Backdrop
Since the positive pre-announcement of last week, the stock has popped and broken its up-channel resistance at $12.
All the while, the SMA 50 has crossed the SMA100 to the upside, providing a "golden-cross" positive cross-over setup.
The stock has since given back some 8% - Been waiting for it to consolidate towards the resistance-turned-support.
Trade setup
Today, it looked compelling to buy the shares, which were further consolidating in a weak market.
Purchased DDD at $12.15, just above the support.
Expect the target to be reached in 4 months.
Risk analysis
Target $16
Stop $10
R/R 2x
Since the positive pre-announcement of last week, the stock has popped and broken its up-channel resistance at $12.
All the while, the SMA 50 has crossed the SMA100 to the upside, providing a "golden-cross" positive cross-over setup.
The stock has since given back some 8% - Been waiting for it to consolidate towards the resistance-turned-support.
Trade setup
Today, it looked compelling to buy the shares, which were further consolidating in a weak market.
Purchased DDD at $12.15, just above the support.
Expect the target to be reached in 4 months.
Risk analysis
Target $16
Stop $10
R/R 2x
노트
Currently trading pre-market at 13.10, above the SMA200 resistance turned support. Golden cross of early March is working as expected. Keep holding for now.
면책사항
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.