24 months. Reddit, however, is a bit more widely known and many of you have followed its breakout. So, in contrast, the chart at the top left of KVYO is very interesting because it is not widely followed or discussed. They are a company at the forefront of automated marketing messaging. Klaviyo enables businesses of all sizes to streamline their customer engagement, transforming a marketing team into a full-fledged messaging powerhouse, allowing brands to automate emails, SMS, and push notifications with data-driven precision. But the real reason I’m sharing this chart isn’t just about what Klaviyo does—it’s about what its stock is doing alongside another recent IPO like Reddit. Klaviyo went public on September 20, 2023, pricing its IPO at $30 per share and raising approximately $576 million, giving it a valuation around $9 billion at the time. The stock initially saw strong demand, opening at $36.75 on its first day of trading. Now, months later, it has quietly surged to new all-time highs, a move that flew under my radar. This has me thinking: what other recent IPOs are quietly breaking out? Historically, some of the best-performing stocks in the market have been newly public companies that start to trend higher after an initial post-IPO base. Names like Shopify, CrowdStrike, and Datadog all had explosive runs after establishing themselves post-IPO. Klaviyo’s move could be an early signal that a new wave of breakouts is forming, and I’m looking for the next in line. Beyond IPOs, I’m also watching broader shifts in the market, particularly how AI is reshaping industries. AI-driven automation is evolving beyond simple efficiency tools into full-fledged AI agents capable of transforming cost structures for companies. From marketing to customer service to software development, businesses that leverage AI in ways that improve margins could be tomorrow’s biggest winners. The question now is: which companies are positioned to capitalize on this shift? This is my focus—hunting for epic breakouts, whether it’s fresh IPOs like Klaviyo or companies leading the next wave of AI-driven disruption. If you know of any, add them to the comments below!
NYSE:RDDT
by scheplick
Reddit 2-17 (scalping + forecast)🔥 Market Overview (Reddit - RDDT) Trend: Recent uptrend showing signs of exhaustion, possible correction in progress. Key Levels: Resistance: $211-$215 (Supertrend resistance zone) Support: $194-$196 (EMA 200 and recent demand zone) Indicators: EMA 9: $201.96 (Price is below short-term EMA, signaling weakness) EMA 200: $179.48 (Still long-term bullish) Supertrend: Bearish reversal near $214.93 MACD: Bearish momentum increasing, with a crossover confirmation. RSI: 36.92 – Approaching oversold territory, suggesting possible short-term bounce. 🔥 Scalping Strategy 🩸 Range Scalping (Preferred Strategy) Buy near: $196-$198, targeting $205. Sell near: $205-$210, targeting $196. Stop-loss: Below $194 (EMA 200 break invalidates bullish case). 🩸 Breakout Scalping (If $211 Reclaims) Buy above: $211, targeting $220+. Stop-loss: Below $206 to limit risk. 🩸 Momentum Scalping (For Quick Trades) Short near: $210-$212, targeting $200. Buy near: $195-$196, targeting $205. 🔥 Mid-Term Trend Forecast (1-3 Weeks) Bearish correction in progress, but the $194-$196 zone could act as a strong buy zone. A break below $194 signals further downside to $180-$185. If the price reclaims $211, expect another bullish leg targeting $220-$225. 🔥 News & Market Context Recent strong rally may be exhausting, leading to short-term profit-taking. No major fundamental catalysts supporting further immediate upside. Market-wide sentiment could dictate whether support holds or breaks. 🔥 Decision: 🩸 Short-term: Scalp buy at $196, targeting $205. 🩸 Mid-term: Wait for price action confirmation at $194-$196. 🩸 Ideal Play: Short $210-$212, buy dip near $195-$196. 👑 Final Verdict: Reddit stock faces correction after a strong rally, but buy zones exist around $196. Watch for a reclaim of $211 for further upside. Otherwise, expect a dip toward $194 or lower. 🔥 LucanInvestor's Quote: "Not every pullback is a buying opportunity—timing is everything." 👑
NYSE:RDDT
by LucanInvestor
RDDT - Bearish thesis based on double top on 4hr frameRDDT on high watch for me this week as we are testing 20d SMA, a double top, and multiple long (green trendline) and mid-term (blue trendline) trendline supports between 164 & 162.5. Bearish in RDDT below 170 and have short term target of 155.5 & 151.5 if we get a high volume trend break. RDDT has also exhibited weakness within broader megaphone trend as we've failed to touch trendline resistance on recent highs signaling weaker presence of buyers and giving us the double top intra-trend setup.
