alexp
Short

PA bear setup in DDD

BATS:DDD   3D SYSTEMS CORPORATION
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
good trade
Reply
Agreed.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out