Hello friends.
DJT is Trump's stock. It has sold off recently due to falling interest from retail traders and the recent tariff shitshow. But Trump is still the president and is a very good attention whore like Elon Musk, which brings value to shareholders in his otherwise worthless company.
We are expecting that a low will come in at around $14.50, and then an echo bubble narrative will emerge as Republicans decide it's a good investment and become the next wave of exit liquidity. For this stock, a stop loss is important as it cannot be considered a long term investment. So I have stops around the lows.
DJT is Trump's stock. It has sold off recently due to falling interest from retail traders and the recent tariff shitshow. But Trump is still the president and is a very good attention whore like Elon Musk, which brings value to shareholders in his otherwise worthless company.
We are expecting that a low will come in at around $14.50, and then an echo bubble narrative will emerge as Republicans decide it's a good investment and become the next wave of exit liquidity. For this stock, a stop loss is important as it cannot be considered a long term investment. So I have stops around the lows.
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Imagine how much DJT stock will gap up if Trump decides to reverse the tariffs? That would be almost as big as him getting shot.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.