DDD trade ideas
DDD, daily bat pattern and a inside day combinationActually it could be a weekly bat pattern with weekly hammer combination, but I like this inside day a little more.
3D Systems got slumped after its poor 2Q result, and it consolidated for almost a month.
It's a relatively higher risk trade as I am not really that bullish on its fundamentals,either;
but as a harmonic patterns and price action believer, it's a nice trade set-up.
If it breaks down 12.63 before it breaks out 13.00 fig level, then this trade doesn't exist anymore.
3 D SYSTEMS - BULLISH AGAINWanted to share this setup, its really clean and simple.
Trade with care, and use stop loss. :-)
Blessings to you all.
Looking to Go Short on DDDMy initial analysis was long, but after the past two days my consensus is to be short with a stop loss at $18.10. Will watch the next 1-2 days for an entry.
New Long Position $DDD #trendfollowingHello Traders,
My most recent equity position is active. I'm long $DDD as it has broken out of the symmetrical triangle pattern it was trading within for 55 weeks.
I have highlighted accumulation volume with green arrows. I have also plotted out the Fibonacci levels to keep an eye out for.
Anyhow, good luck. Trade smart and with a plan. Cheers. =)
