Best Stock Picks Today | DDD Soars 104% 1-8-21

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Why 3D Systems Stock Just Exploded 84.5% Higher

3D announced the successful sale of its "non-core software businesses for cash proceeds of approximately $64 million."

It also added a preview of its Q4 2020 financial results, predicting that revenue will far outperform analyst expectations and come in between $170 million and $176 million for the quarter. Source:

s the stock market reached new all-time highs, (SPY ETF) many stocks soared to impressive single day percentage gains.

Today we're looking at trading the "bullish echo." Many of these stocks such as MARA and RIOT have achieved most of the accepted profit potential for a new swing trade, so we're creating a trading game plan to day trade these stocks and wait for a new swing trade entry.

Electric vehicle stocks remain in play, TSLA, NIO, XPEV and LI top the list with BLNK and WKHS rounding out the group.

NIO Day is January 9th 2021 and we're expecting good news about a new sedan and improved batteries. I see the news pushing the stock to new levels. I'm expecting a target area into the 70's before the end of the month.

WKHS sets up differently as the bullish news and swing trade we called earlier in the week is nearing resistance. So the next trade that makes sense is over $29.

Semiconductor stocks are seeing solid order flow. AMAT, ADI, MXIM and MU are stocks from my watch list to consider.

BA news should see some life come back into the stock today.

pete renzulli

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