DAILY CHART
$DDD is down 7.92% after-hours due to the company announcing a release of 1.3 million mixed shelf securities seeking to raise $250 million with an underwritten public flotation. This is great news because the company aims to expand their cash to continue what they have been doing since their onset; R&D and strategic investments. However, $DDD currently stands at a PE of 96, making investors a bit skeptic about the stock being "expensive". Let's take a glance at both pictures above, the first one indicating a strong uptrend with several gaps that have been partially or completely filled. The white mark present in the top image is where price is currently trading after-hours. Levels where gaps start are usually good S&R worthy of consideration. If price falls much lower, we could see $DDD around the 38.20% Fib line; if the downward momentum persist, I see price reaching the Gann 4x1 angle, or even much lower at the speed-line indicated on the top daily chart.
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