6% following the announcement of a new television streaming service called Truth+. Designed to complement the Truth Social platform, Truth+ offers a variety of content such as news, commentary, weather updates, and lifestyle programming, with plans to include Christian and family-oriented shows. CEO Devin Nunes emphasized that Truth+ is “uncancellable,” utilizing TMTG’s proprietary technology to avoid censorship. This development aligns with TMTG’s strategy to provide a conservative alternative to major social media and media platforms. Recent asset acquisitions and the prior volatility of DJT stock contributed to the heightened investor interest and renewed confidence in the company’s growth potential.

With 97% of the news controlled by the Democratic Party and 90% of bot comments on YouTube used for perception manipulation, Truth Social may find a niche market to carve out for itself.

YouTube Streaming, a Democrat Stronghold

YouTube has compromised its once neutral platform to cater to the whims of the Democrat Party and the Establishment by censoring truthful content that is offensive to Democrats such as the Hunter Biden laptop story or the dangers of the COVID-19 experimental mRNA shot, and even the recent President Trump assassination attempt.

Whistleblowers inside Google have revealed that the company has made it a core mission to promote Democrat narratives and the politicians who support them. Executives at Google have even directly worked on Democrat political election campaigns and are major supporters of the Democrat establishment. The use of fake bot accounts and search engine rankings to manipulate public perception in favor of Democrats, while censoring, shadow banning, and harassing those with opposing views, has led to the rise of alternative services like Rumble and Truth Social.

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Google and the 2024 Election

Censorship ALERT: Google de-lists websites that link CLOTS to the SHOTS

Launch of Truth+

A New Era of Streaming

TMTG announced the launch of Truth+, a new streaming television service designed to enhance the content offerings on its social media platform, Truth Social. The service aims to provide a diverse range of content that has been previously overlooked, catering to an audience seeking conservative viewpoints.

Truth+ represents the Republicans’ effort to counteract the big tech monopolies which are often aligned with Democrat party interests, in an attempt to circumvent Establishment censorship.

Uncancellable Content

Devin Nunes, the CEO of Trump Media, emphasized that Truth+ will be an “uncancellable” platform. This positioning aligns with the company’s strategy to offer a space free from censorship, appealing to users disillusioned with the control exerted by larger tech companies over mainstream platforms.

Immediate Market Impact

Following the announcement of Truth+, DJT’s stock price surged by over 6% on the morning of August 2, 2024. This increase highlights investor confidence in the growth potential of the new streaming service and the broader vision of TMTG.

Content Offerings

Diverse Programming

Initially, Truth+ will feature a variety of content, including news, commentary, weather updates, and lifestyle programming. There are also plans to introduce Christian and family-oriented shows in the future, further broadening the appeal of the service.

Recent Acquisitions

Last month, TMTG revealed an asset acquisition agreement with WorldConnect IPTV Solutions and JedTec. These acquisitions are part of the strategy to build a robust content network for Truth+, likely contributing to the heightened investor interest and the stock price surge.

Technological Independence

Proprietary Technology

One of the significant selling points of Truth+ is its technological independence. By developing its own content delivery network (CDN) and proprietary technology stack, TMTG ensures that the service remains immune to censorship from major tech companies. This independence is a critical factor in appealing to investors and users who support the company’s mission.

Integration with Truth Social

Truth+ will be integrated with the Truth Social platform, allowing users to access streaming content while engaging with the platform’s microblogging features. This seamless integration includes functionalities such as picture-in-picture viewing and future plans for streaming apps compatible with home television sets.

Significance for DJT Stock

Market Reaction

The announcement of Truth+ had an immediate and positive impact on DJT stock. On August 2, 2024, the stock surged over 6%, reflecting investor optimism about the potential growth and revenue streams from the new service.

Growth Potential

The introduction of Truth+ represents a strategic expansion for TMTG. By entering the streaming market, the company can potentially attract a larger user base, increasing engagement on the Truth Social platform and opening new avenues for revenue. This growth potential is a key driver behind the positive investor sentiment.

A Conservative Alternative

TMTG’s mission to provide a conservative alternative to mainstream media and social platforms resonates with a significant audience. The development of Truth+ aligns with this mission, offering a platform that promises freedom from the influence of larger tech companies. This ideological stance is a crucial factor in attracting and retaining a dedicated user base and investor support.

Insights:

1. Truth+ aims to provide uncensored, conservative-oriented content.
2. The integration of Truth+ with Truth Social enhances user engagement.
3. TMTG’s technological independence appeals to conservative investors.

The Essence (80/20)The Origins and Evolution of the 80/20 Principle The Discovery by Vilfredo Pareto In 1897, Italian economist Vilfredo Pareto uncovered a striking pattern in his study of wealth and... More:

• Launch of Truth+: A new streaming service offering diverse content and future plans for Christian and family shows.
• Uncancellable Content: Truth+’s strategy to remain free from censorship using proprietary technology.
• Stock Market Impact: DJT stock rose significantly following the announcement, reflecting investor optimism.

The Action Plan – What Truth Social Will Likely Do Next:

Technological Focus: Continue developing and enhancing proprietary CDN and technology stack to maintain independence.

Promotion Strategy: Market Truth+ aggressively to current Truth Social users and potential new audiences.

Content Expansion: Prioritize adding Christian and family-oriented programming to capture broader demographics.

Blind Spots and Remediations

Content Quality and Diversity:

Blind Spot: Ensuring the content remains engaging and diverse enough to retain and attract users.

Remediation: Regularly conduct user surveys and focus groups to gather feedback. Invest in content creation and partnerships to continually refresh and diversify programming.

Scalability of Technological Infrastructure:

Blind Spot: The proprietary technology stack may face challenges in scaling efficiently with user growth.

