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Stock $RDDT experienced fluctuations in its value with signs of peaking out in April. Traders observed potential shorting opportunities, with some anticipating a decline to the $20s. Calls for April 19 were being monitored. Despite initial challenges, a 7% gain was achieved, with a resistance test at 34/50 levels. A short position was closed as the stock showed signs of a turnaround.
$RDDT #update Not a bad curl, looks like they were waiting for me close short! 34/50 resistance test here #repeatable reversal setup https://t.co/tXP0zS5gon https://t.co/4mxy7vbBXF
$RDDT Closed short as 5-12 curled https://t.co/1I6t3XZ3jl https://t.co/80S0bh01ic
$RDDT #update Dnt get best entry today but nice 7% on Shares in gains they holding 56.50 for now, might close rest if curls Options are waste of time https://t.co/7ENRmyg5rI https://t.co/AlqPsSfCb4