Symmetrical Correction for Stratasys?

Stratasys (SSYS) has made some key upside targets from a setup in the past, but now is providing what is starting to look like a symmetrical correction within a healthy uptrend.

I identified two key support decisions that come in above the Aug. 7 low. As long as price holds above that low, I still see some upside potential. The first zone comes in at the $92.49-94.14 area. The second zone comes in at $90.71-91.82. As long as price holds above either of these areas, I'm willing to place another bet on the buy side if one of my entry triggers fires off. My risk can be defined either below the price cluster of support or the low that is made prior to a buy trigger firing off. I cannot calculate the exact target until a low is identified, but I would be looking for something around the $107 handle for a target on this trade setup. ...229 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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