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$Trump Media & Technology (DJT.US)$ Last night's volume was ...

Last night's volume was only 5M, hitting a historical new low. This is an unusual signal that everyone should pay attention to.
Low volume indicates that this stock is not receiving market attention. Once a hot event occurs, it is prone to sharp rises and falls.
Considering 50% of the shares are locked in Trump's REIT company, as long as Trump does not sell at the current price (the selling price may be very low, as a market maker, he would choose a higher position if selling; currently, $30 is relatively low in historical data), the lack of liquidity means there are no stocks available for short sellers to sell off, increasing the possibility of a sharp rise rather than a sharp drop. Similar to the situation when Masayoshi Son held ARM, which surged after the earnings reports in February.
Currently, DJT is at its lowest price. If the price rises while the volume increases later, it will be a Bullish Signal.
The Presidential Inauguration ceremony on January 20th is anticipated to rise to around $60-120.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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