3-D Printing Stocks: Blown Their Load, Run Out of Ink

The 3-D printing stocks have been all the rage over the last few months. This new, exciting innovation seems to be where retail investors are flocking over the last few months. That should be a huge warning itself. 3D Systems Corporation (NYSE:DDD) is trading at $70.21, +4.39 (6.67%). From the 2012 lows, the stock is now up a whopping 370%. Another 3-D printing stock is Stratasys, Ltd. (NASDAQ:SSYS). This stock has run over 200% from its 2012 lows. Both of these plays are at 52 week highs and chatter on message boards has reached an all time high. Message boards are online piker forums and should be taken as a contrary indicator.

Considering the extended new all time high moves, the increase in volume (distribution),  and the message board hype, these stocks should see a pull back shortly.  On DDD, a short level could be seen as $75.00, if hit by tomorrow. Cheers!

About Gareth Soloway 168 Articles

Affiliation: InTheMoneyStocks.com

Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial advisor, helping clients get their financial houses in order. While helping others gain financial independence, he continued to study the day trading and swing trading world, developing a unique market philosophy and proprietary methods. Following his work in the financial sector, Gareth went on to trade alongside professional traders. Unable to tolerate the hype of Wall Street any longer and having an amazing ability to profit using his developed techniques, Gareth Soloway decided to partner with his friend and colleague, Nicholas Santiago to form InTheMoneyStocks.com. Chief Market Strategist Gareth Soloway serves as the president and CFO of InTheMoneyStocks.Com.

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