DWAC Acquisition Faces Rollercoaster Ride Amid Trump Merger The tumultuous journey of NASDAQ:DWAC stock, the special purpose acquisition company (SPAC) aiming to take former President Donald Trump's tech and social media platform public, continues to captivate investors amidst a whirlwind of events. From surging highs to staggering lows, the stock's trajectory reflects the intricate interplay between market expectations, legal challenges, and the enigmatic allure of the Trump brand.
In recent weeks, NASDAQ:DWAC shares have faced downward pressure as traders grapple with the implications of Trump's financial struggles. Amidst mounting concerns, the stock plunged to a monthly low of $32.25 before staging a partial recovery to $36.42. However, buoyed by optimism surrounding the pending merger with Trump Media & Technology Group (TMTG), DWAC saw a resurgence in pre-market trading, reaching a high of $38.
The merger between NASDAQ:DWAC and Trump Media has been fraught with controversy, marked by lawsuits, regulatory scrutiny, and speculation surrounding the viability of Truth Social, the conservative social media platform owned by Trump Media. Allegations of stock grabs, legal battles, and Trump's efforts to secure substantial bond funds to appeal a civil business fraud judgment have added to the uncertainty surrounding the merger.
Despite the challenges, NASDAQ:DWAC shareholders are poised to vote on the merger with Trump Media on Friday, signaling a pivotal moment in the company's trajectory. If approved, the merger could see Trump's stake in TMTG valued at a staggering $4 billion, a testament to the enduring allure of the Trump brand in the eyes of investors.
However, DWAC's fortunes remain intrinsically linked to Trump's political ambitions and legal battles. The former president's status as the top Republican candidate for president has fueled optimism among investors, with hopes of a Trump victory in the election potentially driving further gains for the stock.
Yet, concerns linger over the impact of federal charges and ongoing legal battles on the Trump brand and, by extension, NASDAQ:DWAC stock. Despite a recent decline in March and a substantial drop from its peak in October 2021, DWAC shares remain up 128% in 2024, underscoring the enduring interest in the company's potential.
As NASDAQ:DWAC navigates the choppy waters of Trump's financial woes and legal challenges, investors remain on edge, eagerly awaiting the outcome of Friday's merger vote and the subsequent implications for the company's future. With volatility likely to persist in the short term, DWAC's journey serves as a testament to the unpredictable nature of the market and the enduring fascination with the Trump phenomenon.
Elonmusk
Tesla - Confirmed BreakdownHello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price which I do expect Tesla to retest. Then you can absolutely consider long setups again on Tesla stock.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Elon Musk Poised To Open Dogecoin (DOGE) Payments For Tesla CarsElon Musk To Introduce Dogecoin Payments For Tesla
Elon Musk recently visited the German Tesla factory near Berlin due to a suspected arson attack and mentioned Dogecoin ( CRYPTOCAP:DOGE ) during his speech on the stage. He underscored the significance of launching DOGE as a payment method for Tesla and noted that it will be possible at some point. Moreover, he expressed optimism on the meme coin’s future and ecstatically remarked, “Dogecoin to the moon.”
If the announcement becomes true, it would mark a massive milestone for the DOGE crypto, which is currently vulnerable due to its rival Shiba Inu ( CRYPTOCAP:SHIB ). Meanwhile, Musk concluded that CRYPTOCAP:DOGE can be used as a means of payment to acquire Tesla merchandise currently. Furthermore, Musk spotlighted his unwavering support for the doge-themed crypto and highlighted why he endorsed Dogecoin in the past.
Musk revealed that while working in the Tesla and Space X plants, so many people asked him to support Dogecoin. Eventually, Musk agreed that CRYPTOCAP:DOGE is the “people’s crypto” and decided to back the King of meme coins. Moreover, he also highlighted that loads of “rich people” were supporting Bitcoin (BTC) but he chose DOGE owing to the request made by the general people. In addition, Musk spread optimism declaring, “DOGE is for you.”
DOGE Competition Intensifies
Shiba Inu has seen a surge in demand, overtaking Dogecoin in terms of the weekly trade volume. Despite Dogecoin’s status as the market leader in the meme coin space, Shiba Inu outshined DOGE’s trading volume last week. SHIB recorded an impressive $31 billion in trading volume last week.
Technical Outlook
Dogecoin is trading above its 200-day Moving Average with a Relative Strength Index (RSI) of 70 indicating moderate growth from the memecoin. The asset could find new resistance at the $0.236 mark.
TESLA just set the new target down to $100 - Problems for EVsTechnically we see an M Formation on Tesla.
The price broke below the neckline and the price is both below the 20MA and the 200MA.
The nature of this analysis is HIGH probability.
We, can set the first target to $100 and then next to $80. And if it breaks further we are talking $60....
But let's see.
