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jUiCE_Trades
Feb 7, 2021 10:45 PM

DM 3D Printing Stock Long

Desktop Metal, Inc.NYSE

Description

Desktop Metal is 3d printing company that is backed by Virgin Galactic CEO (Chamath), as he mentioned It is an important company that is fighting climate change. Great Long Term potential and good add for Shares here. Options I would wait to play the the sub wave 5 of wave 3 up as it looks like its going for a continuation to $33 to complete that sub wave 3 of 3.
Comments
LisadelGiocondo
You made my day with your analysis of DM as I have been accumulating shares, but with no idea where it could go. Some of the other 3D printing stocks are just taking off such as XONE and PRLB, so I hope that it's just a matter of time for DM to follow suit. Thank you!
jUiCE_Trades
@LisadelGiocondo, Thank you and I'm glad I could make your day! Great add to your long term portfolio. I also have shares as I am a big supporter of Chamath and the companies he backs, I can see it taking off again, the stock price was up 60% in a month alone so its only right it cools down before we see another nice rally to new ATH.
tradeandrave
@jUiCE_Trades, Hoping for the same. That ATH was wonderfully refreshing.
jUiCE_Trades
@tradeandrave indeed rn not looking good short term as market is choppy due to uncertainties but I’m watching for a reversal and I believe er is today so that should be interesting
moonberries
Virgin Galatic CEO is not Chamath, he lead the SPAC for SPCE and DM.
jUiCE_Trades
@its2juicy misinformation on my part thanks, meant virgin galactic chairman
mueller2018
lots of options buying @ $40 strike short term
jUiCE_Trades
@mueller2018, I noticed that checking flow I actually took that 40C 2/19 as it settled eod, great catch
Paul-adam
Good analysis.
rb675
I like that. Thanks
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