SSYS: Will it make a new all time low?Figured I'd keep the trend of 3D printing stocks going. This is one I bought after the "crash" and just sold for a loss. After seeing it not reverse I felt I should re evaluate my analysis and see where I went wrong. I thought the correction was over at the 11.91 low. bought on a setup on the 1hr which initial looked good, but then became a flat to continue down. I'll post that in the comments.
I see some inverse correlation between this and the 2 other print stocks I follow DM, and NNDM. It looks like both of those are getting ready to continue on the uptrend, and this one looks like it will continue down to make another low. After this happens I'd like to look for buy setups again. Until then I'm watching for a correction within this bearish impulse to confirm my current count.
What's your favorite 3D printing company? Thanks for looking!
3dprinting
NNDM: Irregular flat correction Explained my thesis in the chart. I'm starting to read some articles and have found a good amount of conflicting points. CEO letter to shareholders the 9th seems pretty possitive. No debt, cash reserves, and a healthy amount of revenue. Seems as if this C wave is happening on account of dilution via direct offering. Maybe we will see this get beat down a few more ticks and then start the trend again?
Thanks for looking! What do you all think? Is this a good pick in the 3D space? I Started my position at $7.79 I might be a tad early (not as early as SSYS I hope) lol hopefully we will get some bully momentum soon!
3D Printing ETF - Time for us to BUY 😊 ✔️Correction generates OPPORTUNITY.
We have been waiting to see Support and BUY this beautiful, amazing, incredible, FANTASTIC ETF.
The 3D Printing ETF (PRNT) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Total 3D-Printing Index, which is designed to track the price movements of stocks of companies involved in the 3D printing industry.
3D PRINTING is an industry you might also want to invest in:
1. 3D printing will become a mainstream technology for serial production
2. Design software for additive becoming more integrated and easier to use
3. 3D printing applications will become adopted (are becoming adopted)
4. 4. Dental is adopting 3D printing as a dominant production technology
5. Micro-chips are being now made with 3d printing ( look at Nano )
6. 3D printing will become smarter, faster, better, more efficient
7. 3d PRINTING IS THE INDUSTRY THAT WILL BOOST AEROSPACE AND DEFENCE (AND SPACE MINING)
This is an industry still in the making, all the R&D will start paying fruits and I am talking for myself: This is a HAPPY DAY for me and I am buying it now!
One Love,
the FXPROFESSOR
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.
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.
Ark Invest is super bullish on NNDM, so shall we?
For all ARK fans here, if my math is right. ARKK and ARKQ together acquired a total of 3.8M shares of NNDM overnight, a total of $28M dollar, around 1/10 of this most recent direct offering?? While you could see from my chart (credit to this youtuber : Alien Tomato ) that Ark has been accumulating NNDM shares for the past month. And a deeper implication is , NNDM market cap is 1.13B. Ark is now owning 8.31M shares of NNDM as of today, representing ~70M worth of shares, which means Ark is owning ~6% of NNDM already. This is huge!
Technically, NNDM is clearly on a upward trend line, and it has never fell below its 20MA even with the direct offering its been pumping to the market for the past two months. Apparently institutional investors are not buying enough of its shares. I am personally owning a position with NNDM and am setting my cut lost price at 20MA and looking forward to a price in the MOON!
DM 3D Printing StockDesktop Metal is 3d printing company that is backed by Virgin Galactic CEO (Chamath), as he mentioned It is an important company that is fighting climate change. Great Long Term potential and good add for Shares here. Options I would wait to play the the sub wave 5 of wave 3 up as it looks like its going for a continuation to $33 to complete that sub wave 3 of 3.
3d Systems Bubble Pattern AnalysisBubble Pattern Analysis - follows same pattern as many
Phase 1: Trending breakout of basing formation in a strong up-trending move
Phase 2: Trending high-volatility drawdown (usually not related to stock or index itself).
Phase 3: Trending recovery - stock or index shrugs off the high volatility event as it recovers quickly and stronger than before.
