Will the breakout hold ?With incredible QOQ results (68% improvement QOQ), the recent acquisition of ExOne (which is the main reason for stock's decline due to dispute in stock compensation of ExOne's shareholders) and now Aidro, which has been 3D printing hydraulic-related parts, the fundamentals of this growth stock look pretty strong, while the share price is near its all-time low. It looks like a good time to accumulate long position in this stock with a multi year timeframe.
On the technical analysis side, DM broke out of descending wedge and has met resistance at 9$. If we can cross that, more upside is to follow..
Disclaimer : This is not a financial advise. I analyse charts for educational purposes. However, I hold long positions in DM stock.
