Bridgewater, MA -- (SBWIRE) -- 03/18/2013 -- The StockConsultant stock screener has found 3D Systems Corporation (NYSE:DDD) a stock holding strong support with excellent upside trade potential.
3D Systems Corporation (NYSE:DDD) founded in 1986 and headquartered in Rock Hill, SC is a company that develops and manufactures 3D printing for rapid prototyping and scanners for medical and mechanical X-Ray film digital archiving. DDD has pulled back for the last two months and now is holding the 200 day simple moving average and strong triple+ support area at 28.
DDD abbreviated support and resistance areas:
CURRENT PRICE 29.78, at support, 28.99 ± 1.16, type triple+, strength 10
RESISTANCE ABOVE +3.3% at 30.76 ± 1.23, type single, strength 5
+15.4% at 34.36 ± 1.37, type double, strength 6
SUPPORT BELOW -13% at 25.92 ± 1.04, type triple+, strength 7
-18.5% at 24.26 ± 0.97, type single, strength 1
DDD upside trade details:
TRADE QUALITY 95%, Excellent
TARGET 1 Price: 36.44 Profit: 22.4% , for a typical rally.
Stop Limit/Trailing Stop Limit: 27.98 Loss: 6%
Profit/Loss Ratio: 3.7 : 1 - Good
Full DDD stock report with charts and analysis
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