>>20721343TA works because people think it does, but DJT specifically filled the previous gap at 25 dollars from back in april when it gapped up to 50 bucks from the low of 22.
I think 39 is about its high for the same reason as this is the resistance point, but it's possible as a meme stock it may ignore the resistance if hype is strong enough.
Likewise it appears to be in a head and shoulders pattern so my thoughts are basically
-it goes below 29/bottoms around 25
-it rapidly over a 7 day trading period reverses and zooms to 39 bucks hitting a resistance there
-the RNC ends, hype dies, it drops back down
And because of the head and shoulders it may fall as low as 17 bucks when the 6 month neck line breaks down. From here it would go straight with some false start pumps for about 3-4 months before the election, then 10x 17-170 if he wins.
On the 3 year chart (as far back as it goes) it's in something that resembles a huge cup and handle, which makes logical sense when you consider that market psychology is anticipating a massive move upwards to 170 dollars if he wins the presidential election.
