3D Systems Thinks Its Silver 2011

Silver 3D Systems is crashing!  In early 2011 it was ‘silver to $100!’ and in 2013 it was ‘think of the disruptive possibilities of an army of hobbyists with MakerBots [I know, that's SSYS], Hershey Co. printing candy and Superbowl players wearing 3D printed cleats!!’

So the 3DP’s are bouncing off their hysterical lows today.  I suspect the lows will get even more hysterical going forward, just like those of silver post-2011 and crude oil post-2008.  Remember the crude oil thing?  Peak oil everywhere you looked.

Here is the weekly chart of DDD showing a likely future landing spot (temporary or otherwise) in green.  I think this like so many other aspects of the market can continue to bounce now to set up new shorting opportunities.

The chart shows the ‘Cup’ that we so innocently reviewed back in 2013 before the most unsavory elements of whatever that thing is we call ‘Wall Street’ got involved.  Everything since has been pure promotion.

ddd

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