The ExOne Company (XONE)

[BennySlots]

I'm with adeezl on this.

Although I don't hold any of them for more than a few days at a time, I consider myself long on all 3D printing. And I think XONE has a great niche going with metals. And I'm sure that long term it'll continue to go up, do a R/S, and all that jazz.

But, the price on this has doubled in ~3 months. Not even once has it tried to test the daily 50 MA. That's great! But it can't last forever. At some point it has to take a breather.

On top of just a gut feeling that this needs to consolidate a bit here, there's a lot of chart indicators that say we may slow down for a bit:

- The weekly RSI is about to breach 70 again.
- The last 4 daily bars all topped out squarely at 52
- The daily RSI has lower peaks while the price moved up
- The daily MACD histogram has lower peaks
- The daily Stochastics has lower peaks
- The daily +DI has lower peaks
- The daily pSAR is getting close to flipping

Don't get me wrong, I'm not saying I think it'll fall on it's face or anything. It may just develop a sideways channel for a bit. But I'd be really surprised if we reach 60 without some kind of consolidation first.