Couldn't find a thread for this so here we go!
DNA Market Cap: $48M
Shares On Issue: 1.23B
Top 20 Holding: 89.23% or 1,102,286,380 shares
Shares Outstanding: 129,739,106 or 10.77%
Cash Equivalents: $6,316,530
Revenue: $10.31M
Debt: $6M
IF THESIS HOLDS: Price Target 6.5c - 8.2c Zones especially as 150/200 EMA's reclaim as per patterns below
Sentiment: Buy & Hold
Capital Raise was 3.5c back in June I suspect once prices reclaim and hold above 4.2c we could see potential upside all the way reaching back to the highs. Technically speaking we have a higher low from last year at these levels and a potential double bottom formation. Notice the chart below has highlighted levels displaying the technical thesis.
More volume is here now than it has ever been. 150 - 200 EMA reclaim last year sent the stock rocketing toward 9.2c from the 3c lows. Not saying it'll happen again but worth keeping on the radars for it.Attached below is also a Weekly analysis of the chart. I added this to show the levels I have been watching since 2018. None of the lines have been changed for my own personal perusal so I like to keep them The weekly also shows the potential double bottom formation with a multi week/month setup taking place.
News catalysts could be the trigger for such upsides.
Oh and some may think "why/HOW did DNA get back on your radar? Well attached is a photo below of one of my favourite things to do.....stalk Insto/Whale Prints!
Dated 29th September 2021 After Hour transaction of 15M shares at 3.4c = $510,000 adding further weight to this potential double bottom! I wanted to enter at like 3.6c for a scalp and flip at 4c BUT I missed it! Been watching it ever since!! Notice the 6c seller?
That same 6c seller is still lined up and again at 6.5c probably means nothing.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 93361 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 202586 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 93361 | 0.030 |
2 | 170515 | 0.029 |
3 | 214320 | 0.028 |
2 | 137072 | 0.027 |
1 | 134000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 29440 | 1 |
0.034 | 300000 | 1 |
0.035 | 83823 | 2 |
0.036 | 14000 | 1 |
0.037 | 236668 | 2 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
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