NOTE: Revenues are a tiny slice of the market cap of DDD. When you have $10 Billion in Mkt Cap at the peak and only $0.5 Billion in sales, you have a lot of hope to fill up that void. Note how well the Key-Hidden Levels provide a decent framework for DDD's share price in the past (note all the arrows at KEY HIDDEN LEVELS) - but now DDD is waffling through the latest quarterly level, like it did last summer too.
What to do now? Sell short here with a stop at 54 and a target of 48-47. If the trade gets stopped out, then get bullish and to buy pullbacks to 52 with a target of 58.
September 9, 2014 10:08AM EST DDD 51.91 last.
Comments
timwest
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XONE is trying to lift above its Key Hidden Level... very interesting chart!
A-shot
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This is interesting! Do post more such charts
timwest
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Do you like the Mkt Cap 423million and Sales $40.8 million in the lower graph window? It's a nice reminder of what we are buying. I'd like the background to be a different color for stocks that are "insanely expensive" just as a reminder to users that they are "vapor" stocks with little to no revenues/cash flow/earnings/book value supporting the valuation of the stock.
timwest
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Do you follow the "Key Hidden Levels" chat room?
play4trade
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44ish is big possibility
timwest
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There you go! 44 and still ugly....
A-shot
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Sold earlier, but found your chart in part helpful for that decision - thanx again :)
A-shot
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Is it a bull case now? it did get over the Level, although not for 3 days and is back to 52 now (following the market)
timwest
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It didn't spend a whole day's range (low> hidden level)... but since it is waffling around the level and not moving sharply away from it... I'll look for another stock to trade that is reacting to the "Key Hidden Level"