IBD: Market up-trend resumes, so doe XONE

GMI5/6
GMI-23/9
T210839%

After only two days since calling a correction, IBD now sees the market back in an up-trend.   I am not the only one who can get whip-sawed by this market. The GMI Buy Signal remains in effect since late February.   It will be important to see if the snap back rally on Thursday can continue into next week. Interestingly, XONE, came right back with the market on Thursday. I am holding this position, based on the exciting 3D printing concept. Note how XONE has found prior support at its 30 day average (red line). The ideal buy point for me would be at that average, but who knows if it will bounce there again? It all depends on the strength of the market.

XONE06122013