Phase 4: Upwards & & sideways non-trending consolidation. Typically choppy trading, but slightly upward move.
Phase 5: 3 Phase blowoff top - breakout of non-trending consolidation followed by a smaller upwards consolidation into final blowoff breakout top.
NNDM fear emerges Like the title says and everyone knows there was some crazy stuff that has happen. Disclaimer I took profit at the start of the day, after watching a video saying technically we are at ath, since tradingview didn't take in account of splits for this stock, so no idea if thats true, but sold for a pullback to $6. Now I don't know if that was luck, but that afternoon a "fake" sec filling was filled for another offering at $5. Now I didn't see, but hearing about it, it scratched my head. Then it was debunk, yet ironically a real sec filling was filed for a $5 nis par per a share. Now this means, yes they can do another offering in the next 2-3 years for $5, yet someone told me it could be higher, since par is the lowest amount it can be. What gets me in this offering why not put $6, since we were building support till our push to $7. At the same time ARKQ, bought over a million shares on that sub $5 drop probably knowing about this sec filling. We can safe to say is that going sub $5 is very unlikely at this point, but if it does we buy it.
News
-New Sec filling suggest they can do more offerings in the next 2-3 years. With price of a share as low as $5?
TA
-Now after market created a massive gap between 7.48-6.88 with us ending on 7.14. Clearly TA is gonna be messy, but we can safe to say this isn't a buy atm and just a hold. A 30% correction from the high atm is at 5.44.
-MACD leans bearish with the crossover and as the red candles on the macd are getting larger, we could see this $6 or even sub $6 next week.
-RSI on the other hand is above 47.77, but has room to go down and test it.
-Strong vpvr levels at 6.37 as our major support and ema is at 6.59, but BB screeches as low as 5.74
Final thoughts
I put this stock as a hold until investors figure out what to do. Investors don't like offerings after offerings and even though this one wont go into effect until next year, it still may piss off investors. For now I'll wait to rebuy until I see strong sideways movement or a test or the low $6 or if it hits sub $6 I'll buy.
SigmaLabs (SGLB)WE believe there is a lots of upside from here.
First learned about SGLB on this conversation during Ark Invest podcast with boom supersonic.
content.blubrry.com
NNDM 's new price targetsNNDM continues to rise with people in disbelief, so whats next? Well it is fact that we will get another offering by the end of December, but at what price? As of now it would look like at a 5-6 dollar target is likely, but what if we continue to run up, will it change the offering price? The higer the price gets the dilution drops, since the last offering will be worth 50million dollars. Let's say we hit 12 dollars and they do an offering at 10 dollars, this will cause a 5million share dilution, but if they do it at 5 dollars it will be a 10million share dilution, so we want a higher price before the end of December. Insitutions on the other hand don't want a higher price since they want more shares. Now looking at the chart it looks pretty dam bullish with good pull backs that only last a day.
News:
ARKQ bought 1million shares on the 24% drop on the Friday before. Also the other 3d company they held a large position in, SYNOPSYS, has dropped alot in their portfolio with NNDM now a head of them. SYNOPSYS is worth over 200 dollars a share.
Another investment firm known as CVI bought 5million shares on Wednesday, but they aren't as big as ARKQ with a portfolio slighly below a billion dollars in holdings. Besides that not much info on them.
Their last offering of 100million dollars would be used to buy out another company.
Rumor is start of q1, nndm will partner up with a major defense company
TA
-We are holding above the 47.77 on the RSI which is bullish and could be seen on both hourly and 5min chart.
-On both the hourly and 5min we are bouncing off of the 50ema, which shows we are in a bullish market and bears will get slaughterd.
-MACD looking prime for a crossover with Monday leaning green.
-Next is price targets. Not much to go off, but these targets are based on hits from the dump in nndm stock in the past. First target is to break 6.99, than we have a high chance of hitting 8.16. Next is 9.53 and after that 12.38. If you are on desktop I do have two more which are at 19.14 and 28.79. Again to come up with these targets, the candle sticks would have to have gone sideways or touch atlest 3 times to be known as an area of interest.
