DWAC Truth Social released in App Store on Presidents Day Truth Social was released in App Store on Presidents Day, like expected:
If you haven`t bought it when the merger was announced:
Or see this comparison:
Then you should know that $110 is my price target!
Trump
Trying to pin down the DWAC trend.I like to do these "gesture drawing" lines. You can probably find really similar lines with complicated maths, but these are not meant to be precise. The horizontal lines are just support and resistance levels. The lines slanted down are bearish trend lines, the lines slanted up obviously are the bullish trend lines. The purpose of doing this is simply another way to visualize price action. Like all charting.
Once in a while I find a line that wasn't immediately obvious but appears to have a type of gravity to it... in this chart, that is the yellow line. The way it contacts the top of the day 1 candle so perfectly, it reminds me of an old quote...
“Give me a place to stand, and a lever long enough, and I will move the world. ”
-Archimedes
$DXY looks ready for blood 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Sell limit: $95.225
Take profit: $94.750
Stop loss: $95.295
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Twitter is on its doomsday's countdown as we know this company is having many cases against it as it has started is self proclaimed censorship which seem to be its final days before its final fall
we can see some key levels to take our short profit
good by to twitter
short it and capitalize on its fall
please comment
DATS penny stock Social Network+ Privacy PlatformOnce a Trump related stock, now DATS is ready for a bounce back from all time low levels!
DatChat Social Network+ is a social-networking focused expansion of the DatChat messaging platform.
Features include content aggregation and discoverability, social engagement tools, a verified influencer platform and monetization tools, and an iMessage App with screenshot protection for pictures and messages.
52 Week Range 2.75 - 18.50
Now the price is 3.09usd.
My price targets are 8.6 and 12usd
$DWAC big move on the way?On a astrological level we are crossing a portal right now we will see if the move happens today or next week, obviously we would want the move sooner sympathy names on watch as well
$CFVI,PHUN etc
$DWACWe believe that DWAC a stock which is related to trump has a possibility of gapping up $5/$10.
On the technical side the 4h chart , the MacD crossing to the upside of 51.73 holds 54.97 is the next target than 57.30
The contract that was purchased was a $55 call for $53 the stop loss would be 38 since the bid and ask was wide the stop loss would be around $30. If the price of the contract goes to $30 we will close this trade.
$DXY testing key areas *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
$DXY desperately needs to close out its day candle green. If $DXY were to close red today, we believe that it will drop further until there is a support retest.
ENTRY: $96.235
STOP PROFIT LOSS: 96.280
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
CFVI $15-$16 EOYA bit early too really accurately tell but given the trend its taking and with the momentum a lot of "new tech" platforms are attracting. We're looking at a pretty slow week until around the end of December where we may get some upwards momentum if this trend continues. Best time to buy is this week while the bid is stagnant the next few days.
BENE if you believe in hydrogen-based fuel suppliersBenessere Capital Acquisition Corp, a SPAC, and eCombustible Energy LLC, a leading innovator and provider of customizable hydrogen-based fuel for thermal industrial applications announced that the companies have entered into a definitive business combination agreement, providing for a business combination that will result in eCombustible Energy becoming a public listed company.
If we look at the price history after the rumors and the fist announcement, today`s price looks like a steal!
Today You can buy the leading innovator and provider of customizable hydrogen-based fuel for thermal industrial applications at the initial SPAC price.
DWAC Trump Media & Technology Group $1 billion investment If you haven`t bought it before the $180 pump:
or after the retracement and short term price target:
Then you should know that DWAC had received a $1 billion investment from a group of institutional investors.
Coincidentally or not, Saba Capital Management announced on Dec. 9 that it had purchased a stake in DWAC.
Now that Jack Dorsey has left Twitter, i think it`s a place left for a rival to compete in this area, TruthSocial!
My price target is the 103usd resistance. looking forward to read your opinion about it.
