April 25, 2013
My 3D Systems stock purchase (DDD) is doing great. Current price is 35.50. Purchase price was 29.30. It hugged the 200DMA for some days, then has moved higher. The 200 DMA did its job, which is to provide long-term support for a stock. I moved my GTC stop-loss order to 30.50, just below the 200DMA..
The stock is not above the 50DMA also. It should move higher to try to test its old high in the weeks and months to come (as long as earnings remain strong, and the overall market does not fall into a correction).
Learn the secrets the wealthy use to become wealthy in this FREE eBook. It’s a must for anyone who wants to become financially successful!