Final thoughts
I remain bullish and own over 1200shares and will keep buying with more bullish institutions coming live. It is very possible next year this stock will be worth over hindered dollars a share.
EXON (XONE) • Growth stock for long term swing/position tradersCheck the video version (link in desc) for more insight.
EXONE (XONE) • A Growth story in the making part of ARKK ETF3D Printing company part of ARKK ETF
Company recently included in Russel 2000 Index
Potential Strong Growth Stock as 3D Industry is rising from ashes as companies like SpaceX and Tesla using 3D Printed parts.
The rest of the industry will catch up and soon traditional manufacturing companies will also turn into teh 3D Printing Technology.
HPQ dip buy after triangle breakoutHPQ recently broke out of a triangle to the upside. Analyst sentiment is bullish, with HPQ earning an 8.9/10 Equity Starmine Summary Score. Short-dated options positioning on HPQ are extremely bullish-- more bullish than any other security I've recently looked at. The news environment has been relatively positive, with a new suite of remote work product offerings offsetting fears of weak PC demand in the back half of the year. Recent analyst earnings revisions have been in an upward direction. Recent signs of recovery for industrials and manufacturing should bode well for HPQ's 3-D printing business.
Plus, HP looks cheap. Admittedly its forward PEG ratio at 8 is a little high, but that's offset by a really low PSG ratio of 0.38 and a 4% dividend yield. In forward P/E and forward P/S terms, HPQ is at the absolute rock bottom of its 3-year valuation range. To get this high a dividend yield on a technology company with consistent earnings and sales growth is really rare. HP ranks fourth in the list of companies with the most 3-D printing patents, so I think it holds a leadership position in a promising emerging technology space. (The industry's growth has honestly been a little disappointing to date, but more patents are being filed every year, and eventually I think we hit a tipping point where the technology becomes cheap enough and viable enough to really blow up.)
NNDM descending wedgeHello, seeing $3 broke really put a lot of people unease with on the day it broke we were up 10% premarket than a dump of 5k shares and we've been falling ever since. Now long term still bullish and think we will recover out of this. Before we get into the descending wedge idea lets talk about related news.
News
-China reopening: gives hints of the buyers that backed out cause of the virus might reorder their 3d printers and we will be expectations again
-NNDM has a webinar on its tech on Friday at 10am-11am (not sure time zone) source is Phytect New Dimensions (no idea who they are)
-Today someone purchased/filed that they now own 9% of the shares of NNDM (bullish cause why would you take a stake in a company if you think its not gonna go anywhere)
-NNDM decided to take themselves off of the Isreal market and if you have shares you'll get 50:1 from that market (probably due to the fact theres no volume, so I don't see this as bad news and think its great with more liquidity can come into the US market or even the Germany one which is trash volume for NNDM ticker 2N5B)
Thats all the News I have overall not bad and hugh volatility coming up, TA
-Now one source has us going to 7.5, but lets get pass $4 first lol
-We broke the 2.98 support and headed down, so i decided to look at the chart and noticed we are forming a wedge so i looked up a descending wedge pattern, yet this could be one but I can't really tell since the rsi is oversold and we having shit volume.
-the descending wedge is the doted purple ines heading down that inch closer with them meeting at the 2.30ish range
-Yet we are still in an uptrend shorta at 2.39 being the low
-So theres two plays that are bullish
1. We are in a decending wedge and looking for a breakout tomorrow or Friday which is where the wedge cross/meet
2. We go double bottom at 2.39ish range
-The ema on the ext hours have dipped below 2.70, so a bounce back to that area is likely since its still in the decending wedge, so we are looking for a breakout of 2.70 to confirm this was a descending wedge
-First target is 2.98 than a range between 3.42-3.90 with 3.31 thrown in there. With last $4
Now i personally decided to use the rest of my money and bought more shares at 2.62 with my average in at 1.60. Again i think this sell off is done and think its just now overblown with moon buyers selling off if you take a look at webull free stuff on the app. You see the short term buyers/sellers are high meaning people bought than they just sell seeing it drop. Wish guys the best of luck and still think the next 60 days is bullish.
