look for resistance to break herenice breakout from this tight downtrend channel, buy volume starting to pick up too. once 8.9-9 pivot resistance breaks we can look for a 10%+ rally and move over 10! id wait for confirmation first. but this is a great setup. goodluck ! like and follow for more :)Longby Vibranium_CapitalPublished 2225
Pray for a bounce here. $DMThis company has so much going for it. I love the stock.Longby Shaw53Published 110
DM - Ready to print more than metalDM has been hammered down for 8 months straight after spastic new traders bid the price up ridiculous amounts in the Dec/Jan run up. Since then, the price has continually suffered as investors are unable to take the emotional pain of the drawdown on their positions and cut losses. Stochastic RSI is forming a double bottom. RSI is curling up. Volume could be better. A break above the resistance trendline (red) could indicate a trend reversal. If the price is unable to break above current resistance and makes a new low, we would exit. The yellow trendlines are take profit points. Each target represents it's own risk profile. T1 = 1.55 R/R (16% up/10% down) T2 = 3.21 R/R (35% up/10% down T3 = 6.35 R/R (69% up / 10% down) T4 = 10.99 R/R (119.7% up / 10% down) DM generated 13.7M in revenue for 2020. They are on track to hit their projected 100M revenue for 2021. This would represent a 629% increase in YoY revenue growth. Besting some of the fastest-growing companies. In addition, Desktop Metal has made multiple M&A deals during this year: EnvisionTEC - EnvisionTEC has one of the strongest intellectual property portfolios in the area-wide photopolymer 3D printing market, counting more than 140 issued and pending patents. The company has in excess of 190 qualified materials for its platforms and more than 5,000 customers across a broad range of industries, including automotive, aerospace, medical devices, jewelry, and biofabrication. In addition, EnvisionTEC is a leader in the dental market, with over 1,000 dental customers now using its printers for pre-production and end-use parts in this segment. Adaptive3D - Adaptive3D offers category-leading photopolymer elastomers. Its products enable volume end-use parts production via additive manufacturing of odorless, tough, strain-tolerant, tear-resistant, and biocompatible rubbers and rubber-like materials. The Company’s flagship resin is Elastic ToughRubber 90™, a tough, printable elastomer for all seasons. Adaptive3D printable materials are optimized for high-throughput manufacturing of functional, complex 3D plastic and rubber parts in consumer, healthcare, industrial, transportation, and oil and gas markets. Adaptive3D’s core technology was developed through Defense Advanced Research Projects Agency (DARPA) funding, and the Company has received strategic capital from leading materials companies including Covestro, Arkema Group, West Pharmaceuticals, Applied Ventures, and Royal DSM. Aerosint - Founded in 2016 and based in Belgium, Aerosint offers a unique powder deposition system based on a proprietary digital process that selectively deposits two or more powders to form a single, thin powder layer containing multiple materials. The Company’s patented selective powder deposition technology enables full three-dimensional control of material placement during printing and can be integrated into any powder bed AM process, such as laser powder bed fusion, binder jetting, high-speed sintering or selective laser sintering. This new, multi-material approach to powder deposition is designed to support high-speed printing of a broad range of polymers, metals, and ceramics. Sources: EnvisionTEC - ir.desktopmetal.com Aerosint - www.businesswire.com Adaptive3D - ir.desktopmetal.comLongby SpektreSignalPublished 113
$DM - Have we bottomed here?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. Longby ir-rizzlePublished 552
Really nice longAmazing price for long term investors, great company at a great price! stop loss at 9.80 for swing tradersLongby jguerr04Published 2
VERY LOW RISK OPPORTUNITY This honestly might be the best risk:reward setup I have ever seen on a trade. While the fundamentals might not agree... we know that anything can happen in this market. Expect the unexpected.Longby portfoliokingsllcPublished 223
easy money at these levelsThis is one of my favorite companies out there in this space, and it cannot be any more undervalued in my honest opinion. I have loaded up on this in yesterdays trading session, bringing my average cost down to $11.75. It is now roughly 15% of my portfoilo because i know that these price levels are a steal! Please do some DD in the company and you will see that it is worth your investment. I have a Price Target of at least $25 in the next 1-3 years if the company coninues to meet estimates going forward. Easy Money. Easier then APRE was if you were following my previous trades. (APRE ended up as 20%+ gainer but i had to hold for close to 4 months to see profit) NYSE:DMLongby FinanceGuy204Published 115
$DM in buy zone Planning to buy this stock, Think we are in a great point for purchase Let's see what comes out.Longby DavidShagabaevPublished 229
Don't Forget About DMHey guys! Happy Independence Day! I hope everyone has enjoyed the holiday weekend and gets some rest on the day off tomorrow. Today's trade is an old pick that's come back into an area I wouldn't mind starting to scoop some via long shares and short otm puts. Reminder: DM is a company that makes 3d printers that print metal, an industry that's supposed to expand by like 30% CAGR over the next 5 years. Quite the story, and it's a gift it's finally back into a buyable range. Cheers! P.S. -- Now that we have fully launched the site, we will be back to publishing regularly. Couldn't be happier to be back!Longby PropNotesPublished 4413
Desktop Metal ($DM) Long range forecastJust a glimpse to keep track of how this moves. Longby ir-rizzlePublished 115
Direct Metal is plotting bullish price actionNYSE:DM is breaking out of the double bottom pattern. Anticipated price action and targets are shown on the chart, stop loss daily close below 13.5$. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!Longby ChartoholicUpdated 5
Selling $12.50 Puts with July ExpirationI think this is another fakeout. The spike in IV gives great premium. I'm short $12.50 puts for ~$1.00.Longby Shaw53Published 0
Desktop Metal ChannelDM has been on a tear lately. If it falls to bottom of the channel, I'll buy.Longby gooney0Published 0
DM Possible Inverse Head and ShouldersIs Desktop Metal going to bring shareholders to the moon on its 3D printed rocket ship? Stay tuned to find out. Longby ArcadeanPublished 113
DM $20 Price TargetNeeds to break (and ideally backtest) resistances at $14 and $15.5 first but then road to $20 should be clear. Bullish Divergence on daily timescale, bounce off of critical historical support.Longby Ravich000Published 2
Major Head and shoulders pattern * it is just my idea following the chart - definitely in downtrend next weeks/months, needs a good catalyst/news/magic to pick up and change the trend. * $10 the next stop Shortby actualApricot18273Published 332
Looking for a bounce around $12.20-$12.50.Could see a bounce on the post SPAC high, and the previous bounce level. I'm long from $15. Will be adding slowly around these levels.Longby Shaw53Published 1