i want to look at the 3-d printers, three companies, because theyjust look different; the charts look different andi think the possibilities for profitsare different. first of all stratasys ( nasdaq:ssys ),
future of 3d printing stocks, this looks like it's poised to movehigher. none of these companies announce earnings until the very end to this monthor the first of november, so there's room forthese stocks to move
without a catalyst, andthat's the most important thingto keep in mind. without a catalyst there's still roomfor these things to move. there's support forstratasys ( nasdaq:ssys ), there's resistance forstratasys ( nasdaq:ssys ),so you've got two ways to trade this depending on what the stock does. if thestock pulls back one more time, down to near this level below $100.00.anywhere below $100.00 i think is agreat opportunity to buy, as long as this last level holds up, iwould say 90.00, so between $100.00 and $90.00is a better buying opportunity.
the closer to 90.00 it gets ofcourse the better it is, but you need to keep a stop below$90.00, if this is a shorter-term trade for you.look, if this is your time frame, don'tkeep a stop just buy the stock and hopefully it'll go to 200.00 before goes to80.00, but that's your defined risk right there. now3d systems ( nyse:ddd ) looks a little bit different. thisstock had a real washout a few days ago, it's climbing now
on lower volume. this iswhat i view to maybe have limited upside untilearnings are announced, because you can see the stocks been moving higher, but the buying activity has been on thedecline. i'm looking here at resistance say right around just acouple dollars of where it is right now. so this is one,it just needs to work more before you really do much, so it'skind of a let's watch. and then finallyexone ( nasdaq:xone ), if you're a member you know thatwe've been kind of all over this,
i loved to this stock, loved it here,loved it here, loved it all the way to here. i thought, wow, after this kind of breakout, high-volume, then the stockpulled back, nice amount of work here still to do,it's all good, volatility squeeze maybe, bollingerbands were fairly tight, all we've got to do is wait for a breakoutand we're good to go. well that didn't happen, but instead thissupport line got broken; you want to be selling this stock andonce you've sold the stock and then it starts to bounce here, it's just mytrading style it doesn't have to be yours,
but i'm not really interested in buying itbecause there's so much resistance here, so much supply from buyers who were kind of hoping that thestock would do this or maybe its institutions who are now looking at thissaying, "you know what? i don't want to be in this stock, mybuddies are the ones that starteddumping the stock here so i don't want to play." so they'reselling. what i'm saying is, if you happen to buyhere at the bottom then you're saying, "well, dan doesn't know what he's talking about, because i got a really nice
rate of return." okay, good for you. what i'msaying is that going forward, look, this stockcould go up to, you know, $115.00 on tuesday; but i'm analyzing the chart and lookingat what i think is the kind ofbehavioral component to the market given the two stocks that i just covered,3d systems ( nyse:ddd ) andstratasys ( nasdaq:ssys ). if you're a theme investor and you wantto invest in the 3d ( nyse:ddd )printing company, is this the one you're going to look atbased on the price activity? no, i think this stock has morepossibilities
if, and this is an if not a when, if the stock starts moving back up here. ifthe stock starts moving back up say above $65.00 then technically this is going to havea better chance of ultimately moving higher. here i'm just looking at a stock that's goingto struggle so this is not a prediction, it's anobservation. look at the 50-day moving average is starting todrift lower,
the 200-day moving average, where isthat? it's in the future, because this stockhasn't been trading 200-days, it started way back here. so just be carefulwith exone ( nasdaq:xone ), that's all i'm saying,if you've got a trade the stock
keep a stop just below this area. my preference would bestratasys ( nasdaq:ssys ) or 3d ( nyse:ddd ); i think 3d( nyse:ddd ) has the most potential for an explosive move.
