1DDD trade ideas
DDD - Fallen angel formation long from $9.37 to $10.86 DDD seems breaking out after forming a nice base. It has some insider buying as well.
Now if it can break current resistance, it can easily cover the gap.
* Trade Criteria *
Date First Found- November 28, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of $9.37
Exit Target Criteria- $10.86
Stop Loss Criteria- $8.77
Please check back for Trade updates. (Note: Trade update is little delayed here.)
DDD, daily bat pattern and a inside day combinationActually it could be a weekly bat pattern with weekly hammer combination, but I like this inside day a little more.
3D Systems got slumped after its poor 2Q result, and it consolidated for almost a month.
It's a relatively higher risk trade as I am not really that bullish on its fundamentals,either;
but as a harmonic patterns and price action believer, it's a nice trade set-up.
If it breaks down 12.63 before it breaks out 13.00 fig level, then this trade doesn't exist anymore.
New Long Position $DDD #trendfollowingHello Traders,
My most recent equity position is active. I'm long $DDD as it has broken out of the symmetrical triangle pattern it was trading within for 55 weeks.
I have highlighted accumulation volume with green arrows. I have also plotted out the Fibonacci levels to keep an eye out for.
Anyhow, good luck. Trade smart and with a plan. Cheers. =)