DVLT falling wedge, TP $1+DVLT a relatively new ticker is already drawing a lot of attention. Up 13% today after hitting new all time low yesterday, sure to catch a lot of eyes from retail investors. With recent news releases such as a licensing agreement with IBM, a lawsuit against naked short selling, and US patent allowances, target prices have been announced ranging from $3 to $11/share.
Disclaimer, this ticker is PRONE TO HEAVY DILUTION, however in order to remain listed on NASDAQ the SP will have to hit $1 and remain there. This being the case, the company must have something in the books to break upward out of this falling wedge and give shareholders a reason to stay with the company long term.
I'm just a cat not a financial advisor.
