Amaero's Certification Drives Velo3D Up 12.5%, Strengthening Industry Optimism
- Velo3D (NASDAQ:VELO) shares rose 12.5% pre-market after Amaero's C103/Ti64 powders met qualification standards, boosting additive manufacturing sector confidence. - Price consolidation above 0.236 Fibonacci level, combined with Amaero's 445% revenue surge, signals potential 1,500% rally according to technical analysts. - Strategic partnerships with Titomic and Knust-Godwin strengthen Amaero's role in U.S. mission-critical component supply chains for defense/aerospace sectors. - Velo3D's $118M market cap
VELO (NASDAQ:VELO) experienced a 12.5% jump to $6.67 during Tuesday’s pre-market trading, as traders observed the stock holding above the 0.236 Fibonacci retracement mark—a technical formation that, as noted by
The stock’s recent gains aligned with Amaero Ltd’s disclosure that its C103 and Ti64 powders have achieved Velo3D’s qualification, marking a significant step for Amaero’s growth into the defense and aerospace sectors, according to
Technical analysts emphasized the importance of VELO’s current trading pattern. The 0.236 Fibonacci retracement is a widely used marker for support and resistance in equities, and historically, breakouts above this level—especially when supported by strong fundamentals—have led to significant upward moves. Experts believe that VELO’s consolidation above this threshold, along with its recent partnership achievements, could set the stage for further gains.
This pre-market rally also mirrors a broader sense of optimism within the industrial and advanced manufacturing arenas. Velo3D’s valuation has reached $118.0 million, and investors are watching closely to see if the company can maintain its momentum amid intensifying competition in the 3D printing sector. At the same time, Amaero’s strategic partnerships, such as its exclusive supplier deals with Titomic and Knust-Godwin, further reinforce its influence in transforming U.S. manufacturing.
As these updates unfold, traders are expected to keep an eye on crucial resistance points and trading volumes to assess whether VELO’s rally can be sustained. For now, the combination of technical signals and positive business developments has reignited interest in the stock, though analysts warn that volatility remains a key characteristic of this industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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