Digital Locations Inc (DLOC)

[DD_dempsey]

$DLOC- Breakout Imminent now at .0013+ pps

AS I STATED A FEW WEEKS AGO- I know you and I don’t like to rush and compete with the crowd. This stock became severely oversold a few months ago -on the common misunderstanding of a S-1 procedure and how long it may take - and whether even at all!
That was back in September. A stock that hovered .0025-.0045 pps for months quickly fell into the mid trips. October saw the W. The common shape a chart makes when it hit and retest bottom support twice and bounces off NORTH to establish new support.

This stock - in its dog days of October / Never fell below .0006 pps. We saw it test .0012 pps before falling again to retest new support a bit higher at .0008/.0009 pps as the final tax loss shares were sold.
Already in 2024- the stock pps has seen the highest volume day in about 6 WEEKS. The BID has built up significantly now at .0008/.0009 pps AND ALL OF THIS WAS EXPECTED.

A careful review if our last few DD posts and one would see why this was a severe overreaction. The stock IP and potential is exactly the same as it was when this was trading .0045 pps WITH THE SAME SHARE STRUCTURE.

KEY POINTS-
1-hard not to be attracted to this SS. This stock isn’t diluting to pay for filings etc. the structure is extremely solid.
2-This management - strongly regarded as top of the line academia in this field and capable of strategic partnerships with the US government and companies like starlink - appears dead set on achieving shareholder value as they have sufficiently outlined in their recent filings .
3- chart has flipped on almost every key indicator that I use on my scanner to detect potential significant movers. All it needs is a close above 13 imo.
4- Retail sold this down so it will not take much for this to move sharply NORTH. Looking forward to the next company communication. I have a feeling we will retest 52 week higher here over the next 2-5 weeks. We shall see and good luck to us my friend.

NEXT STOP: test and break .0013 + pps and then imo- make the move toward .002’s as more retail reviews the stock and patents/tech as well as what brought them here the last time this moved 300-400%+