Bullish on RDDT - Can it clear 130 and hold this time?Key levels to watch
Support: 108–110. This zone held on the most recent pullback and aligns with prior structure.
Short-term target: 125–126. If price breaks and holds above this level, it suggests momentum is building.
Overhead Resistance: 130. Clearing and holding above this level is what would turn this from a bounce into something with more swing potential.
Upside potential: 155–166, if price can build a base above 130
While the structure is building constructively, and a decline from here isn't my first pick, it is possible that we just continue to chop. But, for now I am bullish on RDDT for the next few weeks, and I will continue to update you here as it plays out.
RDDT trade ideas
Reddit - Long & StrongOn the 10th of March I posted about Reddit, as it lost the $120 level I advised the bulls to get ready to buy in at $80, which was the gap fill area met with the confluence of the 0.786 Fib level. We remained patient at went long at $82, with a stop loss under the 0.786 at $78. That move is now paying off, as we are up 50% from these levels. Congratulations to those paying attention, we are reaping the rewards of this trade. We had the initial strong bounce to $130, I also said at this point we will likely have another chance to accumulate under $100 - check the minds section - indeed that happened and here we are again 18% from $100.
So what's next? I am seeing continued sign of strength on the charts. This was aided by the recent development that Reddit is suing Anthropic for using their data, despite repeated warnings from Reddit. This stock has a strong technical and fundamental reason to remain bullish.
I'm taking this one step at a time. There's no doubt it is a volatile stock, I think we have put in the lows for now and we continue the path towards $150. But this market can flip at any time, all it takes is post on X to send the entire market into chaos. So be mindful of the risks.
But we remain long and strong here. We didn't fomo into the stock, and we don't plan to panic sell out of it. That is my philosophy.
Not financial advice.
RDDT Swing Options Outlook —June 1, 2025📈 RDDT Swing Options Outlook — May 31, 2025
🚨 AI Consensus: Bullish Momentum with Legal Risk Overhang
🧠 Model Breakdown
🔹 Grok (xAI)
Bias: Bullish
Technicals: Above all key EMAs; RSI overbought; MACD strong.
Sentiment: Positive earnings, legal uncertainty.
Trade: Buy $113C @ $5.90 → PT +20%, SL −30%
Confidence: 75%
🔹 Claude (Anthropic)
Bias: Bearish
Technicals: Overbought short-term; resistance at $113.90.
Sentiment: Fraud probe risk; Max Pain = $105.
Trade: Buy $110P @ $4.90 → PT $7.50/$10.00, SL $3.50
Confidence: 75%
🔹 Llama (Meta)
Bias: Bullish
Technicals: Bullish across 15m & daily; weekly catching up.
Sentiment: Strong earnings reaction; risk underpriced.
Trade: Buy $115C @ $5.05 → PT $7.50, SL $3.50
Confidence: 85%
🔹 Gemini (Google)
Bias: Bullish
Technicals: Strong daily trend, near resistance.
Trade: Buy $120C @ $3.35 → PT $5.00/$5.85, SL $2.00
Confidence: 70%
🔹 DeepSeek
Bias: Bullish
Technicals: MACD bullish, overbought signs visible.
Sentiment: Call OI > Put OI; Max Pain drag noted.
