DATS Trade on Jan 20, 2022 08:02 from BanalityOfEvil: Tradervue User Stock Trades.

DATS – BREAKING NEWS PREMARKET SCALP CORE BUILDER FOR OPENING DRIVE – 5.94

@ 7AM NEWS BREAKS - DATCHAT ENTERS INTO LETTER OF INTENT TO ACQUIRE AVILA SECURITY CORPORATION AND THEIR WEB 3.0 PATENT PORTFOLIO OF BLOCKCHAIN MESSAGING, BLOCKCHAIN DIGITAL RIGHTS MANAGEMENT, SECURE AUDIO AND VIDEO STREAMING & SELF-SOVEREIGN ID TECHNOLOGY

THIS ALSO HAD NEWS LAST WEEK SO I CONSIDERED THIS STOCK IN PLAY

• RVOL was way up around 100x, 8M share float, good headline today with news last week as well, and massive 20R r/r potential (unrealistic since ATR is only .40ct, but certainly offered 10R potential if gets over $4 -I knew that this was the best stock to trade long this morning

@8AM started scaling into 1000 shares on 1st pullback consolidation flagging under 3.50 Price AVG 3.35

@8:15 price continued higher with volume expansion, sold ½ into strength at 3.50

@8:17 added back up to 750 shares

@8:18 tape is heavy with topping tail forming and volume contracting, trying to protect weekly gains, I sell 1/3rd, still looking for stock to move closer to 4 where I will sell another 1/3 and hold remaining 1/3 for move over 4 until r2s

@8:57 sold 500 to go flat after price had pulled back under VWAP and consolidated in a channel from 3.50-3.40

• Gave back all profits on this, did not respect daily goal to take profits quickly, but it has been a steady week, so I figured I would try to let this one work since it held its status as 2nd market leader through premarket. Should have sold more when it was on the table, leaving a smaller runner.

• Price continued lower, re-entered channel before open, sold lower on the open before reclaiming HOD, price action is very choppy with heavy algo presence, but may reach $4 today.

• Keep DATS on watch for next week, there could be massive upside above the $4 level