besides the fundamentals, the chart has a lot to offer
we can see here, that it can be at the top, almost ready to fall back, even to $4 per share.
tho, as we can also see here, it can also be the last low, after that we will see a parabolic upturn, that could drive the price +10x in less than 3 months.
or else, as we can see here, price is at top of the channel, ready to go down to the previous high, the now support (which worked as resistance for almost 5 months), before we can see any other upturn.
and can also be sideways nearly until the end of April, as we see here with this flag, waiting for the MA200 to get closer and offer support for more gain.
anyway, we have to keep in mind, RSI and MACD are all overbought, volume has almost been the same since this started climbing, which is synonymous of people's attention, at least. and also that NNDM has a 30% short float, according to finviz data.
if we want to talk about market cap, it is up to now, worth almost 800 Million.
if it, let's say, do a 10x (as we said as an option), the company will be worth 8 Billion dollars.
those are all different possibilities, I CAN NOT know which one is gonna be real in the future, but I know, for sure, this stock seems everything else than easy to predict.
play it carefully, keep in mind that those so much spoken among investors have high volatility, and so you could "win" doubling your value or losing half or more of it, in just a single day.
a lesson for everyone: as you do analysis about something, consider that your POV could not be the right one, or, more probable, could not be the only one. that's why we all should always consider something through someone else POV and change our first impression, by starting again with a free mind. (in order to have those 3 possibilities, I had deleted all the previous ones, and made a new one, totally based on something new, that I had not thought about before)
we can see here, that it can be at the top, almost ready to fall back, even to $4 per share.
tho, as we can also see here, it can also be the last low, after that we will see a parabolic upturn, that could drive the price +10x in less than 3 months.
or else, as we can see here, price is at top of the channel, ready to go down to the previous high, the now support (which worked as resistance for almost 5 months), before we can see any other upturn.
and can also be sideways nearly until the end of April, as we see here with this flag, waiting for the MA200 to get closer and offer support for more gain.
anyway, we have to keep in mind, RSI and MACD are all overbought, volume has almost been the same since this started climbing, which is synonymous of people's attention, at least. and also that NNDM has a 30% short float, according to finviz data.
if we want to talk about market cap, it is up to now, worth almost 800 Million.
if it, let's say, do a 10x (as we said as an option), the company will be worth 8 Billion dollars.
those are all different possibilities, I CAN NOT know which one is gonna be real in the future, but I know, for sure, this stock seems everything else than easy to predict.
play it carefully, keep in mind that those so much spoken among investors have high volatility, and so you could "win" doubling your value or losing half or more of it, in just a single day.
a lesson for everyone: as you do analysis about something, consider that your POV could not be the right one, or, more probable, could not be the only one. that's why we all should always consider something through someone else POV and change our first impression, by starting again with a free mind. (in order to have those 3 possibilities, I had deleted all the previous ones, and made a new one, totally based on something new, that I had not thought about before)
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