Clear return of uptrend for Reddit

Reddit RDDT has seen a strong bullish trend resuming after completing the inverted head and shoulder formation. Previously, we had a note on RDDT reversal play and it has garnered 62% upside (https://www.tradingview.com/chart/RDDT/hORdUdt4-Reddit-making-a-come-back-after-correction/

We believe that Reddit is likely to edge higher and reached beyond 260.00 as Ichimoku shows strong bullish signal. Long-term MACD is bullish after histogram remain positive. Stochastic oscillator's overbought signal has been invalidated after price chat shows weak correction in form of a falling wedge and %K and %D has crossed back.

Volume remain healthy.