Remediation: Implement robust load testing and scalability planning. Regularly update and optimize the technology stack to handle increasing traffic and user demands.

Legal and Regulatory Risks:

Blind Spot: Operating as a conservative platform may attract legal scrutiny and regulatory challenges.

Remediation: Employ a dedicated legal team to monitor and address regulatory changes. Develop a comprehensive compliance strategy to preemptively manage legal risks.

Market Competition:

Blind Spot: Competing with established streaming and social media platforms will be challenging.

Remediation: Focus on unique value propositions, such as uncancellable content and conservative orientation. Enhance user experience through seamless integration of Truth+ and Truth Social, and innovate continuously to stay ahead of competitors.

DJT Technical Analysis Daily Time Frame

The daily chart of Trump Media & Technology Group Corp (DJT) shows the following technical indicators and patterns:

Price Trend: The stock price has been experiencing a downward trend, as seen with the 50-day moving average (blue line) above the current price and pointing downwards. The 200-day moving average (red line) is also above the current price, indicating a long-term bearish trend. Recently, the price has seen a slight upward movement but remains below these moving averages.

Volume: Volume shows sporadic spikes, indicating occasional higher trading activity. The highest volume occurred around late April and mid-July.

Relative Strength IndexIn the world of technical analysis, the Relative Strength Index (RSI) stands as a cornerstone tool for traders seeking insights into market momentum. Developed by J. Welles Wilder ... More (RSI): The RSI is at 42.01, suggesting the stock is neither overbought nor oversold but is closer to the oversold territory.

On-Balance Volume (OBV): The OBV is relatively flat, indicating that volume is not significantly favoring either buyers or sellers.

Stochastic RSIIn the realm of technical analysis, the Stochastic RSI (StochRSI) emerges as a powerful tool for traders seeking to navigate market dynamics with precision. Developed by Tushar S. ... More: The Stochastic RSI is at 0.247, indicating that the stock is in the oversold region, which might suggest a potential for a price rebound.

Chaikin OscillatorNamed after its creator Marc Chaikin, the Chaikin Oscillator stands as a formidable tool in the arsenal of technical analysts. This oscillator is designed to measure the accumulati... More: The Chaikin Oscillator is at -3.070,944, indicating selling pressure as it is below zero.

MACDThe MACD indicator is essentially a momentum indicator that shows the relationship between two different moving averages of price. The MACD is the difference between the 12-period ... More: The MACD line is slightly below the signal line, and both are below zero, indicating bearish momentum. The histogram also shows negative values, supporting this bearish sentiment.

Time-Frame Signals:
3-Month: The current bearish trend suggests a “Sell” signal for the short term. The price is below both the 50-day and 200-day moving averages, with bearish momentum indicated by the MACD and Chaikin Oscillator.

6-Month: The stock’s inability to break above the moving averages and persistent downward pressure suggests a “Hold” signal. There might be some upward movement as the Stochastic RSI indicates oversold conditions, but the overall trend remains bearish.

12-Month: Considering the long-term trend and the current positioning below key moving averages, the recommendation is a “Hold”. There is no clear indication of a reversal in the long-term downtrend.

In summary, the technical indicators suggest a bearish outlook for the short term with potential for some rebound due to oversold conditions. However, the overall trend remains negative, warranting a cautious approach.

DJT Technical Analysis Weekly Time Frame

The provided chart is a weekly time frame for Trump Media & Technology Group Corp (DWAC), showing price movements, volume, and various technical indicators. Here’s a comprehensive analysis:

The price trend indicates a significant downward movement from late 2021 until early 2023, with some stabilization and slight upward movement observed in mid-2023. The price has recently shown some volatility but remains below the long-term average price (VWAP).

The volume indicator shows a high trading volume during the initial downtrend, tapering off during the consolidation phase, with occasional spikes aligning with price changes.

Relative Strength Index (RSI) is at 44.86, indicating neutral momentum. It suggests neither overbought nor oversold conditions.

On Balance VolumeThe On Balance Volume indicator (OBV) is a technical analysis tool used to measure the flow of money into and out of a security over a specified period of time. It is a cumulative ... More (OBV) has been steadily increasing, suggesting accumulation and possible bullish sentiment among investors.

Stochastic RSI is at 0.058, indicating oversold conditions, which could potentially signal a buying opportunity if confirmed by other indicators.

The Chaikin Oscillator shows a negative value of -14,284.191, suggesting bearish sentiment and distribution.

The MACD Oscillator shows a bearish crossover, with the MACD line at 1.14 below the signal line at 4.77, indicating a potential downward momentum.

Time-Frame Signals:

1 Year: The overall trend appears to be stabilizing after a prolonged downtrend. The RSI and Stochastic RSI suggest a possible bottoming out, but the MACD and Chaikin Oscillator indicate bearish momentum. Recommend Hold.

2 Year: Given the stabilization and potential accumulation indicated by OBV, there might be a gradual upward movement if positive catalysts emerge. However, current indicators do not strongly support a bullish outlook. Recommend Hold.

3 Year: Over a longer horizon, the stock may recover if the company’s fundamentals improve. Current technical indicators are mixed, with some suggesting potential bottoming. Recommend Hold.

Past performance is not an indication of future results. This article should not be considered as investment advice. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions. 🧡

Looking Ahead

The launch of Truth+ marks a pivotal moment for Trump Media & Technology Group. By expanding into the streaming market, TMTG enhances its content offerings and technological capabilities, which has positively influenced DJT stock. The company’s commitment to providing uncancellable, conservative content positions it uniquely in the media landscape, promising continued growth and investor confidence in the future.

FAQs about DJT Stock and Truth+ Streaming Service