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type568
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Started to dedicated serious amounts of time to trading investment in the 2010s, some times after the financial crisis during the studentship, which has essentially changed my personality from a passionate programmer in to a passionate trader and investor.
  • XONE, The Latest Buying Opportunity (Technical Analysis) 2 comments
    Oct 22, 2013 2:04 AM | about stocks: XONE

    As all rapid prototyping stocks XONE is experiencing astonishing growth. However, unlike most of the other stocks of the industry which are currently testing their historical maximums, XONE is still down quite a bit.

    (click to enlarge)Heavy support around 49

    49 is price value that has been a major level since being touched for the first time in May 2013 up to date. It is also slightly below a fibonacci level, and is slightly above a parallel line touching recent low.

    My target is 70+.

    Disclosure: I am long DDD, SSYS, XONE.

    Additional disclosure: I'm also long ARCAM that is missing for the system.

    Themes: Technical Analysis Stocks: XONE
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  • type568
    , contributor
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    Author’s reply » And so we got the highest close in three months. In addition to the target of a new high, there can be another interesting target: a parity with DDD stock price. Due to the facts XONE been higher than DDD in the past, & that XONE is (arguably) to grow faster than DDD we could hit 90+ in the upcoming months.
    27 Dec 2013, 06:01 PM Reply Like
  • type568
    , contributor
    Comments (101) | Send Message
     
    Author’s reply » Well, I still do hold my long. I have increased my position for 41, 42.5 & I'm still looking to buy the final chunk.
    However, although I admit I'm underwater with this thing, I will be surprised not to end this year around 100.
    However, should one has taken my "70+" target as a sell limit for 70, they would've caught the very tip of the top.
    7 Feb 2014, 06:53 PM Reply Like
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