I am considering a decline in this stock with the opening of the US session as there is no major news behind its rise. Perf Week -23.31% Perf Month -40.32% Perf Quarter -52.02% Perf Half Y -77.87% Perf Year -97.75% Perf YTD -91.92%
Divergence on RSI and formation of Head and shoulder on daily TM. This can be a very good trade.
Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. The company offers denims; and men's suiting. It also designs, manufactures, and sells women's apparel, such as dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers; and sweaters, skirts, shorts, athleisure bottoms, and other accessory products. In...
Digital Brands Group, Inc. (NASDAQ: DBGI) provides premium apparel on a direct-to-consumer and wholesale basis through its various brands. While DBGI stock dropped by more than 79% after announcing a public offering, many investors are confident this could be a dip buy opportunity. With this in mind, DBGI stock could be poised for a rebound soon as the company is...
BReakout and accumulation setup w price ranges. Spidey Senses for the breakout
Please see chart for entry details. Exit would be at 0.382-0.618 retracement of the distance from A-D in pattern, that's if this doesn't squeeze hard like many new tickers have been.
We appear to be on the 4th E-wave still since the EWO has not crossed the zero line. The magic fib level, assuming end of the 4th wave would indicate a short reversal, heading up as the 5th E-wave. I welcome any critiquing, whether in agreement or not. Trade on with gusto!