DTEA: Time for patienceI love these guys' products, but I am not ready to be in as a shareholder at the moment.
As you can see, DTEA is forming a triangle and now may not be the best time to hold a newly created long term position.
Once this triangle is broken, it should show us a nice trend.
I am expecting a reasonable entry point late 2022.
NASDAQ:DTEA
DTEA
TARGET HIT $DTEA @ 5.91 for 31.33% Profit in 121 daysTARGET HIT $DTEA @ 5.91 for 31.33% Profit in 121 days
Damn... this hit in pre-market yesterday and I didn't even notice. It doesn't show up on my 1-day chart because It was in pre-market and out of range... Great Game, DTEA!!!
$DTEA Target 5.91 for 31.33% $DTEA Target 5.91 for 31.33%
Or next add level is at 3.09
This one finally broke into green territory... let's hit this target...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$DTEA Target 5.91 for 31.33% - Or next add level at 3.09$DTEA Target 5.91 for 31.33%
Or next add level at 3.09
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Davidstea Secular ReversalHere is a beautiful setup of a stock that's about to receive a secular reversal. Volume comes in then after a few weeks the weekly crosses above the 30 week and then begins to bounce on the moving average. The momentum indicators are also pointing it up. I drew a short term target trend line, but this stock is set up for a big reversal. Enjoy :D
DTEA - Pushing Hard From Price ActionDAVIDsTEA, Inc. engages in the retail of specialty tea. It offers a selection of loose-leaf teas, pre packaged teas, tea sachets, and tea-related gifts, food, and accessories through its stores. The company was founded by Herschel H. Segal and David Segal on April 29, 2008 and is headquartered in Mount-Royal, Canada.
SHORT INTEREST
592.54K 08/30/19
P/E Current
-1.71
P/E Ratio (with extraordinary items)
-1.60
Average Recommendation: HOLD
Average Target Price: 4.59
$HIPH One To Watch $KGKG $PURA $NBEV $TLDY $IGC $DTEAwww.networknewswire.com
UpComing Catalysts Reiterated:
1. 4 Acquisitions 3 CBD/MJ Sector and 1 in Unrelated Sector
2. Major Distribution Deals
3. THC Beverage Prototype
4. CBD Beverage distribution into major retail
5. Share Reductions
6. New Website
7. Uplistment to the OTCQB
8. Gents Clothing line infiltration into the Asian Market Overseas
9. Much more...
$HIPH NNW Initiates Full Coverage Zack's and Sierra EquityAmerican Premium Water has been on a roll lately and it looks as if the company might finally be inching closer to breaking out above .20 following a rash of updates. Below are the most recent developments:
Sierra Equity a superbly respected news source revised their target price from .15 to .30
www.marketwatch.com
Zack's Market Research a news source that 90% of the time only features Nasdaq and NYSE stocks began coverage of $HIPH
and lumped it into the beverage category which includes companies like Coca Cola and Dr. Pepper
www.zacks.com
Network News Wire another highly respected news source initiated full coverage of $HIPH today
finance.yahoo.com
$HIPH's Hydro Infused High PH CBD Water has already become the bestseller on the Singleseed.com website in less than a week of being listed:
www.singleseed.com
Based solely on technicals and disregarding all of the above, the charts show a breakout imminent with multiple flags on the daily, hourly and 30min charts with a wedge and strong hold above thread-line.
I anticipate possible .09s today with the next leg beginning in full throttle after a break back above .08