When capitalism nearly died in 2008, major stock market indices experienced >50% drawdowns from all-time highs. After unprecedented interventions by the Federal Reserve — and a historic surge in government debt to GDP — tech, growth, and the S&P 500 have seen stellar returns. (QQQ, VUG, & SPY respectively above). On the other hand — small caps (VB), value (VTV),...
“I would not be a Moses to lead you into the Promised Land, because if I could lead you into it, someone else could lead you out of it.” “A privately owned world can never be a free world and a society based upon warring classes cannot stand.” Desktop Metal, Inc. engages in the manufacture of additive manufacturing solutions accessible to engineering, design,...
I found a pretty good demand, unfortunately this area has not been touched at all. so i missed the train i'm having a hard time finding this last best entry point from usdjpy but i've found a good set up buy 116.3 -116.2 is the best entry point if you buy
Technical Thesis: -double bottom -20 day MA on the verge of a steep cross up through the 50 day MA -average volume is trending upwards -it broke out with significant volume Fundamental Thesis: -YoY Profit margins are trending upward -from 2018 to 2020 their debt to assets has fallen significantly -on the Macro side, with the ability of large-scale production and...
Here's a fresh look at Desktop Metal after it broke previous lows and invalidated my last count (linked). It looks like we weren't finished with the primary wave 2 correction. It looks to be a 5-3-5 zigzag correction, and we're getting pretty close the the all time lows of 9.40. RSI has bottomed out here, so if we're gonna bounce, it has to be here.
Just a glimpse to keep track of how this moves.
$DM - Started reversing from the double bottom with an oversold Stochastic. Desktop Metal is a solid fundamental company as they are industry leaders and are more efficient than their competitors. Fair value targets are ahead of the current price, and the huge pull back from the highs has created a solid entry for the long term. If it can break 19, it’ll go to 21...
(This is not financial advice) Hello everyone, this is some TA I did for my watchlist over the weekend on Desktop Metal. For anyone not familiar this is a 3D Printing stock and will do very well long term in my opinion. This stock has a had a big sell off and is very oversold. I am a big fan of Desktop Metal and have done a full fundamental analysis on it....
- DM is trading at its 200 MA after an impressive run up to $34/s. - RSI has entered oversold territory. - Assuming the stock holds its 200 MA support, this offers a good entry point to initiate or add to your position.
Hopefully Senorita Wood blows this beast up! 3D printing space will only continue to grow. Might not be too great for certain jobs, but even industries we think are safe aren't far off from extinction. What's your view on DM?
I read Ark Invest's Big Ideas for 2021 and according to them NYSE:DDD and NASDAQ:SSYS are the leading companies of the industry. As you can see in this chart, there is a clear winner when it comes of ROE, but I'll be buying the first one that plays by my rules. At the moment NYSE:DDD is ranked 3rd in its group by IBD Investors and NASDAQ:SSYS is ranked...
Desktop Metal is 3d printing company that is backed by Virgin Galactic CEO (Chamath), as he mentioned It is an important company that is fighting climate change. Great Long Term potential and good add for Shares here. Options I would wait to play the the sub wave 5 of wave 3 up as it looks like its going for a continuation to $33 to complete that sub wave 3 of 3.