I think this thing has room to run. It's had its $h!t pushed in. It's broken it's down trend. It's down massively. Good risk reward if it doesn't go bankrupt.
Desktop Metal, Inc. engages in the manufacture of additive manufacturing solutions accessible to engineering, design, and manufacturing applications. It operates through the following geographical segments: Americas, Europe Middle East, and Africa, and Asia Pacific. The firm offers 3D printing machines. It was founded by Ric Fulop, Emanuel Sachs, Rick Chin, A....
Investing in beaten-down stocks can be a tempting prospect, as these stocks often come with the allure of potentially high returns at a discounted price. However, it's essential to be aware of the risks associated with such investments. Beaten-down stocks typically belong to companies facing significant challenges, whether it's poor financial performance,...
Desktop Metal, a 3d Machine and parts manufacturer broke out of its multi-month diagonal trendline that acted as a resistance. Break out with very important volume and perfect retest so far.
One could also see the breakout from a big falling wedge.
The last earnings were better than analysts expected and I think the company has very good technology, integrated...
“I would not be a Moses to lead you into the Promised Land, because if I could lead you into it, someone else could lead you out of it.”
“A privately owned world can never be a free world and a society based upon warring classes cannot stand.”
Desktop Metal, Inc. engages in the manufacture of additive manufacturing solutions accessible to engineering, design,...
With incredible QOQ results (68% improvement QOQ), the recent acquisition of ExOne (which is the main reason for stock's decline due to dispute in stock compensation of ExOne's shareholders) and now Aidro, which has been 3D printing hydraulic-related parts, the fundamentals of this growth stock look pretty strong, while the share price is near its all-time low. ...
trend reversal might be possible with the known Reverse head and shoulders. Of course, we need to break above the previous high first for better chances.
Take all the money you have and long it if this happens.
Take care!
With the infrastructure bill getting signed and earnings as a catalyst I think this stock will take off. Consensus EPS of -.08 while earnings whispers of -.10. I think it comes in above both resulting in a big surprise and a jump in the stock.
Pennant formation combined with what looks like a coiled RSI.
in 12/17 $10 calls.
Technical Thesis:
-double bottom
-20 day MA on the verge of a steep cross up through the 50 day MA
-average volume is trending upwards
-it broke out with significant volume
Fundamental Thesis:
-YoY Profit margins are trending upward
-from 2018 to 2020 their debt to assets has fallen significantly
-on the Macro side, with the ability of large-scale production and...
Might be worth watching. After a long slump and a short pump, DM appears to be setting up for a reversal. Question is, why was there so much buying volume recently? Hedge funds loading up or short sellers covering? Positive news? These are things to think about/research before making any move.
Otherwise, looking for a price reset somewhere near the middle of the...
