VoxelJet (VJET) - Buy or Sell? Buy VJET between $26-$28.
VoxelJet (VJET) stock saw a late day drop on Tuesday which might set up another fall on Wednesday. The VJET IPO opened at $19, rallied to $26, dropped to $21, and then rallied to $39 on Monday. On Tuesday shares failed to break out and closed near the low of the day, very bearish.
In my opinion, VoxelJet (VJET) stock is 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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