alexp
Short

PA bear setup in DDD

BATS:DDD   3-D SYS CORP DEL
238 3 1
DDD             is demonstrating a strong bear trend since end of August.

Currently, it's in A2 bear set up (two legged move to EMA in a bear trend) with a good-looking reversal bar (although it's bullish , but still a valid set up as it was a second failed attempt to break above 20 EMA ).

Stops will be around 40.45 area (MA), first target - 36.5

In case if set up triggers below 38.70 - should work all the way down to 34.00 where where we had a strong support line and where we have a lot of bull stops.

Fundamentally, it looks like DDD             has been a bit overbought with all this 3D printing hype and extreme volatility of the DDD             stock itself.
First target has been achieved
Reply
admin alexp
good trade
Reply
Agreed.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out