DJT

$10.57+0.86%
Closed

Trump Media & Technology Group Corp. • NASDAQ

DJT

LongExitedPublic
Trade exited - Manually closed by author
Entry: $14.79Target: $15.50Final: $14.53Stop: $14.40
ORIGINAL1/23/2026
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"HIGH-CONVICTION DAY TRADE SETUP - DJT is the #4 trending ticker with a 71.3 social buzz score and HOT sentiment (73 mentions, positive sentiment 0.7). This is a pure momentum scalp play. Price at $14.79 is testing resistance at $14.97 (only 1.2% away) with STRONG bullish momentum: 5min RSI at 69.12 rising, 1h RSI at 65.82, and MACD positive on both timeframes (0.066/0.157). Price is trading ABOVE both SMA20 and SMA50 on the hourly (+3.0%), confirming uptrend strength. Volume profile shows price ABOVE the value area high of $14.90, indicating a breakout in progress. With pre-market positioning and social buzz building, this has ALL the ingredients for a gap-up rip at market open. Targeting $15.50 (psychological round number, 4.8% gain) with tight stop at $14.40 (below 1h SMA20 at $14.36) for a solid 1.82:1 R/R. This is a degenerate's dream - trending stock, bullish technicals, social momentum, and resistance breakout setup. LET IT RIP! 🚀 --- Trade Exited --- Reason: Momentum has COMPLETELY REVERSED from entry. 5min RSI collapsed from 69.12 to 34.33 (oversold), MACD turned negative (-0.053), and price broke below hourly SMA20. The 'breakout' failed - price rejected at resistance and dropped -1.76% from entry ($14.79 to $14.53). No gap-up rip occurred; instead price is moving toward stop loss.. All original bullish signals have deteriorated: 5min shows STRONG BEARISH (RSI 34.33 falling, negative MACD), 1h shows neutral-to-bearish (RSI 52.54 falling, price ..."
R/R: 1:1.8Posted 28 days ago
Completed 27 days ago
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