Long Bullish Idea — Reddit $RDDT (4H Chart)Alright, here’s the play.
Reddit’s been bleeding inside this falling channel for months. But here’s where it gets interesting.
→ IF price holds this buy zone around $100 - $95...
→ THEN I’m expecting a breakout towards $135 as first target. That’s about +34%.
Strong bounce here, plus a clean brea
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−62.88 MXN
−10.10 B MXN
27.11 B MXN
110.30 M
About Reddit
Sector
Industry
CEO
Steven Ladd Huffman
Website
Headquarters
San Francisco
FIGI
Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.
RDDT Long @ 93.44
It looks like there is a head and shoulders pattern lining up with a falling wedge pattern that could indicate a jump in RDDT share price. I'm entering a long position @ 93.44.
This is not investment advice and I'm just getting started with pattern analysis so please don't trust me :)
Reddit DeathcrossThe market is selling of and we are witnessing a brutal drop on Reddit, arguably the best recent IPO. I fully expect the downtrend to continue. I did warn traders and investors that we will have a large drop in tech, particularly in names like Monday, Tesla. Smart money was positioning in safer name
RDDT also needs to make a decision. Down in premarket today.*downtrend line < I said uptrend line near end of video for a downtrend line, so don't get confused...plus an accidental video appearance lol
RDDT! going sideways since the end of last month, and still below major moving averages. In some ways I still think this is going to chop. Doesn't mean you c
Ideal path for Reddit (regaining the SMA200)Ideally, RDDT should regain the SMA200 (which I have extrapolated on this chart in the future) with the earnings report on 30 April. Right now the SMA200 sits around ~ $115.
Additionally, the MACD turned green on the daily timeframe.
Regaining this pricelevel would instill confidence and supporti
RDDT – Growth, Margins, Cash Flow, and Low Cost.Let’s look at the financial metrics sequentially:
- Revenue grew 73% YoY, reaching $427M last quarter.
- Next quarter, the company forecasts revenue of just $370M, but this is due to annual seasonality, which was particularly noticeable two years ago when revenue dropped from $200M to $163M.
Not Out of the Woods Yet: RDDT’s Critical Test at 83.6RDDT looks like it's in the late stages of a bearish cycle, but hasn’t confirmed a reversal yet. Here’s what stands out:
✅ Bearish pattern targets completed: This suggests that the technical downside has largely played out, and we might be near exhaustion.
📉 -65% from February highs: That’s a deep
RDDT at a Turning Point: 104 Holds the KeyRDDT has declined over 50% from its peak and recently dipped briefly below the key level of 104.
If the stock stabilizes between 105 and 113, it could signal a potential shift from bearish to bullish momentum. As long as RDDT maintains support at 104, there remains the possibility of a new upward tr
RDDT Bearish Breakdown – Targeting Gap Fill $80 Loving this sell off on RDDT -
RDDT (Reddit, Inc.) has experienced a steep decline after a strong rally, and is currently trading around $110.44. The chart highlights a significant gap zone between approximately $85 and $105, suggesting a potential gap-fill.
SOLO Price Prediction: The analysis p
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Frequently Asked Questions
The current price of RDDT is 2,040.00 MXN — it has decreased by −1.57% in the past 24 hours. Watch REDDIT, INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BIVA exchange REDDIT, INC stocks are traded under the ticker RDDT.
RDDT stock has risen by 14.49% compared to the previous week, the month change is a −22.65% fall, over the last year REDDIT, INC has showed a 77.33% increase.
We've gathered analysts' opinions on REDDIT, INC future price: according to them, RDDT price has a max estimate of 4,869.97 MXN and a min estimate of 1,496.92 MXN. Watch RDDT chart and read a more detailed REDDIT, INC stock forecast: see what analysts think of REDDIT, INC and suggest that you do with its stocks.
RDDT stock is 1.59% volatile and has beta coefficient of 2.47. Track REDDIT, INC stock price on the chart and check out the list of the most volatile stocks — is REDDIT, INC there?
Today REDDIT, INC has the market capitalization of 344.38 B, it has increased by 6.76% over the last week.
Yes, you can track REDDIT, INC financials in yearly and quarterly reports right on TradingView.
REDDIT, INC is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
RDDT earnings for the last quarter are 7.51 MXN per share, whereas the estimation was 5.25 MXN resulting in a 42.96% surprise. The estimated earnings for the next quarter are 0.39 MXN per share. See more details about REDDIT, INC earnings.
REDDIT, INC revenue for the last quarter amounts to 8.92 B MXN, despite the estimated figure of 8.46 B MXN. In the next quarter, revenue is expected to reach 7.58 B MXN.
RDDT net income for the last quarter is 1.48 B MXN, while the quarter before that showed 588.21 M MXN of net income which accounts for 151.79% change. Track more REDDIT, INC financial stats to get the full picture.
No, RDDT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 17, 2025, the company has 2.23 K employees. See our rating of the largest employees — is REDDIT, INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDDIT, INC EBITDA is −11.36 B MXN, and current EBITDA margin is −41.91%. See more stats in REDDIT, INC financial statements.
Like other stocks, RDDT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDDIT, INC stock right from TradingView charts — choose your broker and connect to your account.