From a technical standpoint, $DM is looking very attractive at these levels.
I outlined the areas where I've added to my position, at the established support range of $15.50 - $16. If we can break out of the apparent wedge, a gap up to the $20 - $22 range is very possible.
Desktop Metal Inc. is a very interesting and exciting company. Read this portion of an article by BusinessWire.com:
"Desktop Metal is now the only publicly traded pure-play Additive Manufacturing 2.0 company, offering the fastest metal 3D printing technology in the market, up to 100 times the speed of legacy technologies. The additive manufacturing industry is estimated to grow from $12 billion to $146 billion this decade as it shifts from prototyping to mass production."
www.businesswire.com...e/20201210005148/en/
These are my own thoughts and opinions, please do not take posts as financial advice.
I outlined the areas where I've added to my position, at the established support range of $15.50 - $16. If we can break out of the apparent wedge, a gap up to the $20 - $22 range is very possible.
Desktop Metal Inc. is a very interesting and exciting company. Read this portion of an article by BusinessWire.com:
"Desktop Metal is now the only publicly traded pure-play Additive Manufacturing 2.0 company, offering the fastest metal 3D printing technology in the market, up to 100 times the speed of legacy technologies. The additive manufacturing industry is estimated to grow from $12 billion to $146 billion this decade as it shifts from prototyping to mass production."
www.businesswire.com...e/20201210005148/en/
These are my own thoughts and opinions, please do not take posts as financial advice.