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dudebruhwhoa
Apr 5, 2024 7:26 AM

DJT Dead Below $32 | Bullish Above $32 

Trump Media & Technology Group Corp.NASDAQ

Description

Unbiased scenarios for DJT media of Truth Social, based on simple conditions of holding or losing a neckline at 32 bucks.

Below $32 = Bearish:

A weekly close below $32 that isn't immediately recovered in the following week likely means it is headed further down towards 12.50. There is an unfilled gap around ~17.50-18.50, so at the very least it could revisit that area.


Above $32 = Bullish:

Should the weekly remain above $32 instead, expect to see it revisit $82 with an eventual weekly close near that level, and then continuation up towards $132


Best of luck!

Comment

Fell well below 32, 17 or lower is looking likely unless there is a fast and strong reclaim of 32
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