Any takers? I've been looking for trouble, make it double. Short term bullish
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...
This 3D printing stock was very hot during 2012 and 2013 but lost its luster in 2014 as investors are looking for major cap companies who pay high dividends. Even the leader 3D Systems pulled back 50% from its highs which tells us that price is very unstable and speculative in this revolutional sector. Stock broke up descending channel at $90-$92 with ignited...
Expecting some continuation tomorrow. Back above 30 min support as CMF breaks DT
Double bottom bounce. Over $131.50 should continue to the upside. CES on tap
Last (2) W patterns played out well. If a 3rd is as successful, $160 isn't out of reach.
Strong potential for a steep climb into the year's End. Some abvious areas of resistence ahead but we could see a 130+ by end of next week.
Long(er) than vs short because of a new support line and upside strength. Looking for breakout above triangle to 120.
Along with other 3D stocks are coiling for a move higher IMO.