Technical:
The price is in premium, and my POI is around $181-$170. However, from a technical standpoint, the price is bullish, and if it doesn't close below $156, it could continue higher.
Looking for an H4 CISD ( from POI ) for a possible continuation to the upside.
If there is no H4 CISD, I assume the price will go lower.
Fundamental:
Reddit's stock surge was primarily driven by strong Q4 2024 financial results:
Key Financial Highlights (Q4 2024):
Revenue: $427.7M (+71% YoY growth)
Net Profit: $71M (compared to just $18.5M the previous year)
Daily Active Users (DAU): 101.7M (+39% YoY)
Why Did the Market React This Way?
Strong Revenue Growth – The 71% annual increase shows Reddit’s ability to better monetize its platform.
Profitability – The company reported a profit, a key metric for investors post-IPO.
Ad Revenue & AI Partnerships – Growth was fueled not only by traditional ad revenue but also by data licensing deals for AI models, such as its partnership with Google.
Market Optimism – AI and social media sectors are experiencing strong investor demand.
Although daily active users slightly missed analyst expectations (101.7M vs. the expected 103M), the overall financial results exceeded expectations, leading to a significant stock price increase.
The price is in premium, and my POI is around $181-$170. However, from a technical standpoint, the price is bullish, and if it doesn't close below $156, it could continue higher.
Looking for an H4 CISD ( from POI ) for a possible continuation to the upside.
If there is no H4 CISD, I assume the price will go lower.
Fundamental:
Reddit's stock surge was primarily driven by strong Q4 2024 financial results:
Key Financial Highlights (Q4 2024):
Revenue: $427.7M (+71% YoY growth)
Net Profit: $71M (compared to just $18.5M the previous year)
Daily Active Users (DAU): 101.7M (+39% YoY)
Why Did the Market React This Way?
Strong Revenue Growth – The 71% annual increase shows Reddit’s ability to better monetize its platform.
Profitability – The company reported a profit, a key metric for investors post-IPO.
Ad Revenue & AI Partnerships – Growth was fueled not only by traditional ad revenue but also by data licensing deals for AI models, such as its partnership with Google.
Market Optimism – AI and social media sectors are experiencing strong investor demand.
Although daily active users slightly missed analyst expectations (101.7M vs. the expected 103M), the overall financial results exceeded expectations, leading to a significant stock price increase.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.