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Trump Media & Technology Group Corporation
Company Overview: Trump Media & Technology Group Corp. (NASDAQ: DJT) is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to non-woke entertainment, news, documentaries, podcasts and more.
As per our previous US Daily report published on ‘DJT’ on 28th June 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 36.73 based on “price action, recent key business and financial updates, and momentum in the stock over the last month” and the stock price has now moved by ~25.45% since then and has attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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