Market sentiment for "DJT stock forecast 2024" remains sharply divided, with technical charts showing resistance near $52.40 and support hovering at $47. On a similar token, investor sentiment remains bullish here, but sentiment can also continue to get even more optimistic before it reaches a truly euphoric level. Markets applauded the Fed’s confirmation last week of three upcoming rate cuts, bolstering investors’ appetite for risk. The central bank also issued more bullish forecasts on the economy including bumps in GDP numbers. More than a month after winning the Nov. 5 presidential election against former Vice President Kamala Harris , Trump transferred his entire stake — 114,750,000 shares — to a revocable trust. The "DJT stock forecast 2024" pattern reveals breakout potential, especially if macroeconomic indicators, such as job numbers and CPI data, align with investor expectations. Market-watchers expect knee-jerk reactions to any fiscal policy announcements.
