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Jun 29, 2019 2:28 PM

3D SYSTEMS GEARING UP FOR BULLISH GAP FILL Long

3D Systems CorporationNYSE

Description

What was meant to be the next great investment has been nothing but, after a parabolic move up it has fallen like a stone for years. The process is fantastic but industry has been slow to adopt it, but that has started to change and new providers of 3d printing are once again attracting the attention of investors. Three-dimensional printing unicorn Carbon, a frequently mentioned IPO candidate, on Tuesday announced a new funding round of over $260 million, hiking its overall total to $680 million and giving it a valuation of $2.4 billion.
This news has given the entire sector fresh impetus and a relief rally is underway, alerts set for break of $9.40 for possible long, decision dependant on volume .

AVERAGE ANALYSTS PRICE TARGET $9.31
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO
SHORT INTEREST 23%

COMPANY PROFILE
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.
Comments
DACapitalTrading
Very nice setup! Leave us a like aswell mate :)
transparent-fx
thanks for sharing, looking forward to your next idea, if you want to take a look also at my ideas i'm sure you would take value, cheers
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