VoxelJet (VJET) - Buy or Sell? Buy VJET between $26-$28.
VoxelJet (VJET) stock continued to pop on Monday but saw a $7 pullback in the afternoon. The VJET IPO opened at $19, rallied to $26, dropped to $21, and then rallied to $39 on Monday. On Tuesday, I'm expecting more selling pressure as this IPO went parabolic.
In my opinion, shares of VoxelJet (VJET) are a sell until the $26-$28 is tested. VJET is in dire need of a crash to squeeze the day traders out.
VoxelJet (VJET) will have support at the following levels - $32, $28.80, $27, $26, $24.50, $21.
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