Post by
tankumo on Feb 02, 2022 12:01am
Technial analysis short video
For those interested in technical, this is a good short video.
I said before we must look at price/volume action, this video is analysing Nasdaq but it applies to individual stocks as well.
The trading volume for recent rebound is not healthy, the rebound is a dead cat bounce, the market is going to head lower again.
JMHO.
https://twitter.com/WyckoffAnalysis/status/1488622843197902851
Comment by
MaterialWorld on Feb 02, 2022 7:43am
Wow. I was just looking over on Investing.com which has for some time had Dm as a Strong Buy, Tech and Consensus, has rapidly changed and is now showing Strong Sell across the board. Go figure. Maybe that wall is telling us something.............MW
Comment by
MaterialWorld on Feb 02, 2022 8:18am
How stup!d can Invest.com be. DM has Millions of Dollars in Cash, No debt and Millions of Dollars of military and Governmental contracts around the world and they strongly advise shareholders to sell. Great game plan Investing.com LOL......................MW
Comment by
Thecook100 on Feb 02, 2022 9:30am
TA is Investing.com cliche...not fundamental analysis. If you read charts and moving averages then yes DM is a strong sell. I hope things change on the TA soon and we climb above .20 cents again...then it will turn to a strong buy across the board :) GL all. Been a tough start to 2022