DDD trade ideas
Ratio AnalysisIt's all about revenue multiples for 3D growth stocks (<1.5 P/R sends a buy signal). I also like this entry here with trend line support and 50/100 moving average convergence/divergence.
DDD - Long on bullish divergencesUpdate 25.04.2014 : I closed this trade 2$ below my entry, as I got bearish on the US market and this stock didn't go anywhere, it lacked momentum.
My last 3D idea didn't work out, as the whole market, especially the tech stocks continued their fall.
Now, all the stocks are turning up, and DDD has a very nice picture.
There's a tripple divergence on the MACD histogram, and another divergence on the FI. (I'm sorry, on the histogram there is a double divergence, not tripple!)
First major resistance is at 55. If that level gets broken, I expect a rally to the 70$ area.
3D Daily. Huge H&S!!3 day flag into neckline got savaged y'day. 1st target 48. Extended so tighten stops.
DDD - Long on a growing businessI have been watching DDD for a very long time, looking for a good spot to go long in this growing bussines. I believe that there is a buy signal right now. The only problem with it are the general market (stock market) conditions, which right now are unclear, at least for me. If there would be a clear long signal on the Dow or the S&P, I would buy a larger quantity of this stock than I would now. But I will ignore the uncertainty of the general market and take the long signal from 3D, with caution.
At the beginning of February, there were some bad reports on the 3d printing business and every stock in this sector fell heavily. That very day DDD came back strongly, but the risk reward wasn't great so I decided to wait. Right now the stock is at that very low, retesting with a bullish divergence, forming a double bottom, simply said, offering a better price to buy.
Looking at the weekly chart, there is a hidden divergence, labeled here on the daily. Hidden divergences are continuation signals of the prevailing trend. Back to the daily, I labeled 4 extreme price deviations from the MA wave. Right now, price is strongly deviated and a bounce should come.
The double bottom target is close to the round level of 100$, but that is way too far away to consider for the moment. Right now, my target is previous high at 80$ area.
DDD Reaching Bottom Resistance Price, BUY for 50% Profit3D Systems is reaching its bottom soon, maybe within two weeks. 50 Day MA about to cross 100 Day MA signaling we are coming into a landing at the bottom resistance price at 50. Once MACD goes into positive slope and enters the window between 50.7 and 49.5 we have a BUY in our hands. SELL at 77 before the price reaches the upper resistance set in mid Feb2014 at around 80 for a +50% profit.
DDD Bottom Resistance Approaching BUY for 50% Profit3D Systems is reaching its bottom soon, maybe within two weeks. 50 Day MA about to cross 100 Day MA signaling we are coming into a landing at the bottom resistance price at 49.5. Once MACD goes into positive slope and enters the window between 50.7 and 49.5 we have a BUY in our hands. SELL at 77 before the price reaches the upper resistance set in mid Feb2014 at around 80.
Head and shoulders topHead and shoulders top, and a possible C wave correction. Target $35-$41 zone.
Stay DDDI've made 98% on this since getting in. The Military is very excited about Additive Manufacturing. This is a technology that is going to change everything about the value chain from piece parts and commodities all the way through sub-and final assembly, logistics and distribution.
Think about what it takes to get a simple ignition coil to the local auto parts store. Now eliminate the need for batch processing, because Additive mfg allows you to manufacturing in lots of "1". Eliminate transportation, stocking, etc. Additive mfg, has the potential to change everything.
Some have said "Oh yeah its great for cheap plastic part, but what about metal? Anybody ever heard of welding? The weld bead from a plasma process is stronger than the metal it is welding. Now think about an entire part made from weld bead. created layer upon layer. That is additive manufacturing.
I have been getting advice to sell this due to the sudden attention. I am seeing a slight correction but no serious institutional unloading at this point. I'm going to tighten the stops and hold on.
DDDI like this ticker but i think it has a pullback making its way. At 82 dollars double top with the divergence this would have had made a clean shot but considering strength and how surprised we have been in this run i was waiting for this kind of move that i call the extended divergence (reflecting strength or euphoria depending on macro). Considering the chart an educated guess would make me pick scenario -a rather than -b, i think the industry has a lot more under the hood.
DDDI like this ticker but i think it has a pullback making its way. At 82 dollars double top with the divergence this would have had made a clean shot but considering strength and how surprised we have been in this run i was waiting for this kind of move that i call the extended divergence (reflecting strength or euphoria depending on macro). Considering the chart an educated guess would make me pick scenario -a rather than -b, i think the industry has a lot more under the hood.
DDD - Bearish WedgeBearish Wedge - Weak volume on uptrend signalling weak rally, short side favoured. Waiting for pullback to hit longs off previous support levels on trend channels.
Has This Bull Had It's Run?DDD looks like it's forming a double top here. This looks identical to the double top from Jan-Feb of this year. The chart pattern prior to that top looks very similar to the one on this recent potential double top. I was short back in Feb but took my profits too early. This time, I will enter a trade by buying puts at around $68, which I believe is just passed the point where a double top will be confirmed. I would start taking some profits at the first level of resistance at around $55 and let the rest of my position (maybe half) play around with that resistance and hope for a break. If this works out, I would have a final price target at around $48. If I'm wrong on this double top, I would exit my trade at around $71.
