After a slow start, the 3-D printer industry is catching fire, with Gartner estimating that worldwide shipments of 3D printers priced under $100,000 will grow by 49 percent in 2013. www.webpronews.com
In other words, 3D printer companies are expected to sell 56,507 ...
ExOne Co (NASDAQ:XONE) has hit major support at $49.20. The stock announced a secondary public offering just last week causing the stock to tumble. The 52 week high was $78.80. The low of the day is $49.17. This should see a 10% bounce in the coming days.
Chief Market Strategist
This and TSLA just couldnt be held down long. If you missed that serious bounce around the 30 day EMA I would suggest waiting a few days to see how this pans out. This stock has serious pricing power right now but Stoch and MACD still pointing bearish. Volume today was just over 1/2 of what it was yesterday.