DWAC Mooning off the SpikeFollowing a spike low this week and a rocket off the fake out NASDAQ:DWAC is up bigly today. The jump rally created a good 50% Retracement Level that matched the top of the range.
In all honesty... the chart pattern looks like a typical pump fail. However, most pumped stocks have their second life at some point with a relief rally. This could be it.
I still hold my Donald Trump fun tickets!
The Outcome Investors Weren't Looking For in Twitter (TL;DR)As of recent, there have been some major events occurring within the organisation ( NYSE:TWTR ). I'm sure many readers are aware of the fact that Jack Dorsey ( Former CEO) stepped down from his roll on the 29th of November. Forecasters from all over, including analysts from CitiGroup ( NYSE:C ) believed that when Mr. Dorsey stepped down, the price of Twitter would consequently increase (some predicted as far as a 15% increase). The reason for this was that, Dorsey was also managing another corporation by the name of Square ( NYSE:SQ ). As any investor, seasoned or amateur would know, you want your management to pay sufficient attention to the company you want to become a shareholder in. Unfortunately for Twitter and their shareholders, the recent events have been completely on the contrary to analysts' predictions.
So one factor that caused a price drop through this year of 12% was the Biden Administration's winning of the election and Trump being (in some eyes, 'unjustifiably') banned from Twitter. Due to there no longer being any politically related 'excitement' on the platform. Conveniently, Twitter (possibly in an attempt to rescue stock prices) had Dorsey step down but this just caused a separate price drop of around 9% making the situation look very dire. The absolute polar opposite to what analysts had predicted.
Despite the investment community's pessimistic outlook on the company and management as of right now (due to the lack of data to prove management is capable) some of the more intelligent investors have taken an entirely different approach to the situation. This considerable price drop could make the company a very, very attractive purchase. Many have purchased the stock as part of one of the 'thinner' margins of safety in their portfolio and would be willing to take the beating if the price falls further simply because they have it within a very diversified segment of their portfolio. Once again following the primitive, yet proven method of minimising losses and maximising profits through having more likely to be profitable stocks than riskier stocks.
As always opinions, news and facts are always welcome, comment away!
TL;DR: Jack Dorsey stepped down and a consequent price drop followed added with reduced user numbers after the Trump Administration. This could be a purchase now with a 'thinner' margin of safety in comparison to ordinary investments but could have great potential for profit as the price has become rather attractive. Just diversify!
PLEASE DON'T IGNORE THIS (Again) See my previous ideas... I told you it was over.
This pattern was clear as a day..
Target of a $10k...
This is why I work on Wall Street..
Top Tier Technical Analysis...
You keep nagging.. I keep stacking..
100% Presidents atm...
$CFVI Target PTs 40-100-150 and higher$CFVI as expected, Rumble and Trump’s social media venture $DWAC have been in talks about a potential business partnership...
1.6 Million active users in Q3 2020 to 36 Million active users in Q3 2020
2150% increase in one year!!!
This is not a $12 SPAC, also the deal is worth 15% of Rumble, that’s high for a SPAC deal...
DWAC short term upside potentialIf you haven`t bought DWAC before the first pump:
The you should know that Jack Dorsey left Twitter and there is a place left for a new twitter in town.
Yesterday's surge followed a Reuters report that Trump Media & Technology Group is looking to raise up to $1 billion in additional funding. The venture's valuation would rise to nearly $3 billion, according to the report, up from a previous $875 million valuation, including debt.
I see a gap filling short term at 57usd and a medium term price target of 103usd.
Looking forward to read your opinion about it.
YOLOThis stock had reached 9b market cap in February 2019 (300 per share), with the recent events, this stock has huge MEME stock potential. Not a financial advice.
What We Know About Trump’s SPAC DealLast Wednesday, Former US President Donald Trump announced the creation of his Media Company, Trump Media and Technology Group (TMTG) as well as its planned merger with Digital World Acquisition Corp (NASDAQ: DWAC).
