June 5, 2018
Trades & Tutorials
By Geoff Bysshe
Mish was recently interviewed by Real Vision (an on-demand financial TV channel), and she was asked for trade ideas to share with their premium members.
She covered 3D Systems (DDD) in detail, and Real Vision has just given us permission to release the full interview!
This timing is perfect as you’ll see from the current chart (and full interview posted here).
In the video below, Mish covers the big picture prior to the break over the 200-day MA.
The DDD chart below shows a few more recent principles for identifying good swing trades such as…
The recent flag back to the 50-day MA that bottomed 5 days ago also lined up with the high of the biggest volume day on the chart.
Yesterday, was the first close over the 10-day MA since the flag bottom, and if you look at an intra-day chart you’ll find it did so with a strong opening range breakout.
This chart suggests that a pullback toward the 10-day MA could provide a good trade opportunity with a stop below the 50-day MA and the flag low (11.79).
And as you'll here in the video interview, Mish sees big upside.
Daily Chart of 3D Systems (DDD)
Mish's full interview with Real Vision