Throwing this up since people on tradefloor like to get muted and press thots buttons but DATS is a former PnD by Zachy Poo. I don’t know anything about it other then it was pumped before. Discuss it here if u people want to play it or whatever.
I took a quick look at this, and I would say it is a pump. I do not have any position whatsoever. I will not be playing this - if anyone does, I advise caution
My reasoning is below -
Not sure about NFT it sounds pretty sketchy to me, also FB announced Metaverse feature but it didn’t really help the stock. I would agree it looks like a liget p&d. Up 81% atm, thinking about playing puts if it breaks under 2.75 support line.
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Volume going down, 2.75 support broke, bounced back on 2.7 which became a new support level. Resistance is at 2.88. Breaking under 2.7 would be a good short entry. Breaking above 2.9 may run until 3. Then 3.15. In this area between 2.7 and 2.9 it can go either way. Not a good entry point. Stay away.