"Stratasys - Short with the trend" by trader vlad.adrian — published May 29, 2014

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Short

STRATASYS LTD (NASDAQ:SSYS)

NASDAQ:SSYS STRATASYS LTD

The weekly Wave has turned down, and price is rallying to value. Weekly picture here :

The daily shows a very nice pattern. Everytime price returns to the wave, it's ready to continue going down. Usually I use the MACD , but hidden divergences are easier to spot on stochastic or RSI . Hidden divergences confirm the prevailing trend. I want to see a close below 92 to confirm this chart.

My brokers don't offer Stratasys , they offer its competitor DDD , but I got my butt burned on that one. This is a paper trade.

Hello Vlad, which brokers do you use for your transactions ?

virgotopia

I use local brokers from my country, they offer CFDs on different stocks.

vlad.adrian

Si eu sunt din Ro ;)
Vanguard, aka Tradeville ?

virgotopia

:)) pai zi asa. si tradeville si xtb, in functie de ce vreau sa tranzactionez, ma orientez unde am comisionul mai mic.

i think you are wrong , i don't know how to post charts in comments but according to my analysis the stocks broke up a down slope channel with above average volume and a full green candle , after the breakout the stock converge MACD also positive
i believe that the stock will reach 88-90 $ and if there will be even small sign of support it should be a long trade signal with stop beneath 85 $ based on closing prices

dumuzid

When you are analyzing a chart, down in the right hand corner where your 'publish idea' button is, you have a little green camera. Click on it, and you will receive a link. Copy that link and post it here.
Regarding Stratasys, I accept your opinion. You need to understand that everybody has a strategy. I don't trade breakouts. I used to do that, until I properly learned Dr. Elder's Tripple screen trading system.
Keep in mind that I said that until there is a close below 92.13$, this is just a heads up, not a trade.