DM trade ideas
$DM I'm long and holding long termI'm holding shares and call options on this stock for at least a year.
3D printing is the future, and I trust that Kathy Woods knows her stuff. (PRNT)
Price target $36 by mid February TA wise, looks good for a swing, wait until it passes that red resistance line.
4-6 week play on DMBoth sides of the play here. Recent acquisition will help DM grow. Earnings will act as the catalyst here and should happen in the next 4 weeks.
DM forming cup and handleDM looking bullish on a larger time frame. It's been forming the handle for days now, don't sleep on this.
Retest of resistance or support soonLooking to add shares if it bounces off support or breaks resistance with confirmation
Just analyzing this one for now.
There is intense buying pressure on DM. Setting bollinger bands on a 80 MA verses a 20 can show you this. Price is outside the upper BB. You can also see selling pressure like this to get an idea of when selling may become exhausted..I am thinking buying can become exhausted as well?? I am sure lots of folks are super excited about this one and you can tell by the chart..DM has popped overe the red line a few times, went back in to the bollinger bands, then popped out again..it did it down at the bottom and at least 3 times since it has been rallying..
Price has a way of pulling back to the mean as a rule. In this crazy market..who knows??
May be attempting to form a cup. There is no handle that I can find..
You ever wish you had got in at the bottom, but fact remains you did not. Sux Rox sometimes but I try to hold on to my horses, and my money as well..
Watching for now/Neutral..
Just always be sure you do not get stuck in an elevator..no fun at all! Entering at a good price can always help..and be sure your cell phone works inside or the built in emergency phone works (o: so you can call for help..
Not a recommendation/just an observation
DM, Long Plan Sold my cost on this last run up , holding remainder , here is my next entry plan ...
Long term hold for me , very cool company with the ability to print physical metal parts . Worth some research imo. Digital printing is really amazing, reminds me of star trek's replicators. We are advancing in leaps and bounds here.. DM holds some patents in this field too.
Good luck ~
Potential Setup Desktop Metal , double top on good volume , likely to breakout here.
Breakout volume will be critical to build a new support
Desktop Metal (Long) for the future and beyondA simple bullish pattern is a good indicator for growth but seeing as it will also pass the resistance barrier soon the growth will be evan greater.
Double Bottom, price target 29 USDDouble bottom visible on the 1D chart, breakout to c. $29 expected once the resistance level at $24.6.
DM Double BottomDM (TRNE) made some very strong moves up before the ticker change, since the change it has been beaten up pretty bad. I expect the double bottom to lead to previous highs and beyond. I love this as a long term play, they are one of the top dogs in the 3D printing industry!
$DM #DM in a gorgeous bullish breakout pattern.
$DM has be consolidating in this bullish breakout pattern for a while, really beautiful setup here. The 50SMA is acting like resistance, with a break above and we can see it running any day now.
Short Term Target Area: 24
Short Term Target Area: 30
I'm Going Long on $DMFrom a technical standpoint, $DM is looking very attractive at these levels.
I outlined the areas where I've added to my position, at the established support range of $15.50 - $16. If we can break out of the apparent wedge, a gap up to the $20 - $22 range is very possible.
Desktop Metal Inc. is a very interesting and exciting company. Read this portion of an article by BusinessWire.com:
"Desktop Metal is now the only publicly traded pure-play Additive Manufacturing 2.0 company, offering the fastest metal 3D printing technology in the market, up to 100 times the speed of legacy technologies. The additive manufacturing industry is estimated to grow from $12 billion to $146 billion this decade as it shifts from prototyping to mass production."
www.businesswire.com
These are my own thoughts and opinions, please do not take posts as financial advice.
EASY PROFITS? Price Prediction for this weekThe graph is pretty self explanatory.
The support level seems decent, there is also good support by the long term EMA.
We could see a nice bounce back up with a nice and easy 25% profit in just 3-5 days
the RSI is telling us the dip entry is now!! dip entry here at 17, target 21 on a break of the downtrend with a stop loss at 15. goodluck ! <3
DM sitting on support line. Always stop loss tho.Great technology company poised for massive growth. This is an awesome buy opportunity IMO.
