The ExOne Company manufactures and sells three dimensional printing
machines and printing products in the Americas, Europe, and Asia. The
company provides Max, Print, Flex, and Lab machines that enable
designers and engineers to design and produce industrial prototypes and
production parts; and ExMicro Orion machine, a laser micromachining
product for conventional and exotic materials. It also offers associated
materials comprising consumables and replacement parts; and other
services, such as pre-print services, training, and technical support.
Take a look at the 1-year chart of ExOne (Nasdaq: XONE) below with my added notations:
For most of the year XONE has not been able to get out of its own
way. A peak at $70 was followed by a low at almost $15. Along the way,
the stock has created a very important price level at $25 (black). XONE
has also tested the price of $20 (red) as support for the 2nd time in
the last 3 weeks. At some point either the $25 or $20 level will have to
break.
The Tale of the Tape: XONE has key levels to watch
at $20 and $25. Long trades could be considered at $20 or on a break
through $25. Short trades could be made at $25 or on a break below $20.
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