NYSE:RDDTShort
by brycat23
2
SasanSeifi|Can We Expect $80 or More?Hey there, ✌ NYSE:RDDT In the daily time frame, it can be observed that we have experienced an upward trend from the $50 mark, with the price currently moving within an ascending channel. At present, the price is situated at the midline of this channel. The outlook remains predominantly bullish, and it is expected that after a brief consolidation, the price could rise to the previous peak of $78. Furthermore, if the price breaks above the previous all-time high (ATH), we may witness further gains towards the targets of $80, $85, and even $90. To better understand the continuation of this upward trend, it will be crucial to observe how the price reacts to these anticipated levels. The potential trend is also illustrated in the accompanying chart. Key support levels for this bullish scenario are found between $65 and $60. If these supports are lost and the price stabilizes below them, the bullish analysis will lose its credibility. 💢 This is just my personal analysis, not financial advice. If you found this helpful, feel free to like and comment – I'd love to hear your thoughts! Happy trading! ✌😊
NYSE:RDDTLong
by SasanSeifi
$RDDT The Bears are Marching InNYSE:RDDT like many other well met IPO's will eventually fall below its lowest price for a much needed liquidity hunt to shake out weak hands. The bears are attacking this stock and many others right now. Here we have a classic bearish double top forming. We make spike a new high just above 80 or stop just below current highs, but the bear are marching in and this stock will get rejected hard. First stop will be 40.53$ when this breaks you will want to start accumulating stock around the 17.32$ level. As with all great accumulations it will be an assumed 5 years hold once we get to target. Expect poor earnings reports and forecasts to be a major catalyst.
NYSE:RDDTShort
by Midgar-
1
Reddit ($RDDT) Stock Rallies as Jefferies Rates it a 'Buy'Reddit (NYSE: RDDT) is capturing attention on Wall Street as shares rose on Wednesday following a bullish report from analysts at Jefferies, who initiated coverage with a “buy” rating. The investment firm cited Reddit’s strategic strengths in artificial intelligence (AI) and its growing role in Google search results as key reasons for its positive outlook. Jefferies’ endorsement has added momentum to Reddit’s stock, which is benefiting from a combination of strong user growth and high-profile partnerships. AI Partnerships Boost Reddit’s Long-Term Outlook Reddit (NYSE: RDDT) has positioned itself as a crucial player in the growing AI space by securing major contracts with Google and OpenAI. The agreements allow these tech giants to use Reddit’s vast user-generated content to train their generative AI models. This collaboration further solidifies Reddit’s place in the AI ecosystem, making it an essential data provider in the rapidly evolving world of machine learning and artificial intelligence. These AI-related contracts are expected to provide Reddit (NYSE: RDDT) with new revenue streams, helping the company monetize its extensive trove of user discussions and interactions. As AI becomes increasingly integral to everything from search engines to personalized recommendations, Reddit’s data will only grow in importance. In addition to its AI advances, Reddit’s user base has seen notable growth. The platform reached its highest user growth in four years during the last quarter, signaling its continued relevance and influence as one of the world’s largest social media platforms. With more than 100,000 active communities and over 91 million daily active unique visitors, Reddit is increasingly becoming a critical source of authentic, real-time information. Expanded Partnership with Meltwater Highlights Data Value Another significant development driving Reddit’s stock is its expanded partnership with Meltwater, a global leader in media, social, and consumer intelligence. Through this collaboration, Meltwater customers will now have full access to Reddit’s extended "firehose" of public conversations, giving them unprecedented insights into user-generated discussions across the platform. This partnerships underscores the increasing value of Reddit (NYSE: NYSE:RDDT ) as a source of consumer sentiment, market trends, and brand intelligence. Meltwater has long provided Reddit content to its customers, but this new agreement deepens the partnership by granting even more comprehensive access to Reddit’s data. This allows brands and businesses to monitor real-time conversations, track industry trends, and engage more effectively with target