1DDD trade ideas
#Stock #DDD $DDD Overall Signal -- EARLY ENTRY BUY!#Stock #DDD $DDD
Chart TF 1D
Overall Signal -- EARLY ENTRY BUY
First TP 38
Stop 22
EMA - needs to hold abv 100ema
ICHIMOKU - price holding at span b green cloud
Key Fibo - 0.618
SStoch - Oversold
MACD - waiting
RS Rising
#CheddarFlow #Darkpool - #Bullish
#PersonalOpinion
#DoYourDueDiligence
3D printing cluster3D Systems, Nano Dimension, Protolabs, Stratasys and the Print ETF have all moved synchronously and have been falling since the February peak, eroding accumulated gains so far this year.
The underlying technology is not fully implemented or developed yet, it still has room to continue growing, although in the short term the outlook does not look very optimistic.
Gains on the newsRVOL -19 (huge)
AVOL (90) - 7 (OK)
ATR - 2.4 (OK)
Short interest -29%
Stock has absolutely blown through the shorts and squeezed people out. Short interest still remains elevated though, showing potential for additional squeezes. I am looking for a low volume pullback to either of the two yellow lines. It is a tricky one, so i plan to keep tight stops of 20-30c. ATR is elevated by the last two days, it used to be much lower before that, so 20-30c should be sufficient. Targets depend on the entry, but the key inflection points will trigger partial sells.
3D printing, I want in $DDD $SSYSI read Ark Invest's Big Ideas for 2021 and according to them NYSE:DDD and NASDAQ:SSYS are the leading companies of the industry. As you can see in this chart, there is a clear winner when it comes of ROE, but I'll be buying the first one that plays by my rules. At the moment NYSE:DDD is ranked 3rd in its group by IBD Investors and NASDAQ:SSYS is ranked 4rd. Both are having a pretty heavy pullback that I intend to capitalize. Patience is the key, is better to get in late than early.
Although, NYSE:DM is ranked 1st in the same group so, is worth to take a look at.
Lets play Game With The Marketsno confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades