spotted a flag pattern that tried to break out and looking to retest that break out. Although the macd, rsi, and volume are looking a little bearish, its my opinion that volume will pick up in time for the break out to reach 30+.
As I mentioned two weeks ago this would be seeing the 20s. We are clearly in a down channel. Will this week (s) see 11/12s or has the floor for atleast now been found. Well with the index’s at the top of a bubble I think there is potential to bring this down more. Well see. Currently I am out of this one waiting to see. From a RSI perspective on a daily time...
And I’ll pick some up for a quick little something before it then comes lower
A head and shoulders pattern should send the stock back down to $21 at support
It was a very quite stock with no moves or volumes and only during the last year it went beyond all the imagine limits. If you look at the price now, you can find the huge downside move and trying of those who made it shy to sell it.
In my point of view, as long as stock price remains above 41.40, Long. Target 1 and 2 marked in the chart. OBV and MA30 so far looks ok. Attention to resistance 52 (Gap), breaking 41 after resisting 52 can be very bearish (SHS). So be careful. Not recommended to buy or sell DNMR Stocks.
go long from the bottom in this chart
way overdone for this spac....short at 40
Danimer has developed plastics that are essentially fully biodegradable. The catalyst for this trade is the overwhelming push for companies and individuals to be environmentally conscious of the impact they have. This combined with Millenials and Gen-Z investors mainly invest in what they believe in; such as being friendly to the environment. This is by no means...
Danimer target is to rid the world once and for all of the non-biodegradable plastics used across the food and beverage space that continue to clog up landfills and oceans. Danimer has inked partnerships with the likes of PepsiCo (PEP), Nestle, and Bacardi to introduce its more sustainable plastics into their respective packaging. Danimer began trading on the New...