There is fire in the EV space. With crashes, glitches, malfunctions, issues with snow, unable to track correctly objects on the streets and identifying.
There are also issues with having parts reordered when they breakdown.
And Elon is focussing more of his attention on X and SPace X. So this is not convincing and promising to shareholders to keep holding.
LTC, the Sleeping Giant now break out!! its ready to takeoff!!Technical Analysis: #LTC (Monthly Update)
#Litecoin now breakout the 238 days accumulation zone, This is just the beginning of new uptrend.
#Litecoin is ready to take off and looks too bullish, it will ready to test its previous high and make new ATH at year-end or earlier.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#LTCCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
Tesla Faces Headwinds: Analysts Downgraded TSLA StockTesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer, finds itself at a crossroads as analysts' sentiments diverge on the company's prospects. Recent downgrades and contrasting opinions reflect uncertainty surrounding Tesla's ( NASDAQ:TSLA ) delivery expectations, pricing strategy, and the viability of its next-generation vehicles. Let's delve into the nuanced landscape of Tesla's stock analysis and the divergent views shaping its trajectory.
Downgrades and Concerns:
Wells Fargo's downgrade of Tesla ( NASDAQ:TSLA ) to underweight, with a reduced price target, highlights concerns over disappointing first-quarter deliveries and ongoing price cuts. The firm's skepticism extends to Tesla's next-generation offering, particularly the economics of the anticipated Model 2. Everscore's projection of delayed ramp-up for Tesla's cheaper vehicle further compounds apprehensions, indicating potential challenges ahead.
Optimism Amidst Uncertainty:
Despite the prevailing skepticism, Wedbush Securities' analyst Dan Ives maintains an outperform rating for Tesla, albeit with reduced Q1 delivery expectations. Ives remains bullish on Tesla's long-term prospects, emphasizing a positive outlook for deliveries throughout the year. His optimism stems from observations during a recent trip to Asia, suggesting a slowdown in price cuts and potential stabilization in demand, benefiting Tesla and the broader EV industry.
Contrasting Views on Earnings and Performance:
Analyst consensus for Tesla's 2024 earnings paints a mixed picture, with projections below 2023 levels, indicating another year of negative growth. Morgan Stanley's Adam Jonas echoes concerns, lowering earnings projections and envisioning potential losses for Tesla in 2024. Despite trimming his price target, Jonas maintains an overweight rating, underscoring the complexity of Tesla's performance outlook amidst evolving market dynamics.
Market Response and Outlook:
Tesla's ( NASDAQ:TSLA ) stock performance reflects investor uncertainty, with recent declines and contrasting analyst opinions shaping market sentiment. As Tesla ( NASDAQ:TSLA ) navigates through delivery challenges, pricing adjustments, and the development of next-generation vehicles, stakeholders remain vigilant for signs of sustained growth and profitability. With Tesla's position in the EV landscape evolving, market watchers await clarity on its strategic direction and execution in the coming quarters.
BTC 📍 macro analysis ⏰ BULL 🚀🐂 RUN Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of BITCOIN 🪙
How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR
📅 ....... BINANCE:BTCUSDT 👑 BITSTAMP:BTCUSD ........ 🌴
28TH - OCTOBER - 2024
/
10TH - FEBRUARY - 2025
🔝 $121236.10 🪙 🎯 ⚠️
>>> leading pressure stretch 💹
8-18TH - SEPTEMBER -2025
🤝 $175576.43 ❣🦩 ( 15-12-25 )
__________________________________________________________________________________________
🪩 disclaimer :
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
----------------------------------------------------------------------------------------------------------------------------------------------------------
Let's discuss about buy zone 📌 🙄
Support 📌 $21480 - $23368 - $26800 - $29800 - $33690
Accumulation range was $20000k to $36000 below 📍
Distribution zone 📌 $80k to $175k ( IMO :-: $100k to $140k )
Resistance 📌 $80000 - $104600 - $120000 - $135000 - $146000 - $168000
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Note 📌 understood every update and take decision ⚡
90% chance there is no new low 🔅
90% chance max bull run will complete below $120K
90% chance BITSTAMP:BTCUSD will complete $80-100k wick $120k
Everything thing 📌 will be explained as thread 🧵 how and why
✨ Start 🧵👉
Why I technically feel, Tesla is ready to build 30X againKeep It Simple and Trade With the Trend.
As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and momentum.
So how can we determine the direction of the trend?
Let's take a look on the KISS rule, which says, "Keep it (as much as possible) simple, stupid!" Here is a method of determining the trend, and a simple method of anticipating the end of the trend.
Before we've started, it should be mentioned the importance of time frames in determining the trend. Usually, when we are analyzing long-term investments, the long-term time frame (one-week or larger) dominates the shorter time frames. However, for intraday purposes, the shorter time frame could be of greater value. Trades can be divided into three classes of trading styles or segments: the intra-day, the swing, and the position trade.
