On Sunday I was getting some "s"s in my intuition and kind of picked up on SSYS. I checked with dowsing if this was accurate and got a "yes". I didn't see when earnings were, but I think they just had them as I just spotted it was up 8% today.
In my intuition I got the number 18, which normally I would consider is a price, but I let my dowsing choose the target...
SSYS is an industrial 3D printing company.
Price action is suggesting we have formed a bottom around 10.
If we have a nice close bullish close, above 11.37 in the next couple of day, then the bottom should be in for now.
Stop can be placed below 10.55 and first target is 23.6% Fib at 12.70 (there is a gap there which will acts as a magnate for...
Here we have a log scale monthly chart of SSYS. The 1.618 level at about 14,30$ will be a key level. If price can break above that and backtest it as support, there is a very high probability we see a large move to the upside. Just look at this bullish divergence from the low of January 2016, monthly RSI is now close to the 50% middle line as well. This stock has...
Looking at the monthly chart for SSYS I noticed that every major pump started on the level we are currently at.
I'm expecting a 150% move back up to new local highs above 60 in the next year.
I am looking for an entry for a call setup for SSYS, if it manages to come back to the bottom range of the channel that would be a decent entry point. I would then look 45-60 days out for a strike price as designated by the channel along with horizontal supports.
Seems that an inverted head and shoulders has formed.
Fundamental analysts also have a buy rating on this.
But above all, read the news - on the right side when displaying the watch list, just below the price.
SPY - the grind higher continues as SPY approaches the all-important Jan 30 pivot of 418. Over the last week SPY has either held the PM support or PD high. Looking for either of those levels to hold to potentially expect higher prices later on as we haven't needed the $ADD pinned near +\-2000 and $VOLD ratio over +/- 3 and $TICK cumulating past 0 wicking to +/-900...
NASDAQ:SSYS daily:
I will short at 21.54 taking out the low of today. Stop loss above local pivot high at 23.39
MACD negative and accelerating
Bearish bar today cutting through the 20 and 50 EMAs and the bottom trendline.
NASDAQ:SSYS broke out of the falling wedge pattern and is now flagging, a potential head and shoulder pattern is in the making as well, more gains are expected. Anticipated price action and targets are shown on the graph, stop daily close below 20$.
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This is only my own view and not a financial advice, do your...
I personally Like $SSYS rather than DDD or NNDM, but you could make this case and chart for most of them. The point is there are a lot of resistance bands for these stocks to over come just to even reach their previous highs. It took 3 months to finish their first wave and most third waves are longer than their first. I am targeting leap options on these stocks...
Figured I'd keep the trend of 3D printing stocks going. This is one I bought after the "crash" and just sold for a loss. After seeing it not reverse I felt I should re evaluate my analysis and see where I went wrong. I thought the correction was over at the 11.91 low. bought on a setup on the 1hr which initial looked good, but then became a flat to continue down....
