Name: Chart of the Day: RDDT 'Cup and Handle' Pattern
Uploaded: 2025-08-01T12:42:44.49-05:00
Duration: 3 min 21 s
Description: Reddit (RDDT) shares popped after earnings. Brett Crowther examines the technical picture for the social media company, saying the earnings move broke the stock's "doldrums" to the upside. On a 1-year chart, he highlights the $162 level as an upward resistance level prior to the earnings report. Brett illustrates a "cup and handle" formation taking shape, with the April lows acting as the base.

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Reddit (RDDT) shares popped after earnings. Brett Crowther examines the technical picture for the social media company, saying the earnings move broke the stock's "doldrums" to the upside. On a 1-year chart, he highlights the $162 level as an upward resistance level prior to the earnings report. Brett illustrates a "cup and handle" formation taking shape, with the April lows acting as the base.

Chart of the Day: RDDT 'Cup and Handle' Pattern

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