Like a lot of stocks I'm looking at,VELO 3D has a similar outlook for me.

The midterms in America usually brings opportunity to buy, I don't see this time being any different, several of the stocks I'm watching have a similar outlook as this (downside).

The possibility of the FED raising rates in September is on the cards imo and this will bring the stock market down with it, no real conclusion with Iran is also hampering the situation, and then we have the midterms in Nov.

Be patient.......

This is only my idea and not financial advice.