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Tuesday, October 29, 2024

DJT - Breakout Coming!

Trump has been making a strong push here with the US Election coming up soon on November 5th. DJT looks poised to break out higher, possibly well over $100 in short term. Dailies

14 comments:

  1. It'll be the woman. The next President of the United States is likely to be Kamala Harris. The recent gender equality movement has opened the door to have a woman as President.

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  2. So although I feel that Trump is not likely to be the next President, it is notable that DJT stock seemed to accelerate upwards when Trump served fries recently at McDonalds.

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  3. In the chart we have a nice example of inverse head and shoulders!

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  4. DJT kocked back off that trendline posted. Gap has filled now! Let's see if it can run to the next level, the neckline, around $70.

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  5. Here's the Trump McDonald's video in it's entirely. In this video Trump states that Kamala never worked at McDonald's. He claims her resume is false.

    https://youtu.be/gCFE24BtqGo?si=kkZ9H-q1czh8Czt9

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  6. With some time we will know definitively the answer to this question of the resume. What I would say though is not to get too caught up in the politics.

    We can look at DJT stock objectively and its tight share structure and strength in technicals. Politics aside that is what is important for trading.

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  7. Elon Musk ordered to attend $1 million voter lottery suit hearing in Philadelphia."

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  8. Thanks SC, Agree think Kamala will pull out the victory..

    Latest news regarding SMCI and possible delisting by mid-November:
    https://www.nbcdfw.com/news/business/money-report/super-micros-50-billion-stock-collapse-underscores-risk-of-ai-hype/3685135/#:~:text=Since%20being%20added%20to%20the,had%20resigned%20as%20its%20auditor.

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  9. VIX popping, UVXY getting close to the 50 weekly target area of $32.

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  10. In the top chart DJT hit that trendline but it's proving to still have some resistance power for now.

    The shares could still come down while some of the Election hangover weighs on it for probably some weeks. It'll breakout and run but price is coming down once again before it's ready for that.

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  11. That garbage truck stunt was a bad idea. Now the DJT likely coming down to the 50 average around $22.

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