Parm
Long

Stratasys, Ltd. (NASDAQ:SSYS) Could Be Headed For The Stratosphe

NASDAQ:SSYS   STRATASYS LTD
22 0 0
Yesterday while I was looking at the chart of Stratasys             , Ltd. (NASDAQ:SSYS) I noticed a potential for an inverse head and shoulder pattern. The set up was there, the only thing needed was a close above the neckline on the daily chart . At the close of markets, Stratasys             , Ltd. (NASDAQ:SSYS) had indeed closed above the line and the inverse head and shoulders had triggered. The one thing that I love about this trade set up is the fact that Stratasys             stock actually tagged the neckline this morning and bounced off it, giving validation to the line. At this point this is an easy trade because traders and investors can go long the stock here and look for a huge upside target of around $170. That would be a potentially massive gain of 31%! The only risk is if the stock closes below the neckline, then you simply stop out for a tiny percentage hit. The risk reward here is very compelling as you are only risking a few points of downside for potentially $44 of upside. Its trades like this that separate the pro profitable traders from the amateurs.

If you only read one email again, make sure it comes from the Elite Round Table. Our FREE market emails contain information that can actually make you money. Ask yourself, what email have you read that can do that? Answer = none. Join our list here.

Parm Mann
Elite Round Table
Follow me on twitter: @ParmMannTrader
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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