$SSYS 2 ways to play it
Stratasys is trapped in a bearish long term play. It is going to be long because 3D printer adoption has been slower than expected. It is going to be long because the bubble did pop 6 months ago.
If the 30 $ level holds, then you can try to swing trade it (Red path) is a long term bear flag pattern
If the 30 $ level does not hold, I would sell at a loss and buy again at the 13 $ level (Blue path) that might correspond to any long term play (in the example: a cub and handle)
If the 30 $ level holds, then you can try to swing trade it (Red path) is a long term bear flag pattern
If the 30 $ level does not hold, I would sell at a loss and buy again at the 13 $ level (Blue path) that might correspond to any long term play (in the example: a cub and handle)
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