RE: Beginners Questions
Technically it's a hard call. Have we seen short term panic lows in 3DP or will there be another tidal wave of selling? Stan W would say avoid them like the plague because they are mostly below their 150 day ma's which appear to be rolling over.
They do look short term oversold below their 50 day ma's, which they will usually rally back to, but why trade against Stan's method?
(2014-04-08, 02:47 AM)goodtyneguy Wrote:(2014-04-07, 01:47 PM)Tryst Wrote: Hi all,
I wasn't sure where to post this question, so thought maybe this is the best place...
I want to start looking at companies that are involved in 3D printers. Does anyone know of any? It can be on any exchange, but preferably LSE, though I doubt there is any on there right now.
Thanks in advance.
You may be interested in Sigma Labs NASDAQ:SGLB It's a very speculative penny stock. I got in on a secondary entry when it stabilised around the break out level of the last stage 2 continuation move. For the alert and eagle eyed among you, I did break the never buy below the 30 wma rule but I was satisfied it was finding good support at the 200 dma.
You may consider it is still at a low risk entry point depending upon your money management and appetite to risk. You may be able to get Selftrade to add it to their platform if you want to put it in your ISA. I wanted to post up a PRT chart but on some stocks its including white vertical lines all over the place so had to settle for a less elaborate chart. In order for me to establish if it's a local issue perhaps you can tell me if it's the same at your end.