was watching the dpw shtshow earlier today and Saw alot of people commenting "this doesnt make sense" in response to what the chart did So obviously they are on the wrong side of the stock price But now im wondering what is it that doesnt make sense to those people but makes sense to people who are on the right side of the chart. The people losing obviously looked at all the data and concluded that the stock should be going one way but instead it completely reversed on them So spmething makes sense to one group of traders but not the other
What is it though? Is it that pros can spot manipulation in the market earlier? Obviously were not seeing something that profitable traders see...
The people losing money on this stock have no business trading because they have no clue what is going. Look at this chart...from October on it can't clear 2.60. Early November it cracks 2.20 and continues the downtrend. It is below all major moving averages and they are pointing downward. Move on from this POS trade already.
My goodness! DPW still alive after so many months? I am sure there are many happy traders who profited from trading DPW. And they are laughing all the way to the bank.
dpw is my most profitable stock so far... But i do get hustled on it sometimes too I was mostly using it as an example Whatever was happening today made sense to those who know and didnt make sense to those who didnt know im obviously not understanding something here because im one of those "makes no sense" people also what i see They held the bottom for long time. Had a nice triangle forming Then dipped a bit under within days of earnings Ault has been pumping good news after good news about him buying dpw shares and other companies shares as well Then every message board people expecting great earnings And also some big news during earnings and possible merger and his other company IPO soon Then stock just fn drops like a rock So what are we missing here?
Not really I look for bottoms thats all know at the moment I watch alot of youtube videos to see what the traders do They all have their strategy But its all based on aalot of back story that none of them mention. And thats what im trying to learn now before i learn a specific strategy I want to learn the basics and general market behavior basically the understanding and information that separates the " makes no sensers" from " makes sensers"
DPW was challenging on its way to $11, I played some of the most crazy stocks and it was one. The sellers were relentless, like RWLK. The Bulls bragged it to $2.74 and someone started selling block after block. I dumped because that kind of selling usually equals a shelf-offering. Of course after millions of shares above $2.5 it tanks from $2.7 to $1.90 only to release news the shorts get to cover at $1.50. DPW does not have the sponsorship it had in 2020.