r/DDDInvestors

Unfortunately, for the second day in a row, DDD tested the previous 1D resistance and got rejected. Seeing it fall relatively hard today despite a lot of other stocks doing well was a little hard to watch. We also are below the 1 Week support but it's only Monday so we have a lot of time to see how that plays out.

To be clear, nothing has changed with the thesis. News attached even bolsters confidence.. But I am curious if we are going to expect a bit of short term red action. Still long.

I would argue that a lot of the movement this week downwards was because of broader market issues. Nothing has changed fundamentally. I attached a recent snapshot of the news, which is always helpful for rebasing myself (can reference on TradeRadar if desired).

The move down might have felt unexpected but we can't have green days without red days. If you look bigger picture, we are still perfectly on trend on the 1 week timeframe. Additionally, I even called out the big gap we needed to fill, which in this case highlighted a decent chance that we needed to flip red for a little bit. Everything seems normal to me.

Thoughts for the coming week? I'm feel pretty optimistic tbh. The long term thesis hasn't changed.