Digital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the
earnings go, there were none. The news is DGLY is burning cash less than expected. No matter
how you cut it shareholder value is not there and still the price went up since then especially
in the last few trading sessions. DGLY could dilute shareholders to raise...
IDEADigital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial...
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
DGLY Under $2 per share and making a profit. PE ratio at 2.66 and it has just retraced to support and is now breaking out. This stock will move to at least $7 per share.
After the exhaustion gap down, the average buyer is currently at where the stock is trading. If there's a lift, then we can see a nice push into the avwap from the Jan 2021, the vpoc from the Jun 2020 parabolic run
This is a trashy stock so make sure you know what you're risking.
Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally.
I like this company. It can have scam wicks going higher than my targets, but this is a very low risk set up right now. Set the stop loss @ $1.73-$1.70. It's pretty over sold, bottom of channel. All news has been good, like most things last week suffered. It's probably a quick 50% bump.
MID-TERM: 4hr classic bullish divergence and Daily hidden bullish divergence, creating a lot of higher lows moving up to a sell wall, showing accumulation. (Not financial advice)
Hi guys,
I haven't posted anything in a while. This is the latest stock I am watching. I personally do not know any of the fundamentals about this company. I am purely looking at this chart, and it is looking very nice. It is holding above the 200 SMMA, and bouncing quite nicely off this trend line on the daily chart. A perfect entry would be around $2.35 -...