Trade: Buy $113C @ $5.45 → PT $6.81/$8.18, SL $3.80
Confidence: 75%
✅ Consensus Summary
✅ 4 of 5 models lean bullish, citing strong earnings and upside momentum
📈 Price is above all major EMAs; MACD and volume support upside
🧲 Max Pain @ $105 may create drag into expiry
⚠️ Short-term RSI is hot → watch for early week pullback
🎯 Recommended Trade
💡 Strategy: Swing Long Naked Call (2-week expiry)
🔘 Ticker: RDDT
🔀 Direction: CALL (LONG)
🎯 Strike: $115.00 (slightly OTM, liquid with OI 657)
💵 Entry: $5.05
🎯 Profit Target: $7.50 (+48%)
🛑 Stop Loss: $3.50 (−30%)
📏 Size: 1 Contract
📅 Expiry: 2025-06-13
⏰ Entry Timing: Market Open
📈 Confidence: 75%
⚠️ Risks and Considerations
📉 RSI is overbought—expect possible fade early week
🧲 Max Pain at $105 could slow gains by expiration
📰 Any legal investigation update could inject volatility
⌛ 2-week expiry gives room, but theta ramps after day 5
📊 TRADE DETAILS (JSON)
json
Copy
Edit
{
"instrument": "RDDT",
"direction": "call",
"strike": 115.0,
"expiry": "2025-06-13",
"confidence": 0.75,
"profit_target": 7.50,
"stop_loss": 3.50,
"size": 1,
"entry_price": 5.05,
"entry_timing": "open",
"signal_publish_time": "2025-06-01 09:30:00 UTC-04:00"
}
RDDT Weekly Trade Plan – 2025-06-06🚀 RDDT Weekly Trade Plan – 2025-06-06
Bias: Moderately Bullish
Timeframe: 1-day (0DTE)
Catalyst: Momentum continuation, supportive VIX, strong short-term technicals
Trade Type: Naked call option
🧠 Model Summary Table
Model Direction Strike Entry Price Target Gain Stop-Loss Confidence
Grok Moderately Bullish $118 CALL ~$0.68 +25% –30% 75%
Claude Moderately Bearish $115 PUT ~$0.74 +50–100% –50% 72%
Llama Moderately Bullish $119 CALL ~$0.66 +10–15% support break 70%
Gemini Moderately Bullish $120 CALL ~$0.58 +50–100% –50% 65%
DeepSeek Moderately Bullish $118 CALL ~$0.68 +50% –50% 65%
✅ Consensus: Momentum-driven upside with support from trend, RSI, MACD
⚠️ Disagreement: Claude bearish due to max pain gravity and fading M5 momentum
📉 Technical & Sentiment Summary
Trend: Price above EMAs, RSI positive, MACD confirms momentum
Resistance: $117.30–$117.73 zone to clear before $119 strike in play
Sentiment: VIX falling, news cycle supportive
Max Pain: $113 – downside gravity risk if momentum stalls
Liquidity: Decent OI on $118–$120 strikes; spreads could widen at open
✅ Final Trade Setup
Parameter Value
Instrument RDDT
Direction CALL (LONG)
Strike $119
Expiry 2025-06-06 (0DTE)
Entry Price $0.66
Profit Target $0.99 (≈+50%)
Stop Loss $0.33 (≈–50%)
Size 1 contract
Entry Timing At market open
Confidence 70%
💡 Rationale: Balanced strike with reasonable premium and realistic target before EOD, while staying inside momentum breakout range.
⚠️ Key Risks & Considerations
Theta decay: Time erosion steep on 0DTEs—move must be fast and early
Max pain: $113 could anchor the stock if resistance isn’t cleared
Resistance: Cluster around $117.30–$117.73 needs break for $119 test
Open volatility: Bid-ask spreads could widen—consider limit entry
📊 TRADE DETAILS SNAPSHOT
🎯 Instrument: RDDT
🔀 Direction: CALL (LONG)
🎯 Strike: 119.00
💵 Entry: $0.66
🎯 Target: $0.99
🛑 Stop: $0.33
📅 Expiry: 2025-06-06
📏 Size: 1
📈 Confidence: 70%
⏰ Entry: Open
🕒 Signal Time: 2025-06-06 11:29:24 EDT
$RDDT – Big Move Incoming? 38% Upside🚀 NYSE:RDDT – Big Move Incoming?
🔥 Daily: Inverse H&S nearing breakout—above $131.50, target $182.30 (+38%) 🚀
📈 Weekly: Bearish WCB breakout → Uptrend in motion. If Inverse H&S confirms, bullish combo sets up a big move!
This train is moving—watch for the breakout! 🚊💰
RDDT on sale again today: buying feels hardest when it’s downWatching NYSE:RDDT today, it’s clear the market is still undecided. Is this dip another chance to add, or just a pause before the next run?
It’s a classic market paradox: When prices fall, fear grips the crowd, and conviction weakens. Yet, when stocks soar, like NYSE:RDDT did with a +12% jump yesterday, confidence floods back, and everyone wants in.
