What the upper resistance level for DJT?
5/8/2024 07:51am
The upper resistance level for DJT is not provided in the given information. However, we can analyze the historical data to determine potential resistance points. Looking at the support and resistance levels mentioned in the information, we can see that the first resistance point is $49.81, and the last price was $47.93. The first support level is $45.17, and the second support level is $42.41. To find the upper resistance level, we can consider the following approach:1. Identify recent highs: The recent high for DJT was $66.22, which can be considered as a significant resistance level.2. Look for patterns: Analyze the price chart for any patterns or trends that may indicate future resistance levels.3. Use technical indicators: Apply technical indicators such as moving averages, RSI, or MACD to identify potential resistance levels.4. Monitor news and events: Keep an eye on any news or events that may impact the stock price and trigger a potential breakout above the current resistance levels.By combining these approaches, we can gain a better understanding of the upper resistance level for DJT and make informed trading decisions.