MMAT Meta Materials Breakout on Strong Volume | Price Targets MMAT Meta Materials lost 95.87% of its value in the past year.
But recently the famous meme stock had a breakout to $1.29 on strong volume.
Due to market conditions on Friday, the stock went back to $0.90.
I expect a great week for Meta Materials, my first Price Target being $1.98.
$3.29 is also possible.
Looking forward to read your opinion about it!
Metamaterials
MMAT Meta Materials Options Ahead Of EarningsLooking at the MMAT Meta Materials options chain, i would buy the $1 strike price calls with
2022-8-19 expiration date for about
$0.14 premium.
Looking forward to read your opinion about it.
MMAT 52 week lowMeta Materials Inc. (MMAT) is close to its 52 week low, ranging: $1.38 - $21.76.
What i see in the chart is an easy 80% upside potential support and resistance play.
Looking forward to read your opinion about it.
Meta Materials OutlookWhen Support breaks it turns into future resistance. I see a chart trend forming in this stock. Who likes Sin waves?
Big MMAT Energy 😉Not a financial advisor.
Metamaterials is soon to be an industry giant. After acquiring TRCH energy months back shareholders are finally starting to see the preferred shareholder dividends. I'm one of them.
Rumors have been swirling around that after this deal was complete that they might be looking to partner up with TESLA!
I do see current events leading to that being likely. However I won't speculate, so please do your own research there.
This is a long hold for me personally, I want shares to hold for years.
Short term this will get into the $7-10 range. I do see this going back to the $20's and personally I value this well past the $30's however that is going to take some time to develop.
I am working swing plays to acquire more here.
MMAT Meta Materials strong support and Price TargetsThe 2021-8-20 expiration date for $6 Call options have one of the most implied volatility in the market.
The stock is sitting now at a strong support level from which it might bounce exactly to the 6usd resistance.
The intraday volume is strong 20Mil on average.
i`m looking forward to read your opinion about it.
MMAT Levels To Watch Right NowNot much happening with major Fib levels for MMAT however, that 200DMA seems to be acting as a potential level of support after falling below the 786 fib line. Meanwhile, there seems to be a level of resistance around $5 that has been the case several times over the last few months. The big question now is will the 200 hold this week?
Also have the SC13 G from last week to keep in mind. Nova Scotia Innovation Corporation (Operating as: Innovacorp) reported a 4.399 % stake in the company. This was an amended 13G and if you look back at the one posted on 7/7, you'll see Innovacorp reported a 6.558 % stake.
