This Is Not Investment Advice
Let’s first take a look at the Industry Group that holds DVLT and see how it is doing:
The Group has been grinding higher and is currently 22nd out of about 190 total groups so this is obviously bullish.
For context - the company currently has a market cap of about $600M and has been backing a forecast for revenue of $50M for 2026. It trades at about 12 times forward sales (projections) right now.
Let’s look at a stretched out Daily Chart to see if Volume is building up and sustaining:
Let’s see what IBD has to say:
DVLT Weekly
DVLT Daily
Thoughts and observations:
Market is telling me to hold what I have and to monitor closely so I shall certainly do that . . . . . depending on how things evolve I could add . . . . .
Investors have to decide on their own if/when and how
It so far has been front-running the 21 EMA touches . . . . . there will be times when it is a lot less friendly than this
To be completely blunt I’m not sure the market knows what to make of this just yet . . . . . and I totally confess I’m not sure I entirely understand their model and what they precisely do . . . . but the market sees something that just got $150M in liquidity . . . . getting $5M in “help” from IBM . . . . has some new customers . . . . and the chart currently looks quite appealing . . . . . . and the business is managing/optimizing/monetizing AI data to include sound/acoustic data which might be the real breakthrough here . . . . . so?
Right here and right now . . . . and this will change . . . . Acc/Dis and Up/Down Volume and RS are extremely strong . . . .
Monitoring and watching wanted to see the explosion in Volume be sustained and this past week was a strong signal indicating that may very well be the case . . . .
