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WM Technology, Inc.

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MAPS trade ideas

Need a high? WM Technology inc for 500% returnOn the above 5 day chart price action has corrected over 95% since early 2021. A number of reasons now exist for a bullish outlook, they include: 1) Price action and RSI resistance breakouts. 2) Confirmation of support on past resistance as sellers capitulate with boredom. 3) Resistance not until $6 to $8 area. Is it possible price action continues to correct? Sure, sellers love losses. Is it probable? No. Ww Type: trade Risk: You decide. Timeframe for long: January 2025 Return: 500% Stop loss: Elsewhere
NASDAQ:MAPSLong
by without_worries
WM Technology | MAPS | Long at $1.00WM Technology NASDAQ:MAPS provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. After it's de-SPAC in 2020, it soared to $29.50 and now can be found for around $1.00. It's been consolidating at these lows for almost two years, and it may be gaining algorithmic traction for a move soon based on my selected simple moving average (SMA). Often (but not always), when this SMA gets close to the price, there is a pop to the historical SMA. Currently, it is in a personal buy zone at $1.00. Target #1 = $1.50 Target #2 = $2.00
NASDAQ:MAPSLong
by WorthlessViews
MAPS - Cannabis related Company - Hot SectorWM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. This is not a financial advice! Weed related company - Sector is hot right now. Rel. Vol on 03/23/2024 at 3.59 We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work. I would wait for a small PB before entering. Approx at 1.05 Keep an eye on 1.5 level needs to get broken for a further upmove. You can take partial profits at this level if u want to lock in gains. SL under 0.9 TPs approx. 1.60 or even 1.90 Most info on the chart. Trade carefully!
NASDAQ:MAPSLong
by meitshels_smell_trades
MAPS a technology and marijuana penny stock LONGMAPS on 240 minute chart is now in a significant breakout with spiking volume and dramatically increased relative strength. The breakout was caused by the news that the Biden administration and specifically VP Harris will now push to legalize marijuana and take it off the DEA's controlled substance schedule which if legislated and enacted will buttress the Biden/Harris ticket and help the marijuana sector free itself of certain regulatory encumbrances which will invigorate related stocks. MAPS is a fintech app that includes advertising and helps users locate and compare dispensaries. I added 200% to my existing position with the news. I will add another 100% if price can get over the trendline it sits under and stay over it for a day. My other holdings in this subsector OGI and ACB have have the best 2 or 3 days in a long time. Will watch for signs of a momentum fade but continue to add to positions in the meanwhile.
NASDAQ:MAPSLong
by AwesomeAvani
1
WM - Maps To Greener TendiesPrice action has spent months forming a solid bottom and looks to be making the first moves of a breakout. The Chikou span is up crossing price action, which generally precedes a breakout. Senkou span is acting as support, aligned with our first support zone. I would expect the price action to retest and possibly even break down under the first supply zone. However, I do not see the case for price action retesting it's bottom unless new information came to light that would have material effects on the company going forward. This is only a price analysis, and as always, Trade Safe!
NASDAQ:MAPS
by SpektreSignal
WM Technology Inc. - Weed Maps $MAPS Chart AnalysisTAKE A HIT OR LET IT SIT? On the weekly, $MAPS appears to be smoking on the Bobby Brown and following suite via cannabis sector from Feb. '21, but can this ticker start puffing on big clouds to get some investors high on profits? - Soon, soon... As it sits right now, we are completing the 4th wave down. Turning into the 5th, I would expect to see some MACD divergence, but worry not if it doesn't peak through as it might hold off to confuse some investors while on the correction. Like most of the cannabis sector, the 5th wave will be getting ready to finish in Aug. I see $2.65ish as a safe net to start catching most of this fallen volume and likely able to support this weight around $2.10 before trying to correct.
NASDAQ:MAPS
by happytree614