Datametrex AI Ltd V.DM

Technical analysis

[Aiking]

Does anyone has an idea about the technical patterns of DM?
Your analysis would be well appreciated.

[Aiking]

Any ideas?

[cryptopher]

  Potential bottoming pattern in play! It looks like a double bottom might be setting up. (Looks like a "W" on the charts). If it triggers, it is a reversal. The trigger though is a break and close above $0.105. If it does not, then the stock could keep on ranging until a catalyst https://media.discordapp.net/attachments/705873024858980402/1047171829946646608/unknown.png

[cryptopher]

For some perspective last T/A call Vtoora made was on V.WHY @ .22 For some Covid related contrast & thankfully DM is so much more then a Covid #cashcow play :-) https://pro.ceo.ca/@GlobeNewswire/flurotech-announces-strategic-exit-of-covid-19-pandemic

[Kazam1961]

Best advice I can give... Do your own due diligence. Do not rely on information coming from public stock boards. Even if someone wants to give you an analysis, how do you know that is a reliable source? My take on things as far as this stock is concerned, we likely won't see any significant price movement until sometime into early spring. Ask yourself what would need to happen in order for The

[Iamapothead]

Well said.  Personally I'm not a fan of technical analysis.  It has it's place but more times than not they get it wrong. I hope we see some upward movement before the spring but you may be right.  There are so many global factors at play screwing with the markets and the fact that we are a penny stock with some shady characters involved doesn't help.  I really

[IOOTAIR]

What's your entry and exit strategy without the technicals? I  like to refine my zones via technicals since they give me the signal to dive in

[Kazam1961]

The current share price has probably hit close to the bottom. As an investor you have to decide what your rate of return is going to be. Once you have determined that , wait until it hits your target, sell and be happy with your return. In my opinion this is a long-term thing and when I say that likely another 12 to 16 months before we see anything significant in my opinion… as far as the target

[Iamapothead]

I was hoping we'd see upward movement sooner than that.  I'm still on the fence about how this ends, I just don't trust some of the key players.  Time will answer those questions though.  I'm unsettled about MediCall and EV.  Even AI for that matter is kept hush hush so we don't really know much about the potential other than what we see from FINS.  if

[EthanDTrader]

Nice advice.  Like you i agree that STRONG stock price movement will take time. But still any week DM could spike to 0.125 where there's a resistance zone

[Aiking]

Thank you for all your views on it.