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Trump Media & Technology Group Corp.TT

Trump Media & Technology Group Corp.

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DJT trade ideas

We have a WINNERUnited Atlantic Ventures, a significant shareholder in Trump Media , has sold nearly 11 million shares in the company, according to a regulatory filing Thursday, weeks after a federal judge cleared the way for the transaction. The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — owning just 100 shares in Trump Media, which operates the Truth Social app. But the price range that DJT shares has traded at during that time – which saw unusually heavy trading volume — suggests that UAV would have received between $128 million and $170 million for its stock.
NShort
by jacques_michaud
1
DJT - Social truth, or financial truth?This is a difficult case to analyze, as it depends so much on one individual. The hard facts can easily be overthrown by single events, and so NASDAQ:DJT might be highly volatile. If one should try to look at the hard facts, such as financials and technical, it is a hard sell. Barchart.com rates it as a Strong Sell, Tradingview has it as a Sell with only 3 of 22 indicators saying buy. Zacks doesn’t even rate it. Looking at the chart, it is definitely a short. Price has been dropping since May, and the trend is clearly down. Price has gone up the last week or so, and some indicators (MACD, RSI) have turned up. Price has reached the top of the down channel, and a push down could be expected as I believe the rise lately is not sustainable. Because this is a stock that is solely dependent on one person, there could be irregular and unexpected moves in the stock. Said person might also win an election next month, and this might affect the stock. So be aware of non-stock related events. Judging on financials and price behavior, this stock is a sell. I will not set a target, as the price is at a low and the level it was at for a very long time up until January this year. It remains to be seen if this level holds, if price keeps following the channel we are looking at a price around $8. I believe this is not at all outrageous, given the financial state of the company, but it is uncharted territory so I will not set it as a target. Disclaimer: I am not a US citizen. I have no political inclinations, my analysis is purely based on charts and financial statements.
NShort
by WeRideAtDawn
4
TRUMP MEDIA (DJT) Skyrockets After NYC Rally! Next Big Move?TRUMP MEDIA (DJT) Analysis: Trump Media & Technology Group Corp (DJT) experienced a sharp rise in price, gaining over 10% in Tuesday’s pre-market trading following a high-profile rally by Donald Trump at Madison Square Garden. This rally, which attracted a wave of attention, likely fueled the surge in buying interest. The stock closed 21.59% higher the previous day, marking a significant increase. Trade Setup: Entry Point: $30.15 Stop Loss: $20.95 Target Levels: TP 1: $41.53 TP 2: $59.93 TP 3: $78.33 TP 4: $89.70 Technical Indicators: The Risological dotted trend line indicates bullish momentum, suggesting that buyers are stepping in forcefully. With TP 1 already reached, the stock has shown strong momentum, making the higher targets achievable if this rally sustains. Market Sentiment: Post-event enthusiasm and Trump’s push on key issues seem to resonate with certain investor groups, potentially sparking further interest. Given the volume spike to 110.35M, far above its 30-day average, momentum remains high. Outlook: With further upside potential, the stock could reach its higher target levels if the rally and media attention continue to bolster confidence. Keep a close watch on volume and price action to capture potential profit-taking points or to ride the bullish wave to higher targets.
NLong
by ProfitsNinja
DJT at its make or break point!boost and follow for more ❤️‍🔥 last time DJT broke this regression channel it spiked 50%+.. the first time it broke it went 100%+ obviously this time around it is running based off the incoming election results.. so if trump wins or is up by a lot in polls right before we find out the official numbers then this could easily go 100%+ higher and into the 100s after a victory.. high risk high reward play, good luck! ⚡
NLong
by Aura_Trades
4
Counting Chickens before they hatchTypical Republican stance, over confident on a 78 year delusional candidate that has no grip on reality to the point on Joe Rogan he indicates he may eliminate income taxes and replace the revenue with tariffs. It may work with economically illiterate but not in reality. Just like this MEME stock, no business prospects what so ever but to continue loosing money. This stock will tank just like his prospects of another 4 years, unless he tries to cry the same old song that it's rigged if he looses and plunges the country into a possible civil war.
