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Re: str8_chuter post# 34

Tuesday, 05/18/2021 11:03:17 AM

Tuesday, May 18, 2021 11:03:17 AM

Post# of 109
https://www.marketbeat.com/originals/desktop-metal-is-the-future-of-manufacturing-and-a-deep-value/?focus=NYSE:DM

Price action in Desktop Metal looks like it is trying to put in a bottom. The action leading into the Q1 report looks like a Double-Bottom but resistance at the EMA is preventing the full reversal. The Q1 results are helping matters much and have price action down about 10% in early trading. If buyers don’t step in at this level we may see price action fall to $10.50 in the very near term. If that happens we would be buyers of this stock with the outlook triple-digit gains might be had over the next year or two.



I bought more this morning.

"I like long walks, especially when they are taken by people who annoy me"

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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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