Trumps Wins Up: DJT Price Targets to $34 and $40
The market's confidence in Trump's victory continues to grow, $Trump Media & Technology(DJT)$ going to hits the 200-day moving average price of $34, and the short-term target price is expected to rise to $40.
My holdings bought last week now gainning 61% as of post.
$Trump Media & Technology(DJT)$ has rose about 80% in recent week.
The latest news shows that Trump is now leading on the political betting platform Polymarket in every swing state, except Nevada.
Bettors are increasingly confident that Trump will win the election, and his lead is approaching double digits.
According to media reports, $Tesla Motors(TSLA)$ CEO Elon MUSK is spending money to help Trump win votes in 7 swing states!
My friend who lives in the United States told me that 90 percent of overseas Chinese support Trump's victory: "He is the American presidential candidate with the most support from Chinese in history. The benefit of Trump's election is that the economy will be more convenient."
Recently, Trump's social media company Truth Social announced the launch of Truth+, which will serve as its in-platform streaming service.
If Trump wins the election, he may return to using TS as his main communication platform. This will have a significant impact on $Trump Media & Technology(DJT)$ 's user numbers and revenue.
Users on the X platform have raised their target price for $Trump Media & Technology(DJT)$ to $34 (200-day moving average) and $40 this week.
should I continue to hold until the date of election?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.