we tested our past resistant around the 2$, now we have to hold above the 1$, and consolidate till we have a break for our current resistant around the 1.45$, this resistant will give us the first sign of reversal or another sell off, first by breaking it , which means we confirmed the huge buying pressure from institution above the 1$, and contune to go to test...
Meta Materials Inc. (MMAT) is close to its 52 week low, ranging: $1.38 - $21.76.
What i see in the chart is an easy 80% upside potential support and resistance play.
Looking forward to read your opinion about it.
if we didn't over come our resistant at 1.76$, we will see a bearish momentum till 1.10.
note that around the 1$ mark will see volitality and the price might spike down around 0.85$, however we should have a candle wike forming to confirm, that the price been bought by the insider's.
Hey Fam.. Good morning here is an idea I am doing.. The Oarnge/brownish lines represent monthly closing candles.. Which have become support/buy zones for me to use. Please feel free to comment and follow for more ideas, also hit the like button if you like my idea..And if you are you looking for a specific idea I can always draw one up for you.. Thanks for...
RSI is a great indicator of oversold and overbought levels. An RSI under 30 (oversold) + RSI divergence shows signs of reversal incoming. Furthermore, MACD is about to cross to the upside. MMAT looks primed for a start of a bullish run.
Not a financial advisor.
Metamaterials is soon to be an industry giant. After acquiring TRCH energy months back shareholders are finally starting to see the preferred shareholder dividends. I'm one of them.
Rumors have been swirling around that after this deal was complete that they might be looking to partner up with TESLA!
I do see current events leading to...
MMAT has been on the list of short squeeze stocks recently. SPRT 's big move along with BBIG 's big pop helped spotlight some stocks with higher short interest. For this retracement, we didn't do much more than extend out the same fib retracement we plotted in July, which still appears to show relevancy. What's more, is MMAT has a few other things to keep in...
The 2021-8-20 expiration date for $6 Call options have one of the most implied volatility in the market.
The stock is sitting now at a strong support level from which it might bounce exactly to the 6usd resistance.
The intraday volume is strong 20Mil on average.
i`m looking forward to read your opinion about it.
Not much happening with major Fib levels for MMAT however, that 200DMA seems to be acting as a potential level of support after falling below the 786 fib line. Meanwhile, there seems to be a level of resistance around $5 that has been the case several times over the last few months. The big question now is will the 200 hold this week?
Also have the SC13 G from...