DWAC Stock Analysis: Trump’s social network will let him communicate with the millions of users who followed him across Twitter (TWTR), Facebook (FB), and YouTube (GOOG, GOOGL), before those sites banned him for arguably inciting the Jan. 6 attack on the Capitol. Truth Social, which will launch in beta next month and be generally available in the first quarter of 2022, is also going public via a SPAC merger with Digital World Acquisition Corp (DWAC). In this DWAC Stock Analysis video, we discuss swing trading and investing in the company. We analyze the 55 EMA (Exponential Moving average), MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), bullish and bearish trends, technical analysis chart patterns, and potential entry and exit points for traders and investors.
Timecodes:
0:01 Intro
0:11 Fundamental Analysis
6:35 Technical Analysis
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DISCLAIMER: I am not a financial advisor, and my opinions reflect mine only and no other entities. The ideas presented in this video are for entertainment purposes only and not intended as any financial advice, recommendations, suggestions, etc., despite what is stated. You (and only you) are responsible for the financial decisions that you make.
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