DigitalTown, Inc. (DGTW)

[Capitalvaluetrade]

DGTW The Floor is Rising

As stated previously we are in a cup in handle move that is in the very early stages of Wave 2. There are a variety of indicators that show Wave 2 is going to be a breakout wave from both a catalyst and a technical analysis point of view. Lets dive in, so the 3-Month Chart now looks a perfect classic setup with the EMA Fully Crossed over the SMA. The crossover is strong and formidable. The consistent volume is making the VWAP rise as the previous resistances are now supports. The MACD and EMA are very bullish while the RSI is in cruise control and not close to over-extended, but rather cool as we stair step going forward.

3-Month Chart
https://www.barchart.com/stocks/quotes/DGTW/technical-chart?plot=BAR&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=EXPMA(9);SMA(20);BBANDS(20,2);ACCUM;MACD(12,26,9);RSI(14,100)&sym=DGTW&grid=1&height=500&studyheight=100

DGTW is not looking to break the 52 Week High and come back down, it's looking to go Blue Sky Breakout and head to historical prices of early 2019.

https://www.barchart.com/stocks/quotes/DGTW/technical-chart?plot=BAR&volume=total&data=WO&density=O&pricesOn=1&asPctChange=0&logscale=0&startDate=2019-01-10&indicators=EXPMA(9);SMA(20);BBANDS(20,2);ACCUM;MACD(12,26,9);RSI(14,100)&sym=DGTW&grid=1&height=500&studyheight=100

Look for the .004's range to be right around the corner as the technicals and fundamentals are strengthening each day. I anticipate we will be trading .005's as soon as next week and make sure you have your popcorn ready as we get to the end of the month. My price target remains well above a penny for Wave 02 then retrace to an area above the Wave 01 high (likely .007's range) then we will go Wave 3 for the next move going into February. GLTA