Large commercial traders, such as those companies setting up production in a foreign country, might be interested in the fate of the currency over a long period of such as months or years. But for speculators, a weekly chart can be accepted as the "long-term".
Averages Moving in Pairs
With a weekly chart as the initial reference, we can then go about determining the long-term trend for a speculative trader. To do this, we will resort to two very useful tools that will help us determine the stage of the trend. These two tools are the simple moving average and the exponential moving average.
Going further and keeping in mind all the mentioned above rules, lets build the trend.
Darlings, well graphed Tesla stocks trend is still the same as in 2019, where it started 30x gain.
Anybody tried to get all the path at those times? There's a chance you'll miss it again!
XRP, the Sleeping Giant Looks good!! could it ready to Breakout?Technical Analysis: #XRP (Monthly Update)
#Ripple coin is now trying to break out of the 1065-day accumulation zone, if it could, this is just the beginning of a new uptrend.
#Rpple Coin is almost ready to takeoff and looks too bullish, if march closes upper the trend line so will be ready to test its previous high and make a new ATH at year-end or earlier.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#XRPCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
Makes and Breaks Level for BTC in Monthly Timeframe!!Technical analysis:
#BITCOIN (Monthly update)
* BTCUSD is trying to break the Raising wedge Pattern resistance in Monthly timeframe.
Bitcoin Bulls need to Reclaim the 66k Horizontal Resistance for further Upside movement ..
*BTC is now the most important zone right now, its makes or breaks level for bitcoin. if BTC doesn't break out may reach the 40k level again.
* RSI above 70 means bulls are in the upper hand, it will take the momentum from here and still have room to go upside..
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
TSLA - I’m a believer, Are you ?TSLA has been hammered while rest of the MAG7 doing wonders.
IMO, soon or later Elon matters gonna settle.
and Tesla gonna showcase their AI potential to the world.
Technicals says 300 on the cards.
I’ve a starter position in commons and gonna add more as it moves up or pullbacks.
Gonna supplement with TSLL, TSLY and day-trade with weekly calls.
Long - Low 180-190s would be optimal.
Stop Loss - 174
Target #1 - 220
Target #2 - 280
Target #3 - 300
Qrdo analysis Qredo usdt analysis
Time frame weekly
Patern , 2 bottom
Risk rewards ratio >4
First target 0.84
DOGE Dogecoin Price TargetIf you haven`t sold DOGE after the bull run:
nor reentered on the Double Bottom:
Then you need to know that it potentially has a significant upcoming catalyst!
The recent launch of XPayments has generated excitement around $DOGE.
There is speculation about whether Elon Musk will fulfill his promise to accept #Dogecoin payments on X.
The unveiling of a new payments account by X opens up the possibility of Dogecoin becoming a payment option.
The GitHub account of X (Twitter) Developers apparently includes code mentioning DOGE.
If an integration with X payments materializes, things could become very intriguing and fast-paced for Dogecoin and other dog-themed meme coins. 🚀
I am optimistic about Dogecoin's potential to achieve a new all-time high!
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My short term Price Target for DOGE Dogecoin is the next resistance, $0.11, or even the next one, $0.145.
SHIB Shiba Inu Price TargetIf you haven`t sold the Bearish Pennant:
Nor bought the dip on SHIB:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for SHIB Shiba Inu is the next resistance, $0.00001050.
TSLA Recovery to $4001D Chart
From a technical viewpoint, Tesla ( NASDAQ:TSLA ) is setting up for a short-term recovery to the $200-210 range before another steep correction. Should significant support be met around the $100 range, a sharp recovery back to previous highs near $415 will be in sight. The following patterns are visible on the 1D chart:
Impulse and Correction Waves
Because the 1, 3, & 5 Impulse Waves were in the down direction, then according to Elliott Wave Theory, the Correction Waves (ABC) should see the beginning of a rally. Wave A will move opposite of Wave 5 and should lose momentum between $200-220 which are 50% & 61.8% Fibonacci Retracement levels respectively. Wave C would develop a double bottom setup that could propel TSLA back to $300.
Head & Shoulders
If the Elliott Waves do not prove valid then a H&S pattern is likely with a right shoulder peak meeting resistance between $200-220 before sending share prices back to a low of $100. I am less confident of this pattern as it appears a premature recovery is about to begin. The neckline rests around $150 but Money Flow Index is already in severely oversold territory and the On-Balance Volume has an overall positive slope.
Double Bottom
In the unlikely event that the H&S comes to fruition then I believe it will serve as the setup for a larger double bottom pattern. Stepping back for a better bird's eye view, the On-Balance Volume has a healthy positive slope and Money Flow Index is in oversold territory. However this pattern will take months to develop so it is too soon to begin loading up for this particular trade as a swing or day trader.
