DDD is demonstrating a strong bear trend since end of August.
Currently, it's in A2 bear set up (two legged move to EMA in a bear trend) with a good-looking reversal bar (although it's bullish, but still a valid set up as it was a second failed attempt to break above 20 EMA).
Stops will be around 40.45 area (MA), first target - 36.5
In case if set up triggers below 38.70 - should work all the way down to 34.00 where where we had a strong support line and where we have a lot of bull stops.
Fundamentally, it looks like DDD has been a bit overbought with all this 3D printing hype and extreme volatility of the DDD stock itself.
Currently, it's in A2 bear set up (two legged move to EMA in a bear trend) with a good-looking reversal bar (although it's bullish, but still a valid set up as it was a second failed attempt to break above 20 EMA).
Stops will be around 40.45 area (MA), first target - 36.5
In case if set up triggers below 38.70 - should work all the way down to 34.00 where where we had a strong support line and where we have a lot of bull stops.
Fundamentally, it looks like DDD has been a bit overbought with all this 3D printing hype and extreme volatility of the DDD stock itself.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.