3D Systems Corp (DDD)

[bsdvs23]

$DDD: Little flurry EOD.....

But I am not liking the slight increase in daily bearish volume. Broke right through the descending triangle I posted Here from yesterday....

If this minor support line doesn't hold and we close below it, I anticipate a test to the lower BB @ 63.67 area... Our last MAJOR SUPPORT LEVEL is @ 62.31.

Tomorrow's open and early morning volume should provide us with warnings and signals into whether this continues downward or shakes out folks and rebounds towards the MA(20).

Overall: $DDD remains in oversold conditions.... Bearish Trend is reading strong on the indicators..... Rate of Change took a nasty nose dive along with the Money Volume, which has his extreme oversold territory....

I am looking for bearish volume to tapper and a bottom to be found here soon. Average volume over the last 2-trading days continues to be more than the 14 day average.... bearish cross on accumulation as well....

Reversal on Watch Radar with all the oversold conditions.... Let's find the bottom and set-up a reversal pattern... where that is no-one knows right now.

Until tomorrow morning... Take care all ~

B!