I think DDD finally reached medium term bottom and will comeback to gain ~80%. Not a financial advice.
Studying the chart the trend is still down. Possible support at $5. I will go long now. But only a 1% of Capital Investment. Obviously these risk / rewards can go both directions, however if correctly timed - the gains % are great. So I am taking this trade long as its way oversold right now. I am willing to give the trade 6 months for a turnaround possibility.
Update to my previous post. This is my intraday analysis on DDD.
Head & shoulder pattern breakout on the day chart. Measured move targets are the fibonacci projections 2x and 2.618x the H&S high to low range. Buy at Open; Stop loss at Fridays breakout day low (4.89) minus .13 = Stop loss @ 4.76. Target #1 at Fib projection 2x = 6.40; Sell 70% of shares with new stop loss at sell price ((6.40)-.13) = 6.27 Target #2 at Fib...
DDD is being destroyed. The price is breaking the key support. Expecting the price to visit levels no seen since 2009 buy: 1,30 $ stop loss: 1.17$ target: 4,66 $ As the key support is breaking, the short position can be taken as well, but the stop loss above the support has to be placed . good luck
Analyzing the options chain and the chart patterns of DDD 3D Systems Corporation prior to the earnings report this week, I would consider purchasing the 9.00usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $0.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
DDD is a 3D printing stock which experienced incredible price action back in 2014 when there was a lot of hype around 3D printing. Back then the company was not making money, now it has a great balance sheet and strong earnings and trades under a P/E ratio of 5. The stock is cheap in general and especially for a new age tech stock. Let alone 3D printing could go...
Potential Inv H and S on 3D Systems. It looks ok, but the price still remains under 200MA and we need a break above the neckline first. I wouldn't risk more than 1.5% for this trade. Target $15.13
2 Stocks with similar patterns, have cheap options that expire Friday. I am hoping for a tiny pullback, so I can buy the 10 calls in PLBY and the 10 calls in DDD.
DDD looks to make a recovery finally along with some other names that have been beaten up recently. Trading levels shown.
The algos triggered a sell signal. Let's see. The RSI triggered buy on the same day as an MTF sell. We have already rode up and now it is time for the sell side to kick in.
Good consolidation. Strong support at ~$20 range. RSI in oversold region. Getting ready for bounce back to ~$27.5. potential upside ~$7.5 (~38%). Good rate for EPS & revenue exceed in earnings. Post 27.5 it may re-test support level before any break out. Note : Please do your dd before any position. This is my personal opinion and can be wrong...
3D Systems Corp DDD looks like it might be ready to run in 2022. It has just entered into the upper bollilnger band. Stochastic and MACD are showing bull signals
Speculative. Near support line. Brakedown - we on deal. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Stock...
A double bottom formation, Still the second bottom is playing out. The stochastic is oversold with some upside potential.
DDD has been on a downtrend since the beginning of the year and just recently it has rejected the upper trend line of the ascending wedge breakout, we may see further movement downward next week as this has been the pattern all year slow build up to a peak and then bam a bearish engulfing candle ending the week then the following week showing even more bearishness...
I would be shocked if this demand level didn't hold at least for a nice bounce..
Trendline break + Trendline break +retest Entry 29 Stop 27 Target 40 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.