Actually it could be a weekly bat pattern with weekly hammer combination, but I like this inside day a little more.
3D Systems got slumped after its poor 2Q result, and it consolidated for almost a month. It's a relatively higher risk trade as I am not really that bullish on its fundamentals,either; but as a harmonic patterns and price action believer, it's a nice trade set-up.
If it breaks down 12.63 before it breaks out 13.00 fig level, then this trade doesn't exist anymore.
Comment
⋅
Entry long position.
Comment
⋅
it reached 13.80, put the out of my 1st kick @ 13.50