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Short

$DDD: Channel Rejection Idea

BATS:DDD   3-D SYS CORP DEL
1550 9 3
Keep my eye on this one. Looking for a rejection around $37. If it fails to make new highs next week, this looks like a solid short opportunity. The daily is highly overbought but the hourly is fairly oversold. Ideally, I'd like the hourly to catch up and get overbought creating strong confirmation on multiple time frames.
Good call. Took this trade Monday morning. Went short at 35.55. Holding till the 15 minute stochastics moves over 20 line. So far so good. THX!
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Glad you made some money today.
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keep your eye on the 20MA here. Could get some temporary consolidation. Move stop and look for $31 as next target.
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First Target hit
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http://infinitemargin.com/dddshortidea
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submit this to bullseye as well
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