3D Systems Corp (DDD)

[ospreyeye]

$DDD Chart from yesterday - drop it like it’s hot – 6 red candles in a row – breaking through lower Bollinger Band @ 8.67 support – the green descending line is the next support level after the lower BB – EMA 4 @ 9.24 is the key level to break – as this chart shows it’s been resistance during the pullback – Fast STO @ extreme oversold levels – RSI hitting the 30 oversold line – MACD line heading south – a close below the lower BB would signal an extreme move to the downside – on a bounce the trade is between the lower BB and EMA 4 – EMA 4 is the sell zone until $DDD closes above – a close above EMA 4 puts EMA 8 @ 9.74 on deck – the downtrend will continue until the middle Bollinger Band @ 10.78 turns into support –