Reddit Check-In: 4/03/2024
$Reddit(RDDT.US)$
SpyderCall 4/02/2023: Bullish Engulfing Candle!
Flat Trading With Very Low Relative Volume
Yesterday's bullish engulfing candle did not turn out to be so bullish. Today was quite a bearish day for RDDT. The price of Reddit closed the day at $44 per share. This is the exact price of Reddit shares when it entered the market. As of close today, Reddit is trading flat. I guess you could say that the technical outlook is neutral r...

Reddit Check-In: 4/01/2024
$Reddit(RDDT.US)$
Meme Stock Mania
Reddit was one of the main facilitators in the meme stock craze that followed the massive liquidity injeciton from the Federal Reserve after the pandemic market crash. So much money was flowing into equity markets that just about every stock on the NASDAQ was ripping. Even the tiny companies that had no businees participating in the buy everything rally were ripping as well.
Along with influenc...

$Riverstone(AP4.SG)$
0.84 reached. . Good time to take profit after a big surge.

$Riverstone(AP4.SG)$
RHB have upgraded Riverstone to Buy from Neutral, with new DCF-derived 0.93 TP from 0.74, 27% upside and c.3% yield.
They believe it is in a sweet spot to capitalise on the recovery of global semiconductor sales. On healthcare gloves, management intends to focus on high specialty products following the completion of revamping its generic production line to a customised production line. They like the company for its unique exposure to the cleanroom segment, above-industry mar...

$Wilmar Intl(F34.SG)$ BUY BIG now. buy early.