NShort
by jacques_michaud
11
Technical Analysis of Donald Trump Media & Presidential ElectionNote that the DJT has risen significantly from the recent lows. It is currently sitting at the Red support-resistance line on the chart. We normally short stocks at this point, but with the Elections approaching fast, should we entertain thoughts of Donald Trump winning? If yes, we should be buying $DJT. ---- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot points. MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long (buying). For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling). For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ). A stock has to close below the Yellow line first, then rally towards the Red line and top out there. This is where I would short it. Shorting is more difficult and should be done with extreme caution by novice traders. #DonaldTrump #Elections #stocks #options #trading
N
by mastercharts
4
$DJT Volume Price DivergenceHuge Gap left behind that it will should fill quickly as we know Trump will be winning all the way up until 3am the day after the election. Volume and Price Divergence suggest a massive bull move could be on the horizon so long another alleged "water pipe burst" again in Georgia to stop counting. If they don't some how find a way to make Kamala the most popular president in history like Joey B allegedly was... Then we should see a moonshot. Hope you got your bags early Houston we have lift off. God speed. FIGHT FIGHT FIGHT.
NLong
by whenwillweopenoureyes
DJT stock potential break out trade bid up to $50 Handle?Election odds are turning to the "no-=contest" zone as democrats are losing credibility as new revelations become partialized by the omitting habits of the mainstream media corporations and the large mega cap sponsors pulling strings from be hind the curtain. The BS has become even more overwhelming that moderates and independents to the point of RFK and Rogan, Tulsi, and even surprisingly in a desperate leap of redemption propelled by 50 years in the "game" may have caught the ledge hanging by a finger completely through Kamala under the buss by making his own press conference clearly out of the schedule his handlers had for him it was impromptu where he emphasizes how Kamala was san integrals part of the whole presidential office tenure after she tried to separate herself from Biden, humiliating Kamala after she was already being questioned when she seemed to be disingenuous about her heritage when videos of her claiming to be Indian came out contradicting her public claims and further hurting her public image. Democrats cant seem to acknowledge what they have done wrong and apologize for it and therefore no one can seem to trust them to the point that people are willing to put aside their differences with Trumps personality for a logically better choice after images of trump lawfare identified with those who feel the system is against them a Tennent of democrat rhetoric shifting a large % on that alone not to mention loss of public trust after hurricane money spent on illegal activities. And after what Elon Musk Just Achieved, with space x rocket landing solved a major hurdle for ballistics in general for a very long time. couple this with tornado generator technology you have a bonified real actual space ship for real actually, just saying, get the picture. that is a major human technological advance in history is actually a reality something cartoons where made of...Elon's endorsement was already supreme, but with this amazing discovery makes him monumental with Trump! The spread between the two is reaching the second derivative if it has not already as long as everyone does not forget to vote...again!
NLong
by CurrencyCapital
1
$DJT Climbs 18.55%—Boosting Trump’s Net Worth By Over $500 MlnShares of Trump Media & Technology Group (NASDAQ: NASDAQ:DJT ) surged by 18.55% on Monday, significantly increasing Donald Trump's net worth by over $500 million. This marks a notable rebound for the stock, which has faced volatility in recent months. Trump Media, which owns the social media platform Truth Social, saw its stock price rise to nearly $30 per share. Trump, who holds a 57% stake in the company, benefited from the sharp rise, bringing his net worth to $5.5 billion. The surge in Trump Media stock comes as speculation around Trump’s potential election win intensifies. Betting markets have given Trump higher odds of winning, with Election Betting Odds trackers showing Trump leading Kamala Harris at 53.2% to 45.8%. The stock, often labeled a “meme stock,” has reacted strongly to these political developments. Political Influence & Investor Sentiment Trump Media’s stock price often mirrors the former president's chances in the upcoming U.S. election. As election betting markets sway in favor of Trump, so do investor sentiments surrounding $DJT. The rise in stock value can be largely attributed to Trump's increasing chances of a successful political comeback, leading investors to bet on the company’s future under a potential Trump presidency. Additionally, the company's recent launch of Truth+ streaming services has contributed to the renewed attention. Trump Media (NASDAQ: NASDAQ:DJT ) recently announced the rollout of Truth+ on the web, with