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[ddm1082]

The big thanksgiving dip was across the whole 3D sector. SGLB bounced when others like DDD, VJET, SSYS bounced. That is why I am so bullish SGLB at this level... because the sector leader DDD is running hot while SGLB dropped 20% intraday today.


.17 was the number I was watching as it was support for a few days along the MA(50)... when MA(50) support broke I anticipated a drop to MA(100) of .0133 as seen today.

The big volume at the level shows loading and could be the first sign of a bullish reversal. Especially if the close is where it is currently trading .16+. Tomorrow will be needed for reversal confirmation.

FullSto is oversold, RSI not as much but dipped pretty low when it was in the .13s today.

As for long term trend reversal checkout indicator "Directional movement w/ADX"
When the green line crosses back over the red it will be even further confirmation of a bullish reversal.


Oh and thanks for the compliment!