audiences. For Reddit (NYSE: NYSE:RDDT ), this partnership is a testament to its growing importance as a key player in online discussions and social intelligence. The company’s ability to offer valuable insights from its contextually rich user base will continue to enhance its appeal to businesses seeking to make data-driven decisions. AI, Partnerships, and User Growth Reddit’s growing partnerships, especially in the AI space, and its increasing user base are key factors driving its bullish outlook. With the integration of its data into AI models developed by leading companies like Google and OpenAI, Reddit is carving out a unique niche in the tech landscape. This could help diversify its revenue streams, reducing its reliance on traditional advertising revenue. Furthermore, Reddit’s partnership with Meltwater strengthens its position as a valuable source of market intelligence. The platform’s ability to provide actionable insights from authentic user discussions will likely attract more partnerships with businesses that want to harness the power of real-time social data. Reddit’s user growth also continues to be a strong indicator of its long-term viability. With the highest user growth in four years, the platform has reaffirmed its status as one of the most relevant and engaged social media platforms today. This combination of strategic partnerships, AI-driven revenue streams, and strong user metrics positions Reddit as a compelling investment for the future. Technical Outlook: Breaking Out from a Falling Wedge From a technical perspective, Reddit’s stock (NYSE: NYSE:RDDT ) is showing positive signs. As of today, the stock is up 0.3% and is currently trading above a previous falling wedge pattern. A falling wedge is a bullish reversal pattern, signaling that the stock may be poised for a breakout after a period of consolidation. The Relative Strength Index (RSI) is positioned favorably, suggesting that Reddit’s stock could escape the confines of its previous pattern and continue upward. While a golden cross—where the short-term moving average crosses above the long-term moving average—was almost attained today, the move lacked sufficient volume to confirm the breakout. Nonetheless, the stock remains well-supported, and any increase in buying volume could trigger a sustained rally. Reddit’s stock is trading above key moving averages, reinforcing the possibility of further upward momentum. A confirmed golden cross would be a highly bullish indicator, likely attracting more buyers to the stock. Key Takeaways for Investors Reddit’s combination of strategic AI partnerships, growing user base, and technical indicators suggests that the stock is well-positioned for future gains. The company's ability to secure AI contracts with industry leaders like Google and OpenAI highlights its growing importance in the tech space, while its expanded partnership with Meltwater underscores the increasing value of its user-generated data. From a technical standpoint, Reddit (NYSE: NYSE:RDDT ) is showing signs of breaking out from a falling wedge pattern, with the RSI indicating positive momentum. Although the stock has yet to confirm a golden cross, a rise in trading volume could push it higher, making it an attractive option for investors looking for upside potential.
NYSE:RDDTLong
by DEXWireNews
Reddit increasing value; Indicators showing strength After a dowward movement since July 15th, we got a support and a change direction in early August, however during several days, the price oscillates making a rectangle. The price cross over the rectangle resistance before FED cut interest rates. The price went long and we can confirm with volume that transaction are rising. At the moment the price are in an important resistance, nevertheless this time, MACD is above 0, and ADX is crossing DMI- with DMI+ already in a long direction. It can be a cautious entry, by just waiting for a strong bullish candle, or be more agressive and take the opportunity from the indicator
NYSE:RDDTLong
by AFCapital21
$RDDT Bear Flag setupNYSE:RDDT is a recently released IPO for everyone favorite forum board Reddit. Upon its release we saw a sharp dip that then turned into a massive rally to test the recent high. This high as you can see was rejected and the upward trend line was broken!! We then have price action trailing off until it bottoms and the price action from there resembles that of a bear flag. What we are looking for is a break of this flag and the low of the flag pole to be retested and broken. Got my alerts set for a break of the trend lines drawn for the bear flag. Stay tuned!!
NYSE:RDDTShort
by Mustangsvt281