Andersons' 15-minute chart sees KDJ Golden Cross, bullish Marubozu pattern emerges.
ByAinvest
Wednesday, Sep 24, 2025 1:34 pm ET1min read
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The company's user base continues to expand, with daily active users increasing by 21% to 110.4 million and weekly actives rising to 416 million. Analysts are optimistic about Reddit's future, expecting annual revenue to reach $2 billion this year and $2.8 billion in 2026. Earnings per share are also projected to rise significantly, from 16 cents in Q3'24 to 51 cents in the same period this year [1].
Technical analysis of the RDDT stock chart indicates a potential shift in momentum. On September 24, 2025, the 15-minute chart exhibited a KDJ Golden Cross and a Bullish Marubozu pattern at 13:30. These patterns suggest a shift in the stock price towards the upside, with buyers dominating the market. This bullish momentum is likely to persist, supported by strong fundamentals and positive analyst outlooks [1].
Analysts have maintained a bullish view on RDDT, with Jefferies analysts boosting their outlook to $300, up from the current $237. The company's growing market share in the advertising industry and potential renewal of its licensing agreement in 2027 are cited as key drivers for this optimism. Argus analysts also highlighted the stock's strong technicals, noting a bullish pattern of higher highs and higher lows since the March market selloff [1].
While the stock price has retreated in recent days, it has retested a crucial support level, indicating a potential bullish continuation. If this pattern holds, RDDT could blast past $300 in the coming weeks, driven by its strong fundamentals and ongoing bullish momentum.
RDDT--
The Andersons' 15-minute chart exhibits a KDJ Golden Cross and a Bullish Marubozu pattern at 13:30 on September 24, 2025. This indicates a shift in the momentum of the stock price towards the upside and suggests a potential increase in value. The dominance of buyers in the market and the ongoing bullish momentum are likely to persist.
Reddit's stock (RDDT) has been on a remarkable bull run, with significant growth in revenue and profitability driving its stock price upward. The latest financial statements indicate a robust performance, with revenue rising by 78% in the second quarter to $500 million, largely driven by the advertising business. Gross margin and net income have also improved substantially, suggesting a focus on profitability growth [1].The company's user base continues to expand, with daily active users increasing by 21% to 110.4 million and weekly actives rising to 416 million. Analysts are optimistic about Reddit's future, expecting annual revenue to reach $2 billion this year and $2.8 billion in 2026. Earnings per share are also projected to rise significantly, from 16 cents in Q3'24 to 51 cents in the same period this year [1].
Technical analysis of the RDDT stock chart indicates a potential shift in momentum. On September 24, 2025, the 15-minute chart exhibited a KDJ Golden Cross and a Bullish Marubozu pattern at 13:30. These patterns suggest a shift in the stock price towards the upside, with buyers dominating the market. This bullish momentum is likely to persist, supported by strong fundamentals and positive analyst outlooks [1].
Analysts have maintained a bullish view on RDDT, with Jefferies analysts boosting their outlook to $300, up from the current $237. The company's growing market share in the advertising industry and potential renewal of its licensing agreement in 2027 are cited as key drivers for this optimism. Argus analysts also highlighted the stock's strong technicals, noting a bullish pattern of higher highs and higher lows since the March market selloff [1].
While the stock price has retreated in recent days, it has retested a crucial support level, indicating a potential bullish continuation. If this pattern holds, RDDT could blast past $300 in the coming weeks, driven by its strong fundamentals and ongoing bullish momentum.
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