DJT to $42NASDAQ:DJT looks like it is tying to make its way out of the lower Golden Zone. Assuming 34.75 holds this will retest 41.50-42 Area. Let's see what happens.
DJT trade ideas
Trump Media & Technology Group (DJT): Big Moves Ahead?Good morning, trading family!
Trump Media & Technology Group (DJT) is at a critical juncture, and here’s what we’re watching:
If the price falls below $33.87: It could drop to $30-$28, with a chance of bouncing back to $59.57 afterward.
If the price breaks above $38.51: We could see momentum push it to $59 or higher.
If it fails to hold $28: Deeper declines may follow.
These levels are key, and how the price reacts will set the direction. Let’s stay sharp and trade smart!
Comment, like, follow, or send me a DM if you want more insights on this setup!
Kris/Mindbloome Exchange
Trade What You See
$DJT Analysis of the Chart: Trump Media & Technology Group CorpThis daily chart shows Trump Media & Technology Group Corp., currently trading at $34.71, slightly below the pivot level (P: $34.58) and experiencing a minor pullback. The white dashed lines represent dark pool levels, indicating significant institutional activity zones. The price is consolidating near critical levels, with a potential for either a bullish recovery or a bearish continuation, depending on upcoming price action.
Technical Analysis
Trend Analysis
Prior Trend:
The stock has exhibited a downtrend from August through mid-September, characterized by lower lows and lower highs.
A bullish reversal began in late September, leading to a strong rally into November, crossing major resistance levels and forming a clear uptrend.
Current Trend:
After hitting a peak at $53.99 (R3) in early November, the stock entered a correction phase.
The price has been consolidating near the $34.58 pivot level, testing the 8 EMA for support.
Key Levels
Resistance Levels:
R1 ($41.99): First key resistance and potential profit target for a bullish move.
R2 ($46.57): Secondary resistance where sellers might reappear.
R3 ($53.99): Major resistance, representing the upper boundary of the previous rally.
Support Levels:
S1 ($27.16): First critical support level below the current price, coinciding with prior consolidation.
S2 ($22.58): Secondary support level, marking the midpoint of the September rally.
S3 ($15.17): Significant long-term support, indicating the lower end of the bearish phase.
Dark Pool Levels:
The white dashed lines indicate dark pool trading activity, with notable levels at $34.58 (Pivot) and $30.28, both acting as significant support or resistance depending on price action.
Volume Analysis
Volume spiked during the rally in October and early November, signaling strong institutional participation.
Recent volume is declining, which is typical during consolidation, but a volume breakout would signal the next directional move.
Moving Averages (8 EMA and 21 EMA):
8 EMA (yellow line): The price is currently testing this short-term support level. Holding above this line would indicate potential bullish momentum.
21 EMA (blue line): Acts as medium-term support. A break below it would suggest bearish continuation.
Potential Scenarios
Bullish Case:
Key Factors:
The price holds above $34.58 (Pivot) and the 8 EMA, confirming strong buying interest.
A breakout above R1 ($41.99) would signal a resumption of the bullish trend.
Entry: Enter a long position above $35.00, confirming a bounce off the pivot or a breakout above the 8 EMA.
Profit Targets:
First Target: $41.99 (R1).
Second Target: $46.57 (R2).
Stretch Target: $53.99 (R3).
Stop Loss: Close below $32.75, as a break of this level invalidates the bullish setup.
Bearish Case:
Key Factors:
The price breaks below $34.58 (Pivot) and the 8 EMA, confirming selling pressure.
A breakdown below $32.75 would likely lead to further declines toward support levels.
Entry: Enter a short position below $32.75, confirming a breakdown.
Profit Targets:
First Target: $30.28 (Dark Pool Level).
Second Target: $27.16 (S1).
Stretch Target: $22.58 (S2).
Stop Loss: Close above $35.50, as it would invalidate the bearish setup.
