1st target buy @ 109 (position filled)
2nd target buy @ 74
If we close the gap down to 74, I will add more. This is possible in current bear market. This idea is a long term investment in RDDT at what I believe are strong areas of support. Revenue is growing rapidly and I believe in the company. Over 1 billion in ad revenue in 2024, though It's not all positive, they do have some warts such as negative net income and less than expected growth in daily users but I believe these things will be resolved over time and are likely priced in at this point after a 43% drop in the last month from ATH. Long
2nd target buy @ 74
If we close the gap down to 74, I will add more. This is possible in current bear market. This idea is a long term investment in RDDT at what I believe are strong areas of support. Revenue is growing rapidly and I believe in the company. Over 1 billion in ad revenue in 2024, though It's not all positive, they do have some warts such as negative net income and less than expected growth in daily users but I believe these things will be resolved over time and are likely priced in at this point after a 43% drop in the last month from ATH. Long
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.