AvaLoN
Long

3D Systems is about to soar

BATS:DDD   3D SYSTEMS CORPORATION
71 1 0
Here is a daily chart of 3D Systems $DDD and it's 100 day Moving Average that appears to form its support line.
As we can clearly see historically, once the chart touches MA, it soars month after. I'm not a clairvoyant, neither I'm Warren Buffet, but can easily say that it looks extremely bullish as 3D Systems has recently bounced against its 100 EMA in upper direction that mean nothing else but extremely bullish sign.
Good eye, thanks for posting! I don't blame you one bit for playing long against the 100 EMA! I must qualify this post by sharing I am short DDD, so take this with a grain of salt only. Today's daily candle was not a pretty one in my book. That said, it did catch a bid after hours back up to around $80, so maybe I fell for a fakey pin bar (it happens...). I've got stops placed above $85 on a daily close and could see DDD come close to that before a theoretical reversal could take the name into the high $40s from current levels. "That's what makes a market!"
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