Conclusion
The stock is currently at a critical juncture, consolidating near the $34.58 pivot level and the 8 EMA. A decisive move in either direction, accompanied by volume confirmation, will determine the next trend. Traders should watch for a breakout above $35.00 for a bullish setup or a breakdown below $32.75 for a bearish move. Clear profit targets and stop-loss levels are essential to managing risk in this trade.
DJT retracement to $40sCan DJT make a retracement bounce to complete C wave to the $45-$49 range? Confluence w : Fib retracement 0.66 - 0.786 + VAH of range + monhtly level ~48-49. Any thoughts?
Of note: Fib times 12/23/24 and 1/14/25 (near inauguration) look interesting.
$DJT Bull run into inauguration? Money over Politics?Trump Media ( NASDAQ:DJT ) retraced to the 61.8 fib level and is poised to run up into the inauguration. This could be a 100% gain? Also if there is any other news about acquiring a crypto related company or asset, that could be the catalyst to higher prices. This is purely a speculative play. The company does not currently have great fundamentals.
DJT Hits 3rd Target at $36.05 – Strong Momentum!DJT has successfully hit its 3rd target at $36.05, with strong bullish momentum continuing. The next target is set at $38.18, while the stop-loss (SL) is secured at $35.01.
Key Levels:
Support: $33.75
Stop-Loss (SL): $35.01
3rd Target Achieved: $36.05
Next Target: $38.18
Momentum remains intact, and price action suggests further upside potential. Keep an eye on volume and price behavior near resistance levels for confirmation.
#DJT #Stocks #TechnicalAnalysis #NASDAQ #Breakout #Bullish #Investing
Call It Cup N Handle Or Inverse H&S, Measured Move Could Be EpicCall it what you will. I see both, a cup and handle and an inverse head and shoulder, the measured move, if it plays out, will be epic. Volatility will soar through the roof in next 2 months.
DJT Hits $35.01 – Eyeing Next Target at $35.86!DJT has reached a key level at $35.01 and is showing strong bullish momentum as it moves toward the next target at $35.86.
Key Support: Holding above $33.75 is crucial for continuation.
Next Steps: A breakout above $35.01 could pave the way to $35.86. Watch for volume and confirmation!
Stay tuned for updates as we monitor the price action. 🚀📈
DJT Hits Target at $33.74 – What's Next for the Momentum?**DJT - Target Achieved at $33.74**
The price has successfully hit the target of **$33.74**, demonstrating strong bullish momentum.
📊 **Key Highlights:**
- Resistance at **$33.74** has been reached after breaking through **$31.91**.
- Strong buying pressure led to this breakout.
🔮 **What’s Next?**
1️⃣ **Bullish Continuation:** If momentum persists, we could see further upside. Monitor for a breakout above **$33.74** for the next potential target.
2️⃣ **Pullback:** Watch for a potential retracement toward support levels at **$31.91** or **$30.56** for consolidation before another move.
Stay tuned for updates as the next move unfolds! 🚀📈
Breakout Success: Yesterday's Analysis Delivers Big!Yesterday's analysis played out perfectly as the trade hit its first target. The breakout was strong, and the price action aligned exactly as anticipated. A great example of how patience and planning lead to success. Share your thoughts or let me know how your trades are going!
DJT: Breakout Setup to $33.75"DJT on the 30-minute chart shows a potential breakout setup. Entry is positioned above $30.46, targeting $33.75, with a stop-loss at $29.58. The trade aligns with a low-risk, high-reward strategy.
Bullish Long for DJTDJT's tremendous buying volume today pushed the stock price to $32.17 (+18.43%). A golden cross formed on the hourly chart on October 8th, and if DJT keeps its bullish momentum, a golden cross will likely form on the 4-hour chart in the next few days. The weekly chart shows that October holds the strongest buying volume for the year. This should help DJT play at a higher value.
