$RDDT Watching for break of 200 DSMA.
Been channeling up last few weeks.
AI data training play.. https://t.co/8ASJ3MB70M

$RDDT Watching for break of 200 DSMA.
Been channeling up last few weeks.
AI data training play.. https://t.co/8ASJ3MB70M
$RDDT is up 10% today and is testing a major resistance area again
Price has now rejected from this resistance + trendline five times
We want to see a decisive break for the next leg higher
Fundamentally, $RDDT is trading at
• 51x PE
• 34x Forward PE
Not cheap but we have
• Revenue: +69% YoY
• Ad revenue: +74%
• Adjusted EBITDA margin: 40%
The biggest opportunity remains ad monetization
As Reddit improves targeting, automation and advertiser adoption, revenue growth will be asymmetric
AI data licensing is also an important high-margin optionality
What do you think of $RDDT?
$RDDT Still channeling up.
Momentum trading near range low. https://t.co/DqFwSnoCEh