It took a while but KEY filled a major gap and looks very bullish and has support at the $30.38 mark. However, with a dividend payout looming a sell off will probably occur. I believe the shareholder of record date is May 25th, you might want to take profit after this date because a sell off will usually come with this.
After a brutal downtrend due to major dilution DMGI is showing signs of a trend reversal finally. The fact of the matter is DMGI had to raise a lot of money causing dilution of the stock which sent it spiraling that coupled with crypto weakness made a perfect storm. MACD is signaling that the bottom may be in.
After a period of price compression, DMGI could be getting ready for a breakout. MACD is starting to reverse to the upside and with a bit of a bump in volume DMGI could break toward the resistance level of $3.40.
TCL.A seems to be holding on the 20 SMA for support, but don't be surprised if that breaks down as MACD shows the trend has reversed to the downside. Profit taking time until the trend reverses, not surprising post dividend.
KEY post dividend dump. It's almost like clockwork, after the dividend there is a sell off. The trend has turned to the downside, not a bad idea to take profit until the trend reverses again especially with KEY having a big gap to contend with before it moves higher.
After a breakout an a nice move to the upside the bulls and bears are battling at the top. Looks to move sideways for a bit until one wins out.
Ultimately I think the bears win out for a short period as the breakout was due to a news article. Price should eventually challenge to fill the gap created at the .22 mark. This all of course without added company news....
TCL.A showing strength breaking through resistance level and challenging the next. Upward momentum is looking pretty strong so it needs to take out this resistance level and close above to challenge the next. Just trying to knock them down one at a time.
DMGI after a big breakout and a big sell off it seems to be stablizing. I know a lot of people were hoping to see $4 again this week and I just don't see it happening. Downward pressure remains and price compression is needed for another breakout to happen.