future plans to expand into iOS, Android, and major smart TV platforms. This move is expected to broaden the company’s user base and provide an additional revenue stream. Technical Analysis: From a technical perspective, (NASDAQ: NASDAQ:DJT ) is displaying strong bullish signals. As of the time of writing, the stock has formed a bullish engulfing pattern, confirming a potential continuation of upward momentum. The stock is currently trading above key moving averages, with the RSI sitting at an overbought level of 76. While the stock is in an overbought zone, this is a common feature for NASDAQ:DJT during sharp rallies, especially given the influence of political and media news on its price movement. The stock's current resistance level is set at $40, a significant pivot that mirrors a previous support level from June 2024. Breaking through this resistance could lead to a new rally, especially if Trump's election prospects improve further. On the downside, support is positioned around $23, which is also near the stock’s one-month high. A move toward this zone would likely lead to consolidation before the next leg higher. Election Impact on Long-Term Prospects The outcome of the U.S. presidential election could have a dramatic effect on the future of NASDAQ:DJT stock. If Donald Trump emerges victorious, it is highly likely that the stock could test or exceed its all-time high (ATH) of $66, a level reached in February 2022. However, if Trump loses, the stock could face steep declines, with experts like Matthew Tuttle suggesting it could plummet to zero. For now, Trump Media’s performance remains heavily influenced by external factors, particularly political events. Investors are advised to keep a close watch on polling data and election betting odds, as these will be critical in forecasting the stock's trajectory over the next several months. What to Watch For The next major catalyst for NASDAQ:DJT will be its third-quarter earnings report, expected in mid-November. The previous report showed lower-than-expected revenue, leading to a stock price drop. Investors will be watching closely to see if the company's new streaming platform and growing political momentum can offset earlier losses. If Trump’s political influence continues to rise, the stock could easily outperform expectations.
NLong
by DEXWireNews
4
My thoughts about DJT situationHello friends. DJT is a very interesting stock going into the election. It's Trump's stock, and he owns more than half the shares which have recently been unlocked for sale, although he has promised not to sell. The election will have a large impact on how the stock price moves, and it's coming up soon on November 5th. The odds for the election are currently priced at 55% for Trump and 45% for Kamala, so it's nearly a coin toss as to who wins. In terms of how the stock will move based on the outcome, I would expect that in the case of Trump winning, it will gap up around 50-75%, and in the case of him losing it will gap down 40-60%. What's more interesting to me than betting on the election itself is taking a position afterwards. If Trump were to win the election, he would absolutely want to take that big liquidity opportunity to sell his massive stake in the stock, which would drive the price down by a lot. Because of this, shorting right after a Trump victory gets baked into the price could be a very good idea. On the other hand if he loses, the stock will almost certainly gap down by a lot. Trump will still be holding his bag, and he will lose a lot of money on paper but it's okay because he knows that he can just let the stock drop, play dead for a few months, and then pump it again later to gain his exit liquidity. He has no reason to sell right as all the retail traders are also selling, since this will just tank the stock rapidly and give him a bad price. So the idea in that situation would be to wait for the stock to lose it's retail interest, and then buy and hold it until Trump manipulates the stock upwards and exit into his pump.
N
by bowtrix
1
Why DJT Could Be Poised for a Breakout – Don’t Miss This Opp.!Here's Why DJT Could Be Ready to Climb: If you check out the DJT daily chart, you'll notice it recently hit a year-to-date low, which is a significant support level. This is where the selling pressure seems to have reached its limit, and we’re starting to see signs of a turnaround. Momentum is picking up fast, and the overall sentiment around this stock is incredibly strong. The positive buzz is coming from all angles, and while we may see some consolidation between $30 and $35 as traders lock in profits, the bigger picture looks promising. One major catalyst driving this is Elon Musk, who’s fully backing Donald Trump to win the election. Right now, polls show Trump with 56% support, and if he secures the win, we could witness DJT stock skyrocketing. A potential short squeeze might even push it to all-time highs as short-sellers scramble to cover their positions. This is one of those rare opportunities to build real wealth during an election period. So, while the momentum is still building, consider taking a position and riding the wave. This could be your chance to capture some serious gains. Don’t wait too long – be a part of this potential breakout!
