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SSYS or DDD

kurt
Fri, 04 Mar 2016 13:22:15 GMT

Just a little Friday food for thought! The long term pattern is a nightmare, tremendous hype on the 3D printing space, with a subsequently rapid decline. On these two i believe we have reached the bottom and there are sign of life. As a more technical versus fundamental trader i like both and have already picked up small position as I believe both have already bottomed and will rise from the ashes. In particular, the chart of SSYS have a nice cup formation and I believe we need rise a little further for the breakout about the horizontal line before the pullback which forms the handle before the next surge. It could pull back from this point, but it would be a stronger pattern if we break above resistance. This cup formation is one of the best formed I have seen. See the chart attached. [SSYS](//muut.com/u/pttresearch/s1/:pttresearch:WAFD:ssys.png.jpg) As for DDD, it has move off the low, but has not formed the nice cup I like to see, but it have formed a fairly nice reverse head and shoulder pattern. Happy Trading and TGIF! Kurt [DDD](//muut.com/u/pttresearch/s1/:pttresearch:4csZ:ddd.png.jpg)

kurt
Fri, 04 Mar 2016 15:22:11 GMT

Update, based on today's action we have the required breakout at this point. And while it could go higher, wait for the pull back and read up on what the potential slide might be and the subsequent bounce. Cheers. Kurt

kurt
Mon, 07 Mar 2016 18:14:51 GMT

With a peak of 27.50 or so, a retracement to between 22 and 23 would be a nice setup before the next move higher. If it stabilizes at 24 that would be a positive sign and a point at which to start building a position. (it could go lower to be vigilante) The target after breakout would be 8-9 bucks. Cheers, Kurt

David
Tue, 08 Mar 2016 10:03:24 GMT

Kurt, Thanks for the reminder about these two stocks. The hype and fizzle cycle of 3D printing stocks was classic. I subscribe to Motley Fool specifically in order to monitor their hype picks because they seem to have a lot of influence. They have recently started to highlight the potential recovery of 3D stocks.

kurt
Tue, 08 Mar 2016 16:04:38 GMT

Yes, I too and Motley Fool subscriber, but when an industry reaches the abyss it is sometimes a good time to take a small positions at first and build your investment from their. And I love the JP Morgan told folks to take profits after it broke to the 27 area. This will help the cup w/handle pattern and I am looking for it to break below the horizontal line on the chart in the chat sequence. If it gets to the 22-24 I will buy a bunch and await a break out in the $8-9 range and the add a conditional order to sell if it begins to drop. Happy trading and/or investing. -Kurt

Florent
Wed, 09 Mar 2016 11:52:28 GMT

Been holding Arcam for years (more than tripled). Still holding. Sold DDD at 90$. They all collapsed except Arcam, which is growing and growing.

kurt
Fri, 11 Mar 2016 16:27:08 GMT

Syss showing a nice pull back over the fews days and I am legging back in after having sold short of the peak. As stated previously I like the 22-23 area for reentry but it might not go that low so as stated, I am legging in. (so buy now so I can flip mine for a quick 15%, LOL) Cheers, Kurt

Thomas
Fri, 11 Mar 2016 23:56:37 GMT

Its the pump and dumper I knew it LOL.I picked up a small position today as well.

kurt
Mon, 14 Mar 2016 14:27:07 GMT

Hopefully folks purchased shares of both DDD and SYSS last week and we are seeing a nice bump up on earnings from DDD. Yea for the good guys......us!