Back in 2012 and 2013 3D Printing stocks were one of the hottest groups in the market. Their meteoric rise was met with a historic collapse as the printers are seen as little more than expensive toys.
MIT researchers have designed a new strongest material in the world. How did they do it? 3D Printing a specific structure.
Finally! The 3D printing industry can be seen in a positive light. While there is a lot of ambiguity about the future of the industry, it is clear that there is at least a window of hope. There are finally some positive vibes coming to the stocks and really that’s all you need when sentiment is apathetic.
Before we continue, I think there other value add points in the article. Specifically the idea we might be using new materials to build things.
Ok, so we have this great investing idea. Let’s now look at some of the stock charts.
The two big stocks in the industry are 3D Systems (DDD) and Stratasys (SSYS)
DDD has formed an incredible base after a sharp early 2016 rally. It appears to be just a matter of time before the stock breaks out. We could look for at least an 8 dollar move out of the pattern.
SSYS is testing a 2 year downtrend. The stock has fallen from 140 to 20. If it can clear this resistance, SSYS owners could be in for a double this year.
One other stock that popped up on my radar is MTLS. It’s also coming out of a 2 year base and saw some great volume flow last week.
It’s really nice when some good looking charts and a catalyst for investment and R&D show up at the same time. That’s what we have here and there could be some huge gains in the 3D Printing stocks this year.
Trade ’em well!
Full Disclosure: I have no position in the stocks mentioned as of publishing (2/11)
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