Trump Media & Technology Group Corp DJT

Pivot Point

[BlackBear22]

With Djt trading right at the 50 and 200 day MAs that are just .16 apart this is a strong pivot point for traders.  Should be a big move coming but the direction still has to be confirmed.

[westcoastlogger]

Been a great little trader this stock in the last few months. Cant complain and I've always been a buy and hold sort of guy but if you throw 2-3 thousand shares of this around now and again you minimilize your exposure and President Trump makes you some gas money.

[Moemoney42]

Says the guy who said he'd load up at $13 if if ever happened... traded through to $12 and change.. never bought a single share and now expects readers to believe his "trading" prowess.. hahaha... too funny..!! One thing for sure, he tries hard to be relevant.. LMAO..!

[AndrewWiggin]

Trump is an entertaining guy to watch but as I've said before, trading in DJT is best left to the pros.

[BlackBear22]

From what I can read the traders have moved on to other stocks and the retail trade of DJT is declining.  That's not to say it won't go up in the short term especially if it's connected to crypto but sooner or later the company will be judged on it's performance.

[westcoastlogger]

You say, from what you can read traders have moved on to other stocks eh?? I say it looks like 46 Trump hating riff raff around here have moved on because regardless of all the gloom and doom prognostications and every nonsense excuse why Trump was going to jail, would lose the election, and DJT stock would crash to pennies hasn't come true because this is a proxy stock that has nothing to do

[BlackBear22]

As the election approached I agree that the stock was serving as a proxy, but now that Trump is in power I believe in time it will start trading on its merits. Volume is declining and the shares are trading below their Nov.6th highs. There has to be a reason for retail investors to be influenced to buy, beyond proxy.