Triangles do not lie 3D Systems! It looks like 3D Systems are about to finish a wave 4 Triangle, 3D has a strong resistance between 25 and 27$ to finish the last wave e of tri 4 then going to take off to new highs, Wave e will be considered done if the price manages to break 33.5$ without falling any further.
by the way, the red and green arrows are only explanatory and price does not need to follow them exactly, and it does not represent the target, but let's say, if 3d falls to around 25$, then it may reach 60$
At what level will this labeling be invalid? any suggestions?
This is only my analysis and I am not liable for your actions, please do your own before buying or selling 3d or anything I publish. after all it is your money and yours alone so be responsible and calculate risk before counting the chickens.
