From March 16th 2020.
Serves as a little reminder that we overestimate what we can do in a couple months but hugely underestimate what we can achieve in a year...
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@RealHeel80 I know you’re on an hourly chart , but I’m looking for an entry into $DMTK as well and noticed it bounced off the 50 MA today. If that holds till the end of the day , it may be a low risk buy point...
From March 16th 2020.
Serves as a little reminder that we overestimate what we can do in a couple months but hugely underestimate what we can achieve in a year...
@JTrader69964546 @1charts6 Interesting point; didn’t realize short sellers would be capable of doing that. I get market cap isn’t too big at $50bn so it’s not too hard to control price but current short interest is <5%. Definitely agree about the long term growth prospects though!
@1charts6: I'm really intrigued by your 'wedge pop' setup and I've been looking for them throughout this correction.
Kind of seeing something similar with $PLTR. Wondering if I'm reading it correctly... Would love to get your thoughts on it!
@monsterstocks1 Very fair point. And agreed, that is definitely reflecting in the charts of $GM and $F for sure. Also thanks for the reply, John; always learn something from your posts!!