Within four days, the NASDAQ-listed DWAC stock had grown by 740%. At the close of the Monday trading day (25/10/21), DWAC was trading at US $83.86. After-hours trading sees the stock up by 3.98% to US $87.20.
Arguable, DWAC price rise could be indicate it is the latest in a long line of ‘meme’ stocks, with retail traders ploughing into the stock for the sake of entertainment. Although, this might be a too-easy dismissal of Trump’s large popularity among Americans. He is, after all, the presidential candidate that garnered the second largest number of votes in US election history (after President Joe Biden, of course).
TMTG and DWAC would represent the only publicly-listed entity tied to Former President Trump (after the bankruptcy of Trump Hotel & Casino (NYSE: DJT)), and thus, demand from his supporters might be in line with DWAC’s price rise.
What we know about Trump Media and Technology Group (TMTG)
TMTG is planning several launches over the next year. The first and perhaps most grandiose undertaking is a social media platform called TRUTH Social, set to be released at the start of 2022. It is unknown whether the platform will be based on Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), or YouTube, all of which are sharing platforms that have banned the former Presidents profiles. As can be gleaned from Trumps Statements, Truth Social will likely imitate the likes of Twitter, with short, pithy Tweet-like posts referred to as TRUTHS.
What we know about Digital World Acquisition Corp (DWAC)
Founded in 2020 and based out of a shared WeWork (NYSE: WE) office in Miami, DWAC is a Special Purpose Acquisition Company (SPAC) listed with the goal to merge with a US technology, fintech, or financial services business. DWAC is controlled by the founder of Benessere Investment Group, Patrick F. Orlando, and Luiz Philippe de Orleans e Braganca, a businessman and member of the National Congress of Brazil.
Orlando, acting as DWAC’s CEO, is a former derivatives trader at Deutsche Bank (ETR: DBK) and serial SPAC lister. While Orlando has launched four SPACs, raising hundreds of millions of dollars in the process, he has failed to push any of them over the line and complete a merger. With the stock price rally of DWAC, Orlando’s chances of achieving a SPAC merger are looking more probable than ever.
DWAC scepticism
DWAC has already generated its fair share of criticism for scant financial details and planning. Kristi Marvin, chief executive of SPAC Insider, notes, “We don’t know how they got to the valuation. We have no information … That’s the fundamental problem.”. DWAC merger deal with TMTG values it at US $875 million.
FB at Critical levels hereFB is sitting at a very crucial level here. After dropping about 15% from ATH levels, it just had one of its biggest drops of the downtrend so far. Because of the news that Trump Media and Digital World Acquisition Group are merging, this will be another competitor to FB and Twitter, no matter what people think. This will take some market share away from the big social media giants, and this has reflected in the FB and Twitter share prices in the last couple days.
Personally, I believe FB will use its recent acquisitions, and massive market share to blow past this minor dent and will create its own monopoly again on the social media world.
We have seen cases like in China, where WeChat runs the entire country and all transactions, pretty much, are done through the WeChat platform.
With FB trying to monopolize, and creating its own cryptocurrency, or token, we can maybe see the beginning of a new era with FB.
Things to note:
Earnings: FB announces earning on the 25th, and we can expect this to make or break the stock.
$300 is a critical level, and if FB breaks down, we could see a retest of the lows where Trump was banned from FB, and Twitter.
Buying shares at this level, and will average down if a breakdown does occur, but I do not see FB dying lower than $300, and if it does, we will see a nice long bounce up to original levels.
Short term: could be bearish, and could see even lower lows until a reversal occurs
Long term: Bullish and I think this is a good price to get started in FB shares long term.
TrumpThe predictability of crowds. Well this is not something that slowly started. I probably mentionned the history of fake news at some point, and I hzve an article as draft about it, 1 example is a fake news thatsent UK stocks up 5% in minutes centuries ago. This right here is not fake news, but same principle: price is probably not correlated to reality, it's all speculation.