NLong
by Kinho89
4
Trump Media & Technology Group Stock Surges as Musk Backs TrumpShares of Trump Media & Technology Group (NASDAQ: NASDAQ:DJT ) surged by over 15% on Monday, buoyed by renewed political momentum after former President Donald Trump’s rally in Butler, Pennsylvania, where he appeared alongside Tesla CEO Elon Musk. The event, held just a day prior, saw Musk publicly endorse Trump for president, a move that has energized Trump’s supporters and investors alike. Musk’s endorsement, along with the rally’s broader media coverage, has acted as a significant catalyst for NASDAQ:DJT stock, which has seen a strong uptick in trading volume and investor interest. Musk-Backed Momentum and Media Buzz The rally in Butler marked a high-profile return for Trump to the site of a previous assassination attempt in July, with Musk's appearance further amplifying the media attention. In his 90-minute speech, Trump spoke at length about his vision for the country, while Musk labeled himself “Dark MAGA” and expressed strong support for Trump’s re-election, stating, “President Trump must win to preserve the Constitution.” This public backing by one of the world's most influential tech entrepreneurs has provided a jolt to NASDAQ:DJT , which had previously been on a steady decline. Adding to this momentum is the recent U.S. Supreme Court dismissal of a lawsuit filed by Musk’s X Corp. The lawsuit alleged that Special Counsel Jack Smith violated the First Amendment in obtaining a search warrant for Trump's communications on Twitter. The dismissal was seen as a victory for both Trump Media and Musk, helping to restore some investor confidence. However, challenges remain. Trump Media recently revealed in regulatory filings that its Chief Operating Officer, Andrew Northwall, resigned in late September, marking yet another leadership shake-up within the company. Additionally, the firm is set to release nearly 800,000 shares of its stock to an early investor, per a Delaware judge’s ruling. Despite these internal challenges, the company’s chief product, Truth Social, continues to depend heavily on Trump’s popularity and his continued presence on the platform. Technical Outlook Technically, NASDAQ:DJT appears to be in the early stages of a potential bullish rebound. The stock is currently up 10.67% as of this writing, capitalizing on the rally’s momentum and Musk’s endorsement. However, NASDAQ:DJT has been in a falling trend pattern since its all-time high (ATH) back in March 2024, signaling a long-term downward trend. The Relative Strength Index (RSI) stands at 54.54, indicating that the stock is not yet overbought and has room to grow further. This gives traders optimism that the stock could continue its upward trajectory. A key concern, however, is that NASDAQ:DJT is still trading below critical moving averages (MAs), particularly the 50-day and 200-day MAs. These levels represent important resistance points that NASDAQ:DJT will need to break through to confirm a sustained bullish reversal. Price targets suggest that the next major pivot for the stock is set at $33, aligning with the 200-day MA. Should NASDAQ:DJT continue to capitalize on its recent gains, breaking through this level would be a strong indicator of further upward movement. However, until the stock moves above these key averages, caution is warranted as NASDAQ:DJT remains vulnerable to retracement. Outlook: Political Tailwinds Could Drive Future Gains The rally in Butler, Musk’s endorsement, and recent legal victories have given NASDAQ:DJT a fresh boost of momentum, but the stock still has significant hurdles to overcome. Investors are eyeing the upcoming 2024 election cycle as a potential catalyst for further gains, particularly if Trump’s popularity continues to rise. While the stock is still trading below its key moving averages, the formation of a bullish pattern and steady RSI suggest that there may be room for further upside. As NASDAQ:DJT recovers from its post-March lows, long-term investors and traders will be watching closely to see if the stock can break through the $33 resistance level, which could signal a full-blown reversal of its current trend. For now, NASDAQ:DJT is riding a wave of political and media momentum, and the road ahead is one of cautious optimism. Investors would do well to keep an eye on both Trump’s political fortunes and the company’s internal management developments as key factors that will influence the stock’s trajectory.
