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...
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...
DWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff writer has an article: Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great. The shell company Digital World Acquisition Corp. saw its share price plunge nearly...
The tumultuous journey of NASDAQ:DWAC stock, the special purpose acquisition company (SPAC) aiming to take former President Donald Trump's tech and social media platform public, continues to captivate investors amidst a whirlwind of events. From surging highs to staggering lows, the stock's trajectory reflects the intricate interplay between market expectations,...
Phunware Inc. (NASDAQ: NASDAQ:PHUN ) has witnessed a dramatic surge in its stock price, fueled by a flurry of developments in the political and corporate landscape. As investors react to key events surrounding Donald Trump and the SEC-approved SPAC merger involving Trump's media company, PHUN shares have soared by over 50% in recent days. Rallying on Political...
Pretty wild ride. Pure political name. And election year. Technicals screaming like amazing trade but any catalyst news can take this for a wild ride. Just watching this for now, What do you think of this chart ?
This is Trump’s SPAC that IPO’d back Oct 2021. Based on the the 1st two days of trading, the Fibonacci levels don’t lie. So here’s my thesis.. Since Trumps landslide victory in Iowa primary, this stock has been on a tear, up 240%.. and i have some info that the past week is only the start. Tonight is the New Hampshire primary and i have a hunch that not only beat...
In the wake of former President Donald Trump's resounding victory in the Iowa caucus, Digital World Acquisition Corp. (NASDAQ: NASDAQ:DWAC ) has emerged as a major player in the evolving landscape of media and technology. The SPAC's significant rally, soaring over 50% since Trump's triumph in Iowa, and an additional 10% in premarket trading on Monday, January...
This one is a total crapshoot. ticker is historically pumped and dumped, my guess is that another catalyst is delivered this week to churn up mania buying again. Then itll be out of gas for a while be cautious if attempting to invest long term in Trump proxy-grifter corporations like this.
We have a nice little gap below that I would expect to fill as we are struggling to continue upward. I have no long term forecast here, just a scalp. NFA, DYOR
11.18.22 DWAC I did not intend to give a sermon tonight. About that, I'm thinking it's a hormone imbalance, and will probably improve if I take some chocolate covered raisins. I think this Market is a great opportunity to learn that markets are not exactly as random as you think they are. In fact, you may Learn that there are market behaviors design to help you...
11. 10. 22 DWAC This is a follow-up play market That degenerative a spike higher...And now we are trying the frame market to take a profitable trade.
11. 9. 22 DWAC Assuming that this is a spike, how would I handle this market? I didn't really plan to talk about this market, put some markets can be very confusing, and they might make an Abrupt move in one direction or the other, and then you're wondering what you should do. There is this sudden, significant move in one direction>>> do you go long, or do you go...
One of the challenges many traders face is buying into the idea that something has moved too far for them to get on board. Often viewed as 'overbought' or 'oversold.' I don't buy that idea. Oscillators are nothing more than a derivative of price and offer no insight. Rather, when a market moves out of an area of congestion and takes out key levels, it provides...
DWAC is set to rip next week. Noticed interesting volume that tells me someone has been buying heavy, twitter drama, red wave talks incoming, elections, and price held over the IPO price. Pretty stellar set up. Not going to chase but if I see a pullback I thinks its going to pay big time.
F' trump. Dude is the worst business man ever seen. Anyone who does biz with the guy gets rekt. DWAC is also headed for worse. There's a gap at the lows. Let's run it by following the curve
Upper fibonacci extension lining with MA on the weekly. All MA's curling up tightly on the day, hour, and 4hr. $35 "soft target", $43 "aggressive- for short term, that is. *Not trading advice.