Trump Media & Technology Group is merging with DWAC if you didn't know. Was this predictable? Yeah maybe. Trump and anyone that isn't a centrist or "woke" american (Alt right, communists, socialists except the american ones, US republicans, europe far right, east europe conservatives, ...) has been trying to look for social media alternative. Everyone knows it is a multi trillion dollar market. And Trump kept saying he was trying to build something, that kind of lyrics. In theory it was possible to profit from this I think, but you'd have to be super specialized. How many of these acquisition companies exist? How often are they total scams with false promises? Did DWAC throw any hints? Depending on these answers it was possible or not.
I haven't done big stats on these rallies, but from what I have seen it's probably gambling. Some "investors" will use the word speculate, because they lack the intellectual ability to think, not their fault. It's simple:
Definition of speculate
As an intransitive verb
1 a: to meditate on or ponder a subject : REFLECT
b: to review something idly or casually and often inconclusively
2: to assume a business risk in hope of gain
The meaning is totally different. In the case of investing, the context forces the meaning to be (2). The "holy grail magical just buy and hold bro stocks only go up" stuck up nerds that are persuaded they are doing the right thing assume the meaning 1-b I guess.
And then as a transitive verb
1: to take to be true on the basis of insufficient evidence : THEORIZE
2: to be curious or doubtful about : WONDER
And nb 1 here is what is assumed.
This word smells, just avoid it. You're either gambling or investing. There is no in between. Investing and holding for 5 years is not "less risky" than 2 weeks, that's super stupid, you are taking a risk (if it's stocks or FX or commodities) either way, and 5 years the risk is bigger OBVIOUSLY! Much more chaos and random stuff can happen. Guys with a crush on Warren Buffett say "oh well you know within 2 weeks it's all noise", with stocks, yes, most of the time. Then that's GAMBLING. So there is no need for an intermediate word between gambling and investing. Either you know what to expect, you have a plan based on experience, stats, or something. Or you are just gambling.
Which brings me to... These surprise mergers, how many days do they usually go up?
Ye nevermind. It's a whole project to go find these mergers, especially small surprise ones, and see if there is a pattern (like 70% of them going up for more than 3 days, or very little pullback on the way up which leads to massive RR). Don't touch what you don't know. I've always been curious on how these worked, if there was any edge. But curiosity is not enough to go through grueling labor, searching for examples... It's simpler for stock investors that pay attention to such news.
Trump can't move the entire stock market 10% anymore, but he can move individual stocks 1000%. Or more, we will see.
As I wrote this article the price shot up and crashed. Ok that's pure gambling.
Trump change the rules of the game..!It seems no matter where he is going or what he does, Donal Trump is the one who defines the rules..!
Please do not ask about the price target of this SPAC!
It can go anywhere, at the time of writing this analysis its premarket price is 86 while yesterday's close was 45, and 2 days ago it was 10 USD/share.
The question is this :
What would be the potential future of this social media and network?
Donal Trump has at least 74.2 million votes in the past election which could be the minimalistic number of his followers!
He has lots of followers in other countries as well, and his social media could provide a voice to those who feel they got censored on other social media like Facebook and Twitter.
I believe if his team manages to deliver a good platform they will have more than 200 million users easily in the first few days or weeks.
I think Trump needs this platform to unify his base for the 2024 election!
We should keep in mind, someone like Robert Mercer is one of the biggest Trump supporters..!
Robert Leroy Mercer (born July 11, 1946) is an American hedge fund manager, former principal investor in the now-defunct Cambridge Analytica, and computer scientist. Mercer was an early artificial intelligence researcher and developer and is the former co-CEO of the hedge fund company Renaissance Technologies.
I am sure no matter what is happening, Trump will be the one who benefits from this the most..!
This story has just begun..!
Best,
Moshkelgosha
