After hitting new multi-year lows in February, Stratasys (SSYS) has slowly started trending up to where the stock might finally break the downtrend. One possible reason is this smooth robotic 3D printer that appears to be a game changer. Per the company:
Stratasys recently previewed its new Robotic Composite 3D Demonstrator at IMTS 2016. This game-changing additive manufacturing system combines Stratasys' advanced extrusion technologies with Siemens’ motion control hardware and PLM software.
At nearly $24, the stock is on the verge for the first move above the 200 ema in over 2 years. With strong support around $20, investors have limited risk on the downside.
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