Trump Media Stock (DJT) – Price Breakdown Reflects Fundamental Issues
Stock price breaks below key barrier
getty
Trump Media stock (DJT) has declined significantly in November to below $15. Why is that important? Because $15 is a major barrier. It was the low point in the April tariff selloff. Here is the graph of the stock’s action with explanations…
The history of DJT and key events
John Tobey (StockCharts.com)
Following that drop, it had a one-month rebound to around $25. Then it sold off again to around $15 in August. For three months it traded around that level, attempting to create a foundation for a new rise. Therefore, the current drop below $15 could be a significant sign of trouble ahead. Also, it means virtually none of Trump Media’s investors have a gain. In such an environment, it is hard for…
