Stratasys, Ltd.Long
SSYS Price Action Analysis
SSYS is an industrial 3D printing company.
Price action is suggesting we have formed a bottom around 10.
If we have a nice close bullish close, above 11.37 in the next couple of day, then the bottom should be in for now.
Stop can be placed below 10.55 and first target is 23.6% Fib at 12.70 (there is a gap there which will acts as a magnate for prices).
Ultimately, 14.40
Price action is suggesting we have formed a bottom around 10.
If we have a nice close bullish close, above 11.37 in the next couple of day, then the bottom should be in for now.
Stop can be placed below 10.55 and first target is 23.6% Fib at 12.70 (there is a gap there which will acts as a magnate for prices).
Ultimately, 14.40
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