- SSYS unable to reach top of lateral channel (black)
- New down channel created (pink) heading to $22
- SSYS has been continually supported around $22 and should consolidate there
- Crossing of both channels may spark bullish movement upward
- Overall trend is not particularly strong so watch movement around $22
What was meant to be the next great investment has been nothing but, after a parabolic move up it has fallen like a stone for years. The process is fantastic but industry has been slow to adopt it, but that has started to change and new providers of 3d printing are once again attracting the attention of investors. Three-dimensional printing unicorn Carbon, a...
if you have the time. say 10 years :-) it can retrace all lost value. remember nasdaq 2000 highs and today highs.... thats what bubbles do. now all you need is patiance.
in weekly and daily looks interesting right here and now
SSYS is a company from the 3D printing industry. It has been in an aggressive downtrend, losing more than 80% of its value since it topped out in 2014.
Looking at the weekly chart, I believe the stock has not bottomed yet. Price is at value after a class A bullish divergence, while the Force Index is oversold.
The daily chart shows a nice double top with a...
Stratasys Ltd. is a provider of three dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. The Company's solutions include products ranging from entry-level desktop 3D printers to systems for rapid prototyping (RP) and production systems for direct digital manufacturing (DDM). As of December 31, 2016, it offered 3D printing consumable materials, consisting of 15 fused deposition modeling (FDM), cartridge-based materials, 26 PolyJet cartridge-based materials, five smooth curvature printing (SCP) inkjet-based materials, 158 non-color digital materials, and over 1,500 color variations, as well as its four SolidScape non-toxic thermoplastic modeling materials. The Company's products and services are used in various industries, including aerospace, automotive, consumer electronics, consumer goods, education, dental, jewelry and others.
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SSYS