This behavior isn’t unique to $RDDT. It’s a psychological trap that can keep investors chasing gains instead of buying value.
Technically, NYSE:RDDT has strong support between 107 and 114.
The real edge? Learning to act opposite to that instinct, buying when others hesitate, selling when everyone’s euphoric. Easier said than done, but that’s how alpha is made.
The market often rewards those who can sit with discomfort and make moves when the crowd won’t.
Reddit making a come back after correction NYSE:RDDT is looking at a potential comeback after the stock managed to stay intact within the uptrend line of more than a year (started since April 2024). Inverted head and shoulder was spotted at the support and is looking at a potential breakout to the upside!
Both 23-period ROC and mid-term stochastic oscillators are showing signs of oversold, which increase the chance of breaking above.
Huge Potential for the REDDIT (RDDT)Reddit stock offers significant upside potential, with analyst price targets suggesting 72–161% gains, driven by robust revenue growth, user expansion, advertising improvements, and AI data licensing opportunities. Its unique position as a community-driven platform and strong institutional backing (e.g., $5.2 billion in Q4 2024) further bolster its case. However, risks include dependency on Google’s algorithm, a historically unprofitable track record, high valuation concerns, and potential market volatility. Investors should weigh these factors and conduct thorough research, as Reddit’s growth story is compelling but not without challenges.
HIMS: adjusting levels and scenarios for coming week!**this video is for HIMS** though it's being incorrectly categorized under RDDT, but the chart and the walk through is on HIMS!**
For new positions, you may now want to wait on the reaction to earnings. There are a few stocks that opened down during earnings (ie AAPL) and a few that gapped up and sold off (ie RDDT).
Whichever path HIMS takes, there will still be opportunities to trade this, and imo, to the upside. Use the smaller chart time frames to determine an entry point that matches your entry criteria.
$RDDT Earnings Beat 30% / Earnings Growth 101.6%I have taken a position in NYSE:RDDT at $120.50 and I will put my stop on a definitive close under the 21 EMA (blue). At the current price that would be about an 8% stop. (Sometimes I take positions off before they hit my stop loss if it is not acting well.)
I am looking for this to retake its prior leadership but it may not. From ATH to lowest low was a 65% drop. It has gained about 26% of that back.
If you like this idea, please make it your own trade that fits with your trading rules.
Reddit Beat Expectations
Thursday, May 1, 2025 at 4:06 PM ET
Reddit (RDDT) reported earnings of $0.13 per share on revenue of $392.36 million for the first quarter ended March 2025. The consensus earnings estimate was $0.02 per share on revenue of $373.33 million. The Earnings Whisper number was $0.10 per share. The company beat expectations by 30.00% while revenue grew 61.49% on a year-over-year basis.
The company said it expects second quarter revenue of $410.0 million to $430.0 million. The current consensus revenue estimate is $399.36 million for the quarter ending June 30, 2025.
Reddit is a community of communities built on shared interests, passion, and trust and is home to the most open and authentic conversations on the internet.
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 :)
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 can't trade on the smaller chart timeframes but we need to see a direction chosen not just on this stock but also the broader market.
A few things to ask/note:
Where are we in the range?
Is the market (SPX/QQQ) also showing weakness, or is it holding up?
Is this gap on volume or just noise? If volume is light, it could be a fake-out.
Is there a reason for the gap down? if it does so this morning
Reminders for my swing traders
No entries before 11am (or your specific time to let noise die down)
Let the first hour play out to see if it’s a trap gap or real momentum.
Watch for retest of premarket low to give more directional clarity.
Anyone else trade RDDT?
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 supporting the bulls. If not, the price could even retest the support at the ~ $80 level.
Fingers crossed.
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 break of this descending channel = confirmation for me.
Volume is kicking in — I wanna see continuation.
→ IF price breaks $135 with momentum...
→ THEN next stop is $165 — the 2nd target. That’s another +20%.
This isn’t a scalp. It’s a swing idea. 2-5 months range.
Earnings 1st May could be a catalyst — but I want to be in early, not chasing after.
→ IF price loses $70 support with volume...
→ THEN idea invalidated. No ego, I’m out.
Simple plan. Clear levels. No hope, just execution.