DDD - Let's print a Yoda head for my desk!

3D printing does have a lot of buzz about it the last year or two. It is a blockbuster technology with potentially huge ramifications, but it is still in the early years. No one I know who does not regularly follow the markets has ever mentioned 3D printing. It still looks like it is being  used to produce artsy knick-knacks and specialty parts for the general public.

The daily chart shows a significant correction, but now the stock price looks to be on the move once again, with good support at $28. RSI and MACD are turning up, might go on another little run here.

The weekly chart is showing a nice longer updwards trend, followers of Elliot wave may notice that the 5fifth wave does appear to be under wave, so be cautious, ride the 5th wave for the short term, but be prepared to drop out if the wave collapses into the first down wave.

Ok, so time to put all this to the test, I am using a practice account set-up with real-time access, I start with $100,000 CAD, I bought 300 DDD today during market hours at $35.50...let's see how it does. this is the first position in the portfolio.