Tuesday, May 26, 2015

3D printing (DDD) another leg down?

Researchers from Gartner believe that the Hype Cycle for 3D printing is as follows:

Price chart of one of the largest 3d printing companies is the following:

Since January 2014 DDD is in a bear market that led price from 100-ish level to 20's currently.
We believe that another (last?) leg down for DDD, towards 18-18.5 zone, is in the cards.We expect a significant bounce from these levels.  

Tuesday, May 12, 2015

Gold near crucial pivot

A quick update today:

Gold is approaching the current crucial pivot of 1170$
If it breaks below 1170 then 1130$ is a very possible immediate target.
GDX (Gold Miners ETF):Crucial pivot @ 18,4$.If it breaks below then 14,8$ is a reasonable target  

Tuesday, May 5, 2015

Gold ready to move towards 1250?

Gold is currently forming a descending broadening wedge which according to Bulkowski (http://thepatternsite.com/dbw.html) 79% of time leads to a breakout (upmove).So we stay with our previous (Gold and Miners ahead of FED meeting) view...