Here is my take on Stratasys (SSYS). (April 18, 2016)
I want to look at Stratasys ( NASDAQ:SSYS ) here, and here’s why: Not too much is happening with the stock. It got crushed on Friday and then today, on Monday, the stock has stabilized right here. I like this type of price action because the stock comes up to the 200-day moving average and fails. It finally gets up above it, falls back down below it, and now seems to be holding, that’s a bullish reversal of this downtrend. The company reports earnings on May 9th, so it has plenty of room to move between now and then. I would just suggest this: If you’re interested in owning this stock go ahead and take some, take a little bit. Just as a function of risk management, keep a stop just a little bit below 25.00, so it’s a fairly tight stop. And then as Stratasys ( NASDAQ:SSYS ) lifts off above the 200-day moving average then you take a little bit more stock. So you’re kind of increasing your cost basis, but it’s on a winning trade; it’s on a trade that’s working for you, and that’s what you really want to be doing. Free Chart