Tesla - Is It A FakeoutHello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of the triangle which I mentioned in the analysis, I am looking for longs to capitalize on a potential bullish rejection.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
🚚🚚 The first Tesla Cybertruck deliveries are set to be happen The first Tesla Cybertruck deliveries are set to be happen tomorrow, on November 30.
Tesla is finally ready to throw its hat into the most important vehicle segment in the US.
The long-awaited Cybertruck, with its futuristic design and embarrassing shattered-window reveal, is finally set to enter production in 2023. Its arrival could be a turning point for the market with its alien looks, high-tech features, and unique body shape.
The company will host a Cybertruck delivery event at 1 p.m. CT on November 30 at its Texas Gigafactory — a delivery event that's long been delayed by various production difficulties.
"We dug our own grave with Cybertruck," Elon Musk said on Tesla's third-quarter earnings call.
The Tesla CEO said the EV pickup truck will require a "staggering" amount of work to ramp up because "it's the nature of the newness." However, he says the company is doing its best to simplify the vehicle.
"It will be cool, but it's utilitarian," he says.
Musk has previously talked about "production hell" during Tesla's past Model 3 ramp.
In the years since its first reveal, Musk has slowly revealed new details about the truck and its performance. Here's what we know so far.
New details from Q3 earnings call
👉 Musk says he expects to reach production of about a quarter million Cybertrucks a year.
👉 "But I don't think we'll reach that output next year .... probably sometime in 2025," he says.
👉 He also talks about the challenges of the ramp-up period.
"The ramp is going to be extremely difficult. There's no way around that," Musk says. "If you want to do something radical and innovative and something's really special like the Cybertruck, it is extremely difficult because there is nothing to copy."
"The more uncharted the territory, the less predictable the outcome," he added.
Musk says he wants to "temper expectations" for the Cybertruck, predicting it will take a year to 18 months before the vehicle can become a significant cash flow contributor, he cites the difficulties of scaling production on a new vehicle, as well as selling the EV at a "price people can afford."
The CEO says demand for the Cybertruck is high, and he believes it is one of Tesla's best products.
What are the features of a Tesla Cybertruck?
Musk has made numerous claims about the truck's purported capabilities that remain to be seen. He said the Cybertruck will be able to "serve briefly as a boat," and have rear-wheel steering. Its exoskeleton-based body is the opposite of how trucks are usually produced — and how they usually look.
What actually makes it into the final list of Cybertruck features is anyone's guess.
"This is a vehicle that competes against everybody and nobody," Ivan Drury, an automotive analyst for the car-shopping website Edmunds, told Insider earlier this year. "If the Cybertruck comes to fruition looking like it did at the debut, that should be more than enough — everything else from tech and features is just icing on the cake."
He compared the Cybertruck to Hummer, a similarly large and impractical vehicle that could attract enthusiasts and wealthy luxury buyers alike.
When will a Tesla Cybertruck come on the market?
Musk confirmed in May that Tesla will make the Cybertruck available to customers later in 2023.
"Sorry for the delay, we're finally going to start delivering production Cybertrucks later this year," he said. "And I think the product, if anything, is better than expectations."
It's the first completely new Tesla product in years and comes at a time when both Tesla and the pickup truck market need some fresh ideas.
How much does Tesla's Cybertruck cost?
It's unclear how much a Cybertruck will cost. Originally, in 2019, the company said the Cybertruck would cost $40,000, but Musk has since said that the price will change.
Generally, the Tesla price range starts around $40,000 for the cheapest variant of the Tesla Model 3 and goes up to $108,490 for the Plaid variant of the Tesla Model X. The Tesla Roadster is expected to be the most expensive model once it goes into production, at a base price around $200,000.
A now-deleted contract clause aimed at preventing early customers from reselling their trucks hints that the truck may not be cheap — or plentiful — when it is finally released, experts told Business Insider.
Tesla is currently taking refundable $100 deposits.
How long does it take to charge a Cybertruck?
Tesla has said that the Cybertruck will use its new Mega Charger V4 technology and become the quickest-charging EV.
Depending on its battery size, that could mean a full charge in less than a half an hour, though details remain to be seen.
Technical highlights on Tesla stocks ahead of first Cybertruck deliveries
👉 Tesla market capitalization has more than doubled in 2023, as Tesla stock price is near $245-250 range in this time, versus $120-125 range where it was at the end of gloomy 2022.
👉 Tesla stocks broke their 52-weeks SMA key resistance earlier in Q2'23 around $215 per share, with further double confirmation of this spurt in Q3'23 and recently in Q4'23.
👉 Following the major upside channel, Tesla stocks can move upside further, to its best historical levels shortly.
🚚🚚 Happy watching a long awaited Cybertruck delivery event as historical "Moment of Tesla" is just few hours to be there.