A SPAC play with roots to Trump exploded out of nowhere on the scene and ratcheted a 800%+ return within 5 days.
Halted multiple times. Started the week at 9 bucks apiece and ended at $94; at one point trading as high as 175.
While we don’t claim to know what happened, we did give $36 as an orderflow pivot before it’s move up to 175 (DWAC Twitter )
And we don’t claim to know what will happen in near future either but orderflow left some subtle clues on tape. And that means one thing is for sure: $DWAC volatility is not over yet.
I am watching for a range to form between $43-$69 on lower end AND upper end capped at $106 before the SPAC decides its next move. If this plays out this week, I will share with subscribers what I saw on the tape that provided me with these levels . Stay tuned for more !
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Love this format
Twitter for summary, substack for dissertation. Thank you sir.