DDD
DDD - Upward channel breakdown short DDD broke down from a rising wedge formation, Met the target & now seems breaking down from an upward channel.
Trade Criteria
Entry Target Criteria- Break of $12.34, aggressive entry break below $14
Exit Target Criteria- $11.56
Stop Loss Criteria- $
You can check detailed analysis on DDD in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 10:45"
Trade Status: Pending
We discussed further in Thursday trading room -
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TRADE IDEA: DDD OCT 21ST 14 NAKED SHORT PUTLooking to either (a) keep the premium; (b) get put the stock cheaper, after which I'll proceed to sell calls against ... .
Metrics:
Probability of Profit: 75%
P50: 84%
Max Profit: $59/contract
Break Even: 13.41
DDD- Steady rise in 3D system expected...Out of hype downturn and into the growth phase... Buyout is possible but i hope they don't now...
(D) Potential Bullish Trend. S2 pivot support. OBV healthy.If bullish momo continues, ema50 may pose some resistance before testing the resistance of S1 pivot.
MACD recent Bullish cross over. Plan and stalk your trade.
$DDD (D): Solid two year crush. Gracing top of bearish channel.Resistance near R3 pivot. No need to rush in long despite SMA50 (Red MA) having a positive slope and SMA200 (Black MA) slowly becoming flat sloped.
Expecting some near term profit taking. As long as there is support near 8.50 and your technical and fundamental analysis conditionals are satisfied, be patient and stalk your entry.
3D Printed Crystal BallJust jamming what I see in the tea leaves for this stock.
Rally up to break bear trend channel. Pull back to fill gaps around 8.30 and 7.55 before rally back up and heading towards $10.
DDD Navigating a bottom feederI see that on the daily chart DDD selling is stalling and flattening out.
It seems to be working on a triangle here at the bottom.
So I've charted out a few ways one could enter this long side.
DDD seems to be consolidating inside the triangle. There could be several buying strategies.
1. buy the breakout (close above) of the diagonal green downtrend line
2. buy the breakout (close above) of the triangle green line
3. buy the breakout (close above) of the black dashed line @ 24.04, place stop at a future swing low
4. buy as close to the red line as possible
For:
1 - place stop 10c below most recent low in downtrend (i.e. 21.50 right now)
2 - place stop at red triangle line
4 - place stop at 21.18
All of these strategies could work and seem valid.
I tend to favor the first option as it buys on an up impulse, yet keeps your stop fairly close.
5/10 wk MA x-overConsolidating recently. ER coming up 2/26, MA x-over on watch today through earnings before ER play.
DDD D1Downtrend. The target area 28-31. If there will be large volumes, i will open long positions at this levels with the target - 44.
DDD - Finding support, use SMA(100) breakout as signal- MACD bottomed out.
- Fisher Indicator bottomed out.
- Price seems to have found support at resistance of the previous breakout.
- Price was highly speculative on takeover rumors, but has seemed to settle.
- Nice profit/loss ratio with a tight stop.
- Use SMA(100) as a breakout signal
