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lonercapitalist
Dec 24, 2020 6:13 PM

DM in ending diagonal -- 18.32 first, then 25.5 Long

Desktop Metal, Inc.NYSE

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I was incorrect in my previous analysis of DM as I was too early in calling 10 dollars. It may still drop to that region but it will go up more first. It seems as if an ending diagonal is forming. Based on fibonacci extensions, I believe there will be a reversal at 18.32 for a wave 4 then an upward swing to 25.5 for the final wave 5 of the diagonal.
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