#DWAC #dwacstock #dwacsqueeze #dwactechnicalanalysis #dwacstockanalysis #dwacstockupdate #phunstock #PHUN #phunsqueeze #phuntechnicalanalysis #phunstockanalysis #phunstockupdate #chartreaders #technicalanalysis #RSI #MACD #Daytrader #DayTrading #SwingTrading #swingtrade #tradingstrategy #learntotrade #tradewithaplan #technicalanalysis #tradingplan #donaldtrump #donaldtrumpstocks #acquisitionstock #memestocks #memestock @PhunwareOfficial
$PHUN & $DWAC - the other side of the coin to my favorite rhyme is green green green can easily bring red red red and today brought reasons to be cautious going into tomorrow. Though PHUN has two moving averages it can use as support around $0.33, DWAC has the potential to drop down towards the 8MA around $34.40 (guessing tomorrow's open for the line). The bigger issue will become if each loses the first upcoming support line because an avalanche of green green green to red red red will probably follow.
There are no immediate caucuses coming until a month from now so that alone might be a sign of a lagging movement here. Potential of the VP Candidate to be dropped at any time, but not sure that is enough to sustain a month of no major election events
Cant stress enough that I am overall #bullish on these stocks as long as #trump2024campaign is alive and kicking. That said, bad things can happen during bullish moves that can be used to your advantage if ready!!!
00:00 Opening Thoughts on PHUN & DWAC
01:45 Introduction for new viewers
02:10 PHUN
14:15 DWAC