Company Report
Last edited 8 months ago
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#Financials
stale
Added 9 months ago

Nice news today as @mikebrisy pointed out. Of course there will be a jump as news like this comes in however I cant stress enough "patience is key". I'm seeing a lot of movement in the market from beaten up stocks as they pre-empting results. Of cousre you could play these as that what the market is, "market sentiment". In technical analysis there are set regions price should target. However if these arent alway met if the market is very bullish or bearish at the time. Right now Im feeling the market has been so uncertain and negative that if a direction is seen by the wider community then there thirst for good news causes them to jump in. FOMO. I dont worry about FOMO as there are always opportunities to be had. It was a nice push up today on DTC however Im still waiting for my targets. Ill update the chart for you all when I see opportunities. Anotherwords, todays move is not a high probability opportunity for myself.

#Technical Analysis
stale
Added 10 months ago

Damstra was also one I talked about 5 days ago. It has moved up nicely too completing its larger degree wave 1 up now looking for the bottom of wave 2 down before starting the strongest wave 3 of 5 up. This is the wave that I usually like to work on as its the longest wave and the strongest. (dont forget things can break though)

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#Bull Case
stale
Added 10 months ago

Good on the management @ Damstra. This could be a great turn around storey for this company. I still hold my position which is 90% down (oh well). I believed they have a good product just poorly rum (couple drinks last night) on the expense side. They have leaned the costs right back to cash flow pos and today just expanded 2 x contracts considerably. I will be playing this one on the way back up. Im a technical chart analyst so I will let you all know when Im jumping in and out as I go. (do as you please, im not your mum :) ).