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Wednesday, October 23, 2013

VoxelJet (VJET) Stock Analysis 10/24/13 October 24, 2013

VoxelJet (VJET) Stock Analysis 10/24/13 October 24, 2013

VoxelJet (VJET) - Buy or Sell?  Buy VJET between $26-$28.

VoxelJet (VJET) tanked on Wednesday but then bounced off $28.55.  VJET came close to my buy zone but didn't drop far enough.   VoxelJet (VJET) will now have resistance up at $31 and a break above that price will be bullish.

In my opinion, VoxelJet (VJET) stock is now a buy since the high end of my price target was almost tested. A lot of the weak holders have been flushed out of the stock and we could easily see a rebound soon.

VoxelJet (VJET) will have support at the following levels - $28.55, $27, $26, $24.50, $21.

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