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hitchcoxg
Aug 25, 2023 6:05 PM

DDD Risky Long

3D Systems CorporationNYSE

Description

Studying the chart the trend is still down.
Possible support at $5.
I will go long now. But only a 1% of Capital Investment.
Obviously these risk / rewards can go both directions, however if correctly timed - the gains % are great.
So I am taking this trade long as its way oversold right now.
I am willing to give the trade 6 months for a turnaround possibility.

Comment

Trend is still to the down side. No reversal seen yet!

Comment

Trend Reversal seen from Earnings Date.
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