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Consolidation Warning for 3D Systems

Today at the close a consolidation warning for 3D Systems (DDD) was issued.  Sentiment has been diverging from price for over six weeks and has now broken a fairly long term confirmation of the uptrend.  The last move in price to new highs didn’t generate a lot of positive sentiment.  This indicates that traders weren’t cheering the new highs.  I suspect that DDD might need a bit more time to consolidate above its breakout point ($50) and the 50 day moving average before it can move higher.

Twitter stock sentiment for 3D Systems (DDD)

 
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