Fundamental Analysis—The surge is likely due to interest and support for Trump's upcoming presidency. This is what happened in March 2024. DJT's value rose due to the loyal base of Trump supporters. Analysts labeled DJT as a meme stock, trading more on social media buzz than traditional financial metrics. Knowing these fundamental analytics, I believe DJT will find great value and performance depending on a Trump victory.
Looks like DJT is poised for something big to happenThere was rumor of an offer made for BKKT last week and that stock shot through the roof. The rumor is that DJT walked away from the deal. The stock has traded close to the $30 price point for several days since.
JDT in Giant Head 'n Shoulders (inverse). Picturesque Inverse H 'n S.
If we are all here next year and the globalists (still in power) don't commit murder suicide, and if the remaining leftist socialist/communist mindset wakes up to the matrix, and realize they are just pawns of global governance.
This could happen!
I was staring at it initially right as it was announced involvement with DJT as (DWAC), and the subsequent massive run-up.
Full disclosure: I do not own a position but, wish I had bought on the pullback to lows.
We don't know the future because of the remaining occultists that follow the late Bush H's globalist agenda. These people will do anything to maintain power including sacrificing all of us while they hide in bunkers. They do not care about humanity. They are anti-human. They are predictable and unpredictable at the same time. They are the symbolic nature of an inverted pentagram that hovers in Washington DC. These same people elevate George Washington when he wanted nothing to do with them. These people are the ones involved in JFK, Reagan and Trump indictments and attempts, and success with JFK's life. This is a conspiracy reality.
"Deception is a state of mind and mind of the State" -James Jesus Angleton
(December 9, 1917 – May 12, 1987) was a long-serving chief of the Central Intelligence Agency's (CIA) counter-intelligence (CI) staff (Associate Deputy Director of Operations for Counter-Intelligence/ADDOCI).
Let's see how the world plays out. This will definitely get dinged and removed by a mod so embrace the truth while it lasts.
DJT at a Crossroads: Bullish Momentum or Potential Pullback?The DJT stock is showing signs of a potential trend reversal after a prolonged downtrend. For an extended period, the stock moved in a clear downward trajectory, forming lower highs and lower lows. Recently, however, a significant breakout above the downward trendline has occurred, accompanied by a noticeable increase in trading volume, signaling renewed buying interest.
The price has established a strong support zone between 28.50 and 30.00, where it has shown stability and a sharp rebound. This zone highlights a key area of buyer activity, making it a crucial level to watch. On the upside, the levels of 66.42, 70, and 92.50 represent important resistance zones. The first at 66.42 may act as a near-term barrier, while 70 is a natural psychological resistance level and the next logical target. Finally, 92.50 serves as a long-term target if bullish momentum persists.
Recent price action also reflects strategic liquidity plays. Liquidity was swept from the lows below 30.00, likely allowing for significant accumulation by institutional buyers. The subsequent price recovery above this level reinforces the potential for a sustained upward movement. Breaking and holding above 66.42 will confirm strength in the upward trend, potentially paving the way toward 70, and eventually 92.50, a key historical level.
Additionally, moving averages are aligning toward a bullish crossover, further supporting the outlook for continued upward momentum. The recent increase in trading activity at current levels underscores growing market interest and confidence in the stock.
Looking ahead, if the price remains above the 28.50–30.00 support zone , the next targets are 66.42, followed by 70, and finally 92.50 as the primary resistance levels. However, caution is warranted in the event of a break below 28.50, as this could lead to further downside toward 13.01.
In conclusion, the stock is at a critical juncture. Monitoring price action and volume near key levels will be essential to confirm the next direction. Risk management remains paramount, especially when navigating strong support and resistance areas.
SOME NICE SETUPS I'M WATCHING THIS WEEK (November 17, 2024)Going over a basket of stocks that currently show some interesting trading opportunities opening up
DJT Potential Bullish TrendHaving mapped out the key support price of $28, and with DJT following up the trend-line highlighted in the pictorial description, a strong reversal is expected, with prices projected to re-bound towards the $38 - $43 range next week.
