SierrasTrades

🚹$DJT: It's Not Over Part 2! Update!

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SierrasTrades Uppdaterad   
BATS:DJT   Trump Media & Technology Group Corp.
Hey everyone,

As mentioned earlier, DJT showed potential for a bullish move with a weekly crossover above the monthly, signaling strength in the coming weeks/month. On Friday, DJT achieved the weekly crossover over the monthly for the first time! When MTTSA indicators crossover to the upside, it indicates a significant price acceleration. For instance, in January, when the hourly crossed over the monthly, the price surged by approximately 100%. Subsequently, when the daily followed suit, the stock experienced another robust uptrend.

Our initial price target stands at $57. We anticipate some resistance at this level, although the stock has already breached the 0.236 and tested the 0.382 levels. A decisive breakthrough from here would likely lead to tests of the 0.5 and eventually the 0.618 levels.

It's worth noting that there's a gap to be filled around $61.

Metric Pro indicator is suggesting that liquidity is very good and price will continue to the upside.

In conclusion, we're keeping an eye on the daily for support, with significant support levels at the weekly and monthly. It turns out, the markets don't really care about your thoughts and feelings because the algorithm is pointing a bullish run very soon. Stay tuned!
Kommentera:
Up up and away!
Kommentera:
$50.75 HIGH OF THE DAY! WOO!!!
Kommentera:
$53.33 a NEW HIGH OF THE DAY! Where are my haters at from the last post? comment below âŹ‡ïž

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