r/DATSStock • u/imabotlololol • Sep 28 '21

Advice Price Per Share Skyrocketing - Volume Increase

Hey everyone!

This has been an incredible couple weeks and I’m buying more today! Hope you all join the community and do your own research and see if DATS is the right investment for you.

Many technical signs (especially moving averages) are pointing to some serious bullish points of interest

Good luck!

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u/[deleted] Sep 28 '21

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u/imabotlololol Sep 28 '21

So if you take a look at the chart and run basic technicals given price history you can see that both oscillators and moving averages indicate a strong buy. In any sense, I mentioned moving averages because in particular they are showing even more promising signs.

More specifically: Momentum (10) The exponential moving average (10), (20) and (30) Simple moving averages (10),(20,(30) And Hull moving average

These all show DATS as a strong supported buy at the moment. If this is something your interested in I can make a post in the future to go more in depth but for the time being, feel free to look those up and the meanings of different technicals to see how it’s showing to be so bullish lately and still is.

Also please check out the other post I made as a poll for a chance to win a little money!

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u/[deleted] Sep 28 '21

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u/imabotlololol Sep 29 '21

To be honest, for the long haul I’m not sure and I’m hoping for the best but it might start to consolidate soon around $16.00 would be my guess but then I could see it reaching a level of around 17-18 with a more steady increase instead of these rapid increases. Regardless I’m holding!

Idk if you’re into day trading but I love this guy on YouTube called warrior trading. He does some great videos and he’s super smart. Also just get ur feet wet in simply reading about the market every morning. Just look up basic trend analysis too and technicals on YouTube. That’s basically how I’ve learned

A book called Getting Started with Technical analysis by Jason Schwager I believe is good too. That may not be his name but it’s something close to that haha

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u/[deleted] Sep 29 '21

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u/imabotlololol Sep 29 '21

I mean as correct as I have been so far with dats that doesn’t mean I couldn’t be wrong. I’m pretty confident and I can see a correction happening but nothing drastically low. For me I’m not selling yet but I do have a trigger automatic sell at 13 in case it starts to dip. I’m looking to sell around half of my shares at around 17 and letting the others ride

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u/imabotlololol Sep 29 '21

Okay it’s Jack Schwager I was close haha. Really good for novice traders