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MMAT

MMAT Meta Materials trying to reverse LONG.stockinvest.us www.nasdaq.com Yes, MMAT's target got raised 100X ( it has been in that neighborhood before) MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high. It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an early breakout. The breakout is a confluence of the apex of the wedge with the first lower VWAP line of an anchor back to the summer of 2023 when price was about $20. Given the 30% move Friday and after-hours to close out the week and the huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry. After the opening bell, I will look at the opening range on a 5-15 minute chart and take my trade counting on increasing momentum sustained into a new trading week and more eyes on MMAT. I like this stock's underdog status and the penny stock volatility that might be harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans and mining equipment made money with the miners. Chips are the new gold and MMAT is part of the supply chain for semi-conductors. It's that simple.
MLong
by AwesomeAvani
MMATNASDAQ:MMAT Has Recently crossed on weekly timeframe I’ve been using for trading. Very bullish. Nearly every time it has crossed it has then run to the monthly (trigger yellow) which gives 1-3 MONTHS OF bullish activity consistently. It has ran its course down and into accumulation past few weeks and officially broken out on my levels. A close under 0.22 can invalidate the whole thing IMO. Running PLENTY of long dated October and jan24 0.50 calls. Looking further possibly. Looking very very strong here.
MLong
by DRR4G3
$MMAT Has Achieved LiftoffIf you've been in $MMAT since at least July of last year like I have, today is a big freakin' deal. $MMAT is currently up 23% after hours on top of a +14% day in normal market hours. No doubt you're aware the dates were set for the spinoff of $MMTLP into Next Bridge, which has set the deadline for shorts to cover. $MMTLP will be delisted by close of market on Monday, December 12th and many shorts will be forced to cover by close of market on the 8th (Thursday). I don't know how this is going to impact $MMAT in the short term, but it's clear we're about to squeeze alongside $MMTLP. So here's the updated chart with some interesting observations: $MMAT ended the day after hours at $2.40, which just happens to be 0.885 Fib extension based on the November move. Meanwhile, we've bounced off a big resistance line around $2.03, which sets the ceiling for the past YEAR!! Staying above this resistance line is a big, big deal. I would expect it to establish a new low and potentially run higher. Finally, today's normal market price action stopped at the bottom of the previous channel. Has it been reestablished? For what it's worth, I have a very ambitious price target of about $20 for a world-ending squeeze. I'll post a larger chart this weekend, assuming I'm not too busy buying a Maserati (lol).
MLong
by fizzleblam
$MMAT Goes to the Moon?Closed at $2.16, a 30% run in a single day Peaked at $2.27 Volume: 67.5 million Hoo, boy, what a wonderful day for MMAT! We're in a short week with a holiday, so I would temper expectations. My guess is they'll have a really difficult time getting us under $2 again, but all of those contracts that will be ITM should help to push us up even more going into next week. The likelihood for a gamma squeeze is really in the January monthly contracts. Go look at the OI. It's juicy. Sustained buying pressure taking us about $4-5 going into January could be devastating.
MLong
by fizzleblam
3
MMAT Sell Off Target we tested our past resistant around the 2$, now we have to hold above the 1$, and consolidate till we have a break for our current resistant around the 1.45$, this resistant will give us the first sign of reversal or another sell off, first by breaking it , which means we confirmed the huge buying pressure from institution above the 1$, and contune to go to test the 2$, the second is if we got rejected at that resistant (1.45$) that's means we going to back around the 1$, and if we broke it we going to go down till the strongest bottom for this year above the 0.50$. NASDAQ:MMAT
MShort
by TRADING-JESUS
2