3d printing organs? Risky stock, potential to soar, potential to sharply drop.
Question to ask yourself before investing: are you okay with risking losing most of the money you invest in this for a high potential? If that answer is no, I would say don't buy.
Great company that deals with wireless and wire-line enterprise networks. Strong base pattern (cup and handle) that broke out today. Outlook/Goal - Buy: now, Sell: around 34.00.
SPY Has followed 3 main patterns in the past four years: Cup and Handle, Head and Shoulders, and Reverse Head and Shoulders. Each has had an equal price increase and drop associated with it. The last pattern just had an equal price increase, whats next?
FTK is currently in a slight downtrend channel, falling step by step. Look for support around the 9.00-9.30 range and then a possible boost back up. However, if support is broken down, there is the possibility for a fall down to the 8 dollar range. The MACD has also dropped, so now isn't the best time to buy the stock.
Strong chart pattern (Long term head and shoulders), look for a 3 dollar increase short term, but a larger long term profit. My time frame may be too long, as this stock may fly once it starts rolling. My entry price: $11.50, stop price: $10.50, target: $15.00.
