If I was oblivious to what NASDAQ:DJT was and someone asked me to look at it on stream I would say it was messy but a buy. Price has recaptured the Volume Profile Point of Control, tested it as Support twice, and is rising. I consider the stock an election year fun ticket more than an investment. One could play it as a proxy for poll numbers from now until November.
Watching DJT to the downside short term. DJT has just retraced to the Golden Zone and bounced of the 618
The US Securities and Exchange Commission (SEC) has charged former president Donald Trump's auditor, Benjamin Borgers, with a "massive fraud" and a "sham audit mill." The SEC alleges that Borgers did not properly prepare and maintain audit documentation, fabricated audit planning meetings, and passed off previous audits for the current audit period. The SEC claims...
Hey everyone, As mentioned earlier, DJ:DJT showed potential for a bullish move with a weekly crossover above the monthly, signaling strength in the coming weeks/month. On Friday, DJT achieved the weekly crossover over the monthly for the first time! When MTTSA indicators crossover to the upside, it indicates a significant price acceleration. For instance, in...
Hi everyone, Despite a significant drop of 21% today, our indicators suggest the downtrend might not persist. A rebound above the daily level could signal a bullish trend, potentially leading to a weekly cross above the monthly. This could aim the price towards the $63 mark, aligning with the 0.618 Fibonacci resistance level. Conversely, if the price dips below...
Former President Donald Trump to receive a staggering $1.2 billion bonus, courtesy of the performance of his social media venture, Trump Media & Technology Group (TMTG). Despite the tumultuous journey of $TMTG's stock value, Trump stands to benefit substantially from an "earn-out" windfall, underscoring the complexities of his post-presidential financial...
Shares of Donald Trump's media and technology company, Trump Media & Technology Group (DJT.O), rose over 9.61% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called "naked" short sellers. The company disclosed this in a Friday filing with the Securities and Exchange Commission. In the letter to Nasdaq...
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...
Former President Donald Trump's foray into social media, Truth Social ( NASDAQ:DJT ), faced a significant setback as its parent company, Trump Media & Technology Group Corp., ( NASDAQ:DJT ) registered shares for potential resale. This move sent shockwaves through the market, with the company's stock plunging by as much as 20%. The registration includes shares...
In a dramatic turn of events, shares of Donald Trump's media and technology ( NASDAQ:DJT )venture took a nosedive on Monday, plunging as much as 12% and exacerbating a relentless downtrend that has significantly diminished the value of his stake in the operator of Truth Social to a mere $2.9 billion. Since its much-hyped debut in late March, Trump Media &...
DJT, 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...
The journey of Trump Media & Technology Group ( NASDAQ:DJT ) took a turbulent turn as the social media venture witnessed a steep decline of 21.47% in its stock value following revelations of significant financial losses and ongoing legal disputes. Despite a high-profile public debut, NASDAQ:DJT finds itself grappling with mounting challenges that have cast a...
I 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
In a whirlwind of market activity, Donald Trump's media company, Trump Media & Technology Group ( NASDAQ:DJT ), made its much-anticipated debut on Wall Street, sparking fervent investor interest and a flurry of speculation about the former president's latest venture. Shares in Trump's media empire surged an astonishing 50% in early trading, as eager investors...
U.S Equity Index’s Overview – A Repeating Pattern The Bull Thesis – Ascending Triangles The 200 day (blue line on each chart) is squeezing price up towards each red resistance line making each chart look like an ascending triangle (evident on every chart). With the 200 day as underside support for price and the 200 day sloping upwards, things remain...
FOMC DAY All Major Market Indices initially making progress higher and reacting positively to the the FOMC meeting. Whilst these are monthly charts I'm sharing the prices are updated as of moments ago. Main comments from Powell Today: 🔸TODAY AT FED MEETING MANY PEOPLE MENTIONED THEIR RATE FORECASTS 🔸THERE WAS A GENERAL EXPECTATION THAT RATE CUTS WILL BE A...
This evening I was watching TV and I get an email alert. The title of email, “Wall Street’s 2024 SP500 forecasts are out, are you positioned?”, … and to my surprise (not really) the future looks bright for the US stock markets next year. I immediately thought to myself…What did I click on to get this garbage? LOL Truthfully, I didn’t think that…I eagerly went to...
General Major Market Indices These six market indices give a very good snapshot of where we are in this difficult to discern market and why uncertainty still lingers as we continue to climb a wall of worry. The Chart ▫️ Every index 1 - 6 below has been rejected or is struggling to make new highs on the weekly timeframe. ▫️ At the same time each chart...