
Trump has played an important role in the financial markets, driving a rally with lots of optimism for 2025. DJT has also experienced a bullish rally headed into the US elections, and has formed a correction back down to a $26.39 support level. I think DJT is very dependent on news, and could experience volatility based on whether the news surrounding Trump is good or bad. Right now one of the important news to track is Trump’s sentencing hearing, which was supposed to be yesterday. This hearing has been delayed with a December 5 deadline to appeal. I think the news will affect DJT’s price action. If there’s any bad news I would look for buy opportunities below $26.39 with $12.27 providing the best entry near all time lows. If the $26.39 support level holds DJT continues to hold I would look for longs with $54.77 and $79.51 as my resistance targets on the way up. I recommend a stop loss around $26 just to be safe from unexpected drops in price.
Follow me on social media: https://linktr.ee/realchartchamp