$RDDT (Reddit) is stabilizing after a deep post-IP
Post# of 145110
(Total Views: 70)
Posted On: 04/17/2025 9:44:42 PM
$RDDT (Reddit) is stabilizing after a deep post-IPO selloff, showing early signs of a Wyckoff-style accumulation. If it can reclaim the 50MA and close over $106, momentum may shift in favor of bulls.
Bullish Setup:
Hold above $91–93 → attempt range top breakout
Confirm breakout above $106–110 → opens room to $130 then $150
Bearish Setup:
Failure to hold $90 → retest $85 → flush to $80/$75
https://www.facebook.com/share/p/18R2u8He4S/
Bullish Setup:
Hold above $91–93 → attempt range top breakout
Confirm breakout above $106–110 → opens room to $130 then $150
Bearish Setup:
Failure to hold $90 → retest $85 → flush to $80/$75
https://www.facebook.com/share/p/18R2u8He4S/
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