meitshel

DTSS - Acoustics Intelligence & 5G-AI Communication Company

Long
meitshel Updated   
NASDAQ:DTSS   Datasea Inc.
Datasea Inc is a development stage company engaged in Internet security products. Its offers service and products such as Internet Security Equipment, New Media Advertising Service, Micro Marketing Service, Internet Service Provider (ISP) Connecting Service, Big Data Processing Service. The business activity of the group functions through China.




Ultra Low Float Alert: 1.437M Shares - Exercise caution as this could lead to a highly volatile situation, potentially even a pump and dump (P&D) scenario. High volatility can result in rapid price movements.

Recent Positive Developments: The company has announced favorable news recently, which could influence its stock performance. Despite this, it's important to recognize that this investment is speculative and carries a higher level of risk.

Market Sentiment Requirement: Success in this play is contingent upon maintaining a bullish market sentiment overall. Should the market undergo a correction, the effectiveness of this strategy may be compromised.

Key Technical Levels:

Major Resistance at $10.00: This is a crucial level that the stock needs to break through to enable further upward momentum.
Secondary Resistance at $15.00: Surpassing this level could signal additional gains.

Risk Management:


Stop Loss (SL) Strategy: Set a stop loss below $6.00 to minimize potential losses.

Take Profit (TP) Targets: Consider taking profits at approximate levels of $13.00, $20.00, and $30.00, based on your risk tolerance and market conditions.

Additional Notes: Most of the pertinent information can be found on the provided chart. It's essential to analyze the chart carefully to make informed trading decisions.

Trading Strategy: Given the speculative nature of this play and the critical dependence on market sentiment, it is vital to trade with caution. Be prepared for both the opportunity of rapid gains and the risk of significant losses.
Comment:
New Agreements Signed for Diverse Business Opportunities Plus Expansion into Indonesia with 30-50 New Amusement Parks: Nasdaq: GDHG
Comment:
Datasea Announces Intent of its CEO to Purchase Up $3,000,000 of its Common Stock in Open Market Purchases

Datasea Enters Into A Sales Agreement With Shenzhen Xiaoranfang Marketing Co., Ltd. For The Sale Of Up To ~$8.45M Of The Company's Acoustic High Tech Products
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