Another falling wedge
, this time in 3D printing stock ( NASDAQ:MTLS
. A similar pattern can be seen in NASDAQ:SSYS
but less clear and the stock is more volatile. Plus MTLS
is Dutch and I like Dutch approach to new technologies. They know how to make things work. Quick googling tells me that Materialise is one of the best stocks in the industry. Debt levels are less than the industry average.
This is a long-term investment unless something points to the downside so I will not even bother about the exit strategy. Will keep reading about this company.
I am allocating 5% of my portfolio to this stock (maximum according to my rules).