Because of my other plays, I placed some bull spreads and naked calls on PRLB to cover potential losses on another play I'm doing, OTRK. Playing some of these setups aggressive because it's more fun. I've shaved 60% position with profit and riding 40% for free which I'll trim even more or let ride.
Protolab breaks out to new highs
Good news also in the Market.
The stock is in a lot of ETF, where mony flows in. This also support this realitvly small stock.
Hey my friends, PROTO LABS is in a fake bearish configuration with high volume buy executed and an upside down hammer candle. Looking at the TIMEFRAME M1 we see an upside down hammer candle with a large sales volume, it reverses the trend on the low point. Which is at the lowest level of the bollinger, it goes on the VWAP which is in the bollinger to yield it and...
3D printing also known additive manufacturing can be a key technology that drives Industrial automation 4.0. This industry is expected to grow 10 fold this decade. 2021 could mark the beginning of this secular trend.
Breakout from a long base on strong volume.
Equal weighted portfolio given Oct 29 prices.
Company Name Ticker
Chewy CHWY
Draft Kings DKNG
iRobot ROBO
Lemonade LMND
Lithia LAD
Nvidia NVDA
Protolabs PRLB
Ryman Hospitality RHP
SmileDirectClub SDC
TREX Company TREX
SPY and QQQ are added for reference.
This is an...
PRLB looks good enough for me to grab a few long call options.
News from Friday: Protolabs Launches All-new Digital Quoting Platform in Europe, U.S. Release to Follow in Early 2021
I will pick up some march options most likely, after watching how it opens and 5 min trends on Monday
Proto Labs, Inc. engages in the digital manufacture of custom prototypes and production parts. It offers 3D printing, CNC machining, and injection molding services. The company was founded by Lawrence J. Lukis and Gregg Bloom on May 5, 1999 and is headquartered in Maple Plain, MN.
NYSE
