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 with AI 3D manufacturing will be the future of industrial production.
Defetinaly a buy and hold for me, will accumulate as much as possible if it will form an accumulation range between 1 to 2.6 $
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 with AI 3D manufacturing will be the future of industrial production.
Defetinaly a buy and hold for me, will accumulate as much as possible if it will form an accumulation range between 1 to 2.6 $