18Jun2:39 pmEST

Are We Getting Trashy This Summer?

If we do see some buying frenzy into July 4th, keep an eye on lowly DDD in the left-for-dead 3D printing space.

The heavily-shorted stock has a been a bastion for bears, as the steep downtrend has not seen much of a reprieve for trapped bulls who are convinced of the bull thesis. 

Still, you can see a bullish RSI divergence to price on the top pane of the daily chart, below. And if current market conditions persist we may finally get that squeeze. Holding over $21 would be a decent first step, before $22 looks to be the next big level to break above.

This is a trashy, high risk play in many regards. So there is nothing wrong with taking a pass if even the idea of playing DDD makes your stomach do 3D somersaults. 

The Biotech Three Party Stock Market Recap 06/18/15 ...

 
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