Consolidated, MA's curling up.. Weekly Stoch RSI & MAC D looking good & crossing.. Everything tightening up as a whole. This'll be interesting.. *Not trading advice
Broke out of the bull flag, came back down into it, started to form a fibonacci, retraced to the 50%, now we're looking to head back up & head to the 618 of the larger fibonacci around $35. *Not trading advice, just my personal analysis.
618 extension of fibonacci. I will sell just short of this likely to front run the price. I am certain it could very well blow past that, but I'm going to play it safe since I'm holding an options position.
I spot a 50% fibonacci retracement- a non/inverse fibonacci sequence, that falls right over the trend line present in the larger zoomed out view of the entire price history movement. The fibonacci extensions are marked. I'm eyeing the first extension, the 618 placing the price at $35.75. I can see a scenario here where real selling happens and the price tumbles...
Price is sitting right against the major trend line, inverse fibonacci on the 2nd to last extension, stoch rsi & mac d on weekly looking good too... thoughts? Not trading advice*
If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social. If you haven bought DWAC they announced the merger: or short it at $55: then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023. Not because i don`t believe in the project, but because it`s overvalued at this point. The market cap...
Truth Social SPAC DWAC looks about ready to recover. A very strong correction took place since early March this year that resulted in a total 78.40% loss of value. Now we are getting early signals that things are about to change. The current price action smells to liquidity hunt. A break below support just to quickly reverse. As usual, bottomed out; Very low...
Liking this play but it's not there just yet. Looking for what I wrote on the chart. LONG ONLY TV
Likely a continuation down after a little liquidity grab or rally to 33.61 then all the way down to 16-10 dollar range
Federal regulators deepen probe into Trump's social media deal - Reuters
I first bough DWAC at $12: Thinking that Truth Social will take some market capitalization from Twitter and Facebook: But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways??? Ok, let`s say it`s...
I have a bullish bias on this SPAC. I believe that once the merger is approved it will be a major catalyst for ticker symbol $DWAC. All that bread I will stack. I ain't gonna be living in no more lack. Getting money, run up the racks. Balling like I'm Shack. All these rhymes I just cracked. Once it squeezes, I pray I don't have a heart attack. Great dip buy...
After it took some of the market capitalizations of both Twitter and Facebook: now Trump media is facing a real opponent: Elon Musk. one of the most admired men in the planet. Musk transformed TSLA into a cult, the first meme stock, before meme stocks were cool. And it looks like the only one who can save Twitter too. In which he bought a 9.2% stake, worth...
I've given up on a few stocks in the past when they dropped out the bottom of a channel, only for them to completely retrace and break out to the upside. Blue line is a rough idea, could very well take longer Also, options are a lotto play. They're pretty trash with huge spreads and IV percentages, but 7/15 $100c aren't bad at the moment
$DWAC has been hot relative to the market. After seeing $AMC & $GME move this week, it's very possible $DWAC could catch momentum. Right now the key level is $73 and a decisive break above will potentially lead to a continuation to $85. If Markets open green it could be a rocket🚀 Target #1 ~ $85 Target #2 ~ $95
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. From Trading Sim: You can identify the descending triangle reversal pattern at the top end of a rally. This pattern emerges as volume...
UPDATE 3/5/2022: DAILY DRAGONFLY DOJI The hits keep on coming for Donald Trump's signature social media application "Truth Social". According to The Daily Beast , "In recent weeks, sources have heard the former president on the phone swearing gratuitously and asking things like, “What the fuck is going on” with Truth Social. He’s repeatedly groused about...
3.3.22 DWAC : what to look for>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>