NNDM testing yesterdays moveHello, everyone and like before warning of a dump was common in a penny stock catagory and well we got it, so should you buy, hold, or sell? Well you know me the tech with company is amazing and I believe its undervalued as a whole. I have re-entered a postion at 2.7 and 2.5. Now looking at the chart we are testing the range of a support area at that 2.98 range this morning, but its premarket. Most of the investors are bearish cause of the "undervalued" buy at $2 NNDM did.
Now about this offering this was in talks assuming it started at the $.75-$1 range, which me made to think this idea that NNDM was actualy getting a great deal at the time, until they got that technology breakthrough which nobody can predict when stuff like that happens. I'm still bullish on the fact that they spent more money on R&D than their earnings. They even cut operation cost. Now I'm probably hyping you guys up so sorry, but lets go on to TA than more discussion on why the bullish out look is the strong.
TA
-We are testing that 2.98 range premarket and have pumped instead of dump, yet its 50/50 yet I don't believe we will hit $2 if we do dump
-EMA is at the $2 area ironically, but is bullish, yet a dump to $2.12 could happen, so put buys around $2.20-$2.30 if you dca
-We already had a pretty good correction at 2.40 giving it a 50% correction, but like the graph shows a 70% to $1.44, for my crypto friends. Is a possibility, yet i think sub $1 is out of the picture for now.
-MACD is bearish, but could be turning bullish on market open.
-RSI is overbought, yet we are dealing with an unusually moment.
-Target is $4.09 if we are gonna go sideways and weed out the moon buyers.
Now the news
-NNDM has tweeted out that the US air force is looking into using 3D technology on is future weapons, which on money saving its the smartest this thing they can do to cut military spending, so NNDM technology could be used to design the next military weapons and even gear.
-The $2 offering of roughly $35million dollars go live today, not public one investor. i think this is good and shows that investors have confidence in NNDM for the future.
-Alot of analyst are putting this as a buy and some have taken NNDM out of the penny stock territory and valuing this as actual company.
Now again im long on NNDM long term and see great potential, yet it was the moon investors, that have been caught and has increased our selling preasure. I believe my postion at 2.50 is safe, yet 2.7 might test my manhood on holding. I do see more bullish momentum the next 60 days.
NNDM Hello, i would like to talk about my fav stock atm. Disclaimer I bought a large positon at .75 on RH and a small postion on Webull at .77. NNDM is in the 3d printing business which is valued at 9billion dollars and I believe its gonna be a trillion dollar business is the future due to demand for technology innovation compared to raw materials we have.
NNDM 3D prints such technologies and came out they just 3D printed a 3D touch sensor. This is my first time charting this, so this TA will be a Neutral till I can chart it a few days out. Just at face value since ipo it has went from $75 to a low of .55 centish.
Now if you look from since the dump after the second public offering we have just broke the down trend line and we are looking to hold the 50ema on the hourly, which if we do its bullish.
TA
-First targe was/region of interest is .8248 , Second is 1.094 and Third is 1.2377 . These targets are based on swings in dumping and pumping at that location. To remain bullish we need to stray above the 50ema or stay in a steady uptrend line with lows as of .7642 or going up .7583 going up to .7701 by tomorrow. Remaining above that price would be bullish.
-MACD is bullish and coming off of over sold levels
-RSI Neutral
-Watch zone .7169 and .7461
I took a stake into NNDM due to the demand for electronic products and growth of pushing technology innovation and seeing its MC is 3million dollars give or take, there is room of growth and has been getting new partnerships and contracts in the defense department. 3D printing technology in my eyes will dip its toes into the Technology market worth $5.5tillion dollars. defense market worth ove $600 billion, and space market (speculative) over $360 billion with it hitting $500billion in 2024. All these sectors will need complex technology components that NNDM can offer.