TRUMP MEDIA STOCK ON THE RISETrump media stock has continued to rally after Trump made announcement on his truth social account that he maintains roughly 60% of DJT and will not sell his shares In the company. At Monday's closing level of around $33 a share, Trump media boasts a market cap of about 47.2 billion, giving the president elect a stake worth over $4.3 billion. The shares have been going up since trump victory and believe will continue going up.
TECHNICALLY, there is a consolidation inside a falling wedge, breaking it will lead to bullish momentum. keep buying.
DJT (Trump Media Technology Group Corp) Nov. 12, 20241-Hour Chart Analysis:
The stock is currently trading at $31.92, sitting just above the $31.90 bid price level, suggesting potential consolidation in the near term.
There’s a downward channel forming, with the upper trendline acting as a strong resistance, and a descending support line providing a potential floor around $25.58.
🔍 Key Technical Levels:
Resistance Levels:
Primary Resistance: $35.26 (strong overhead supply zone; previous rejection area)
Secondary Resistance: $41.71 (pivot level where momentum shifted bearish previously)
Support Levels:
Primary Support: $31.00 (current price action zone; potential intraday bounce level)
Secondary Support: $25.58 (critical level; a breakdown here could lead to accelerated selling)
📈 Indicators Analysis:
MACD: The MACD line is attempting a bullish crossover but is currently flat, suggesting indecision. A strong crossover would signal a potential shift in momentum.
Volume: Volume appears to be tapering off compared to earlier in the month, indicating weakening conviction among buyers. A volume spike would be necessary for a significant breakout or breakdown.
Moving Averages: The price is sitting below both the 9-EMA and the 21-EMA, which are sloping downward, reinforcing bearish momentum.
💡 Trade Ideas:
Bullish Scenario:
Look for a breakout above the $35.26 resistance. If confirmed with volume, the next target could be around $41.71. A sustained move above this level would indicate a reversal and potential uptrend.
Bearish Scenario:
Watch for a rejection at the $35.00 level and a failure to hold the $31.00 support. A breakdown below $31 could lead to a sharp sell-off towards the $25.58 support.
💬 Trading Suggestion:
Given the downward channel, consider shorting near the upper trendline with a stop above $36. For a long position, look for confirmation of support at $31 with a tight stop-loss.
Monitor the MACD closely for confirmation of direction as the histogram shows decreasing selling pressure, which could indicate an upcoming reversal if the crossover occurs.
🔔 Short Disclaimer:
This analysis is provided for educational purposes only. Please conduct your own research and use this information as a supplement to your trading strategy.
Trump Media on the Move: Will We See $62 or a Bigger Reset?Alright, trading family, let’s talk about what’s brewing with Trump Media Group (DJT). Here’s what I’m seeing:
1️⃣ Scenario 1: If we close above $34.52 on the 4-hour chart, we could see a strong push up to $42, $51, $62, and maybe beyond.
2️⃣ Scenario 2: A pullback to $28.94–$28 could set the stage for a bounce back up to those same zones.
3️⃣ Scenario 3: If we break below $25.41, we might head down to the $17–$20 range before finding support and potentially pushing back up.
Stay patient, let the price action guide you, and remember—it’s all about riding the waves the market gives you. Always trade what you see, not what you think!
Mindbloome Trading/ Kris
My DJT positionHey Guys! you could see my position in this trade and write now i m already in profit.
Trump Media Stock Update: Short-Term Opportunity?It’s essential to understand that recent volatility in Trump Media’s stock price is driven more by speculation surrounding Donald Trump’s potential election win than by the company’s own financials, reports, or fundamentals. The stock, which once peaked at $175 even without Trump in office, reflects the anticipation tied to his election campaign. Should he win, it could potentially bring even higher valuations.
Currently, the stock has tumbled from around $54 to $30, a price that many now consider cheap. This sharp decline of nearly 44% might create a short-term buying opportunity for those who anticipate a rebound.
