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lonercapitalist
Dec 19, 2020 2:00 AM

Back to the 10 dollar range Short

Desktop Metal, Inc.NYSE

Description

A 5-wave structure as a wave A points to much more downside. We seem to be consolidating in a descending triangle before this move occurs. This will be a large zig-zag formation with 5 waves down for a wave C. Wait for wave C to finish before entering into a long position.

Comment

Too early to call a 10 dollar range for now. DM is moving in an impulse wave up first then we will re-evaluate
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