DMY Squared's 15min Chart Shows Bearish Trend With KDJ Death Cross
ByAinvest
Monday, Sep 29, 2025 2:02 pm ET1min read
DMYY--
The KDJ Death Cross, a reversal pattern in the KDJ (K Moving Average, D Moving Average, J Stochastic) indicator, indicates a bearish trend. The Bearish Marubozu, characterized by a single candle with no wicks, further reinforces the downtrend. These signals are crucial for investors to assess the stock's potential direction.
dMY Squared has also extended its deadline for consummating its initial business combination with Horizon Quantum Computing Pte Ltd. (Horizon Quantum) [1]. The company's amended and restated articles of organization allow for up to 23 monthly extensions, each requiring a deposit of $50,000 into the Company's trust account. This extension provides additional time to complete the business combination, which is set to expire on March 29, 2026.
Despite the extension, investors should be cautious. The business combination with Horizon Quantum is subject to various risks and uncertainties, including the potential termination of the agreement, legal proceedings, and the inability to obtain shareholder approval. Additionally, the cash position of Horizon Quantum following the closing of the business combination, the ability to maintain the listing of Holdco's securities on a stock exchange, and the risk of disruption to Horizon Quantum's operations are among the factors that could impact the success of the transaction.
Investors and security holders are advised to review the registration statement, including the preliminary proxy statement/prospectus, for more detailed information about the business combination and other matters to be voted upon at a special meeting of dMY Squared's shareholders.
Based on the 15-minute chart of dMY Squared, a bearish trend has emerged as the KDJ Death Cross and Bearish Marubozu were triggered on September 29, 2022 at 14:00. This indicates that the momentum of the stock price is shifting towards the downside, with a potential for further decreases in the near future. Sellers are currently in control of the market, and there is a likelihood that this bearish momentum will continue.
On September 29, 2025, at 14:00, the 15-minute chart of dMY Squared Technology Group, Inc. (NYSE American: DMYY, DMYY.U, DMYY.WS) triggered a KDJ Death Cross and a Bearish Marubozu, signaling a significant shift in the stock's momentum towards the downside [1]. This technical indicator suggests that sellers are currently in control of the market, and a potential for further decreases in the near future is likely.The KDJ Death Cross, a reversal pattern in the KDJ (K Moving Average, D Moving Average, J Stochastic) indicator, indicates a bearish trend. The Bearish Marubozu, characterized by a single candle with no wicks, further reinforces the downtrend. These signals are crucial for investors to assess the stock's potential direction.
dMY Squared has also extended its deadline for consummating its initial business combination with Horizon Quantum Computing Pte Ltd. (Horizon Quantum) [1]. The company's amended and restated articles of organization allow for up to 23 monthly extensions, each requiring a deposit of $50,000 into the Company's trust account. This extension provides additional time to complete the business combination, which is set to expire on March 29, 2026.
Despite the extension, investors should be cautious. The business combination with Horizon Quantum is subject to various risks and uncertainties, including the potential termination of the agreement, legal proceedings, and the inability to obtain shareholder approval. Additionally, the cash position of Horizon Quantum following the closing of the business combination, the ability to maintain the listing of Holdco's securities on a stock exchange, and the risk of disruption to Horizon Quantum's operations are among the factors that could impact the success of the transaction.
Investors and security holders are advised to review the registration statement, including the preliminary proxy statement/prospectus, for more detailed information about the business combination and other matters to be voted upon at a special meeting of dMY Squared's shareholders.
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