Replies to post #2403 on 3D Systems Corp (DDD)

[bsdvs23]

$DDD: Not a fan of the current TA... Extremely oversold with relatively average volume. Support absolutely needs to hold to avoid testing the 57.50 area from Feb. 6th.

The Descending Triangle was a solid warning of things to come and support not holding on March 6th and 7th proved the strength of this downtrend.... Speaking of Strength.... It appears to be flattening out a little, so we could see a bit of consolidation and perhaps lower volume...

Still waiting for a sign of a trend reversal here.... As always, news can have a significant affect on this chart in either direction, despite current conditions....

17% of volume was short yesterday... Yesterday's final hour shows a small glimmer of hope for a bottom; however, confirmation is needed and the overall chart needs to signify this turn of events.

This could be a solid loading area BUT I'd wait for confirmation of the bottom and a trend reversal or you could be holding on a continued downtrend and be forced to sell at loss or averaging down.

BOTTOM ON WATCH RADAR $$$$

B!

[Santa Barbara Broker]

DDD will open around $60 and plunge to the mid $50s. Last stop $35.00 or thereabouts by June. Do not expect recovery of any sort until well after September 2014. No, I'm a long...not a short. Just calling it like I see it. We sometimes forget that stocks, even tech stocks are priced according to earnings and growth potential. DDD has very little of either to justify a share price over $40.