11/10 Mid Week Watch - $DDDMy level: 25.60
Why: Numbers/financials good in my opinion. Annual pivot and support.
Notes: Down about 1.5pts when it closed, there is a lot of support at 25.60.
DDD trade ideas
Midweek Watch 9/15 - $DDD Holding a Nice Trendline on the DailyAnticipating a leg up, holding a trendline on the daily. wrote down $29.10, you see that previous day low and 50d SMA
Midweek Watch 8/25 - $DDDMY LEVEL: 29.00
WHY: 20d and previous day low. I'm looking for a clear away (breakout) above 30.70.
Midweek Watch 8/11 - $DDD LONGHad really nice earnings and made a huge move. Buyers were all over it. $33 & $31 is my levels for a long. $33 is wednesday's low and a quarterly and $31 is just above this monthly and 50D. I think the stock took a
breather yesterday and feel like buyers are still around on this name. I think it can push back into that $40 level near term. $33 is kind of close to where its trading, if it washes through it will look to trade off the next
level which is $31.
Nice Shorting Opportunity in 3D Systems. $DDD-Rising wedge pattern.
-Two consecutive bearish pin bars candlesticks.
-Rally on low volume.
-Stock on the upper end of Bollinger Band.
Not an investment advice. Do your own due diligence.
