DM (Desktop Metal Inc.) offers an objective long entry here following the recent 60-minute downtrend line breakout & backtest + divergent low. The current price targets* are T1 at 9.66, T2 at 9.97, T3 at 10.26, & T4 at 11.61 with a suggested stop based on a 3:1 or better R/R based on one’s preferred price target(s). 60-minute & daily charts below.
DM 60m July 26th
DM daily July 26th
*The price targets listed on the 60-minute chart are ‘unadjusted’ price targets, meaning they are the actual resistance levels where a reaction is likely. As such, best to set your sell limit order(s) slightly below the resistance level(s) you are targeting, about 2-3 cents in this case.