NLong
by DEXWireNews
Trump Media & Technology Group Sees Relief – What’s Driving it? Trump Media & Technology Group (Nasdaq: NASDAQ:DJT ), the parent company of the social media platform Truth Social and operator of the Truth+ TV streaming service, has seen a sharp recovery in its stock price after hitting its lowest point since its SPAC merger in March. With recent developments and a surge of 8.95% in its stock price, the company's expansion into multi-site content delivery networks (CDNs) is drawing significant attention from investors. Expansion Overview At the core of this recovery is the strategic expansion of Truth Social’s custom-built content delivery network. TMTG’s CEO, Devin Nunes, recently announced that the CDN, which powers Truth+ TV, is now operational at multiple geographic locations across the country. The expansion is a significant step for the company, as it enhances its ability to deliver streaming content more efficiently and reliably. This distributed content network will allow Truth Social to stream news, Christian content, and family-friendly programming at scale, all while operating on its proprietary software infrastructure. As Nunes highlighted, this is consistent with Truth Social’s vision to become a platform that promotes free speech and remains outside the control of Big Tech. The company plans to introduce stand-alone apps for Truth+ TV soon, further expanding its reach and user engagement. This streaming expansion has breathed new life into the stock, helping NASDAQ:DJT recover from its prolonged downtrend. In addition to the technical advancements, NASDAQ:DJT 's recent stock surge can also be attributed to large-scale investor movements. United Atlantic Ventures LLC, a major shareholder, offloaded nearly its entire stake in the company. Despite this move, the stock rallied 7% following the news, suggesting that investors are optimistic about the company’s future direction and are focusing on its long-term growth potential rather than short-term shareholder exits. Technical Outlook From a technical perspective, NASDAQ:DJT has been stuck in a persistent downtrend since its all-time high in March. The stock had been trading within a falling trend channel for months, facing resistance and failing to break out of its downward trajectory. However, the recent price action has provided a glimmer of hope for bulls. In Tuesday’s trading session, NASDAQ:DJT was up 0.83%, with the Relative Strength Index (RSI) sitting at 44.33. While this is still below the midpoint of 50, indicating neutral momentum, it suggests that the stock may be on the verge of breaking out of its bearish trend. The RSI is also no longer in oversold territory, signaling that selling pressure has eased. On Monday, NASDAQ:DJT surged 8.85% following the announcement of the multi-site content delivery network for Truth Social. This move has marked a potential reversal in the stock’s price trajectory, especially as the company’s efforts to expand its streaming capabilities seem to be resonating with investors. However, the stock still faces resistance levels, with traders watching for a sustained break above recent highs to confirm a full reversal. Challenges and Future Outlook Despite the recent recovery, Trump Media (Nasdaq: NASDAQ:DJT ) has faced significant hurdles in 2024. One of the notable challenges was the reduction of stakes by co-founder Andrew Litinsky, who now owns only 100 shares through his investment vehicle, United Atlantic Ventures. This move initially raised concerns among investors, contributing to the stock’s decline earlier in the year. Additionally, competition in the streaming space is fierce, and Truth Social’s goal of building an uncancellable, proprietary streaming platform puts it in direct opposition to some of the largest tech companies in the world. However, the company’s vision and its clear steps toward executing that vision have brought optimism back to the market. Truth Social’s infrastructure expansion and its focus on free speech and uncancellable content could attract a dedicated user base. Moreover, the launch of stand-alone apps for Truth+ TV could serve as a major catalyst for both user growth and stock price appreciation in the coming quarters. Conclusion Trump Media & Technology Group ( NASDAQ:DJT ) has managed to stage a promising recovery, driven by its strategic expansion of Truth Social’s content delivery network. While the company has faced challenges throughout 2024, the recent surge in stock price and improvements in its streaming infrastructure point toward a brighter future. Investors will be closely watching the stock’s ability to maintain momentum and break through key technical resistance levels. With Truth Social’s goal to become a fortress of free speech and the upcoming launch of standalone apps, NASDAQ:DJT has the potential to regain favor among both retail and institutional investors. However, caution is warranted as the stock is still vulnerable to volatility, particularly if the broader market turns or if the company faces further headwinds. For now, the improvements is painting an encouraging picture for $DJT.
NLong
by DEXWireNews
9