NNDM Nano Dimension Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NNDM Nano Dimension prior to the earnings report this week,
I would consider purchasing the 3usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Nanodimension
#NNDM REVERSAL TARGETfirst sign for strength for our stock is if we close 1h candle above the 3.94$, and the biggest sign is above the 5.25$, where we see a reversal for our bearish trend , and if we still never over come our resistant at 3.94$, we will see gravitation of the price till near the 2.21$.
$NNDMNano Dimension is an Israeli-based company that is active in the field of 3D printing of Electronics, most notably printed circuit boards (PCB). The company developed printers based on additive manufacturing (most importantly the DragonFly) that uses two kinds of "inks" - conductive and dielectric non-conductive layers. These printers sell for around $400,000 and usually also lead to recurring revenues of annually $40,000, generated through service contracts and periodic ink sales.
The industry is still at a very early stage - so far the company has only sold 60 of these printers. Also, there is still no other company that can offer a comparable printer. While having a monopoly in an industry usually is beneficial for a company, it could also indicate that no other company believes in the potential of additive manufacturing of PCBs.
From a financial point of view, there is not much to analyze yet as the company has barely any revenue. Currently, the two most important figures are cash and the cash-burn rate. As of the second quarter of 2021, Nano Dimension had roughly $1.4B of cash on its balance sheet, while also being debt-free. As the market cap of the company is only slightly above that value ($1.55B), it implies that the market values the actual business to be close to worthless. Based on the second quarter the, the company loses around $20M per quarter (of which 50% is made up of cash and 50% is made up of stock-based compensation). These losses are certainly going to increase as the company plans to more than triple the number of employees until the end of 2022 in order to be able to faster advance the technology and simultaneously also focus significantly more on sales. With a cash pile that is gradually getting smaller, so will the stock price if there is no tangible operational progress.
On the technical side of things we can see price is bouncing around in a small symmetrical triangle on the daily timeframe.
This gives a good opportunity to go short or long.
As always, you have to wait for confirmation before getting into these types of plays.
RSI flat.
MACD flat.
Keep this on your watchlist.
- Factor Four
Bull, Bear, & Neutral Scenario Predictions $NNDMTo start, I am bullish on Nano Dimension for the long run.
If the stock does not make any drastic moves for the next couple of months, it appears it will likely stick between $5.37 to $6.52. With multiple catalysts lately, however, such as partnerships with Hensoldt, L3Harris, Fraunhofer, testing at the Internation Space Station, and presentations of new technology, I believe it will break through $6.52, therefore marking a bull run for the stock. In this case, Nano Dimension appears that it will return to prices around $11.70 by mid-October 21' to early February 22'. On the contrary, if $NNDM continues its trend of high short interest and unjustified bear run and breaks below $5.37, it could see a price around $2.15 by mid-October to early December. This latter scenario is highly unlikely in my opinion, and Nano Dimension appears to be setting up for a very strong bull run in the coming months.
Nano Dimension Inverse Head And Shoulders Bullish Breakout$NNDM has been following an inverse head and shoulders pattern since February. It has now broken out of the pattern and managed to stay above the neckline after retesting it yesterday. I expect bullish price movement towards a $17 price target as long as Nano Dimension continues trading above the neckline.
Congratulation to everyone who bought the single digit dip during the correction and held on to it!! $NNDM has been a beast during this market correction, arguably bouncing back as fast as it fell. We could see this momentum carrying on as we head towards $17.
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NANO DIMENSION - SUPER DISCOUNTED GREAT POTENTIALCHECK OUT OUR LAST ANALYSIS REGARDING THIS STOCK BELOW
We have reached our target from a less higher time frame perspective (mid-term analysis)
while our long-term analysis still remains, we have see the new massive dip in the SPX caused by the rise of the bonds yields market.
It is not a surprise that we are witnessing a massive drop in the NASDAQ, DOW JONES, SPX as price had been at it all time highs!
Many people who have never heard of the stock market just recently jumped on the hype train and buy at the all time highs.. ouch
very painful for many new investors, this is a test to shake out the weak, and the strong will get stronger.
We are now oversold from higher time frames and can rocket to the upside at any minute, it is not NNDM's fault or any company fault for this crash, it has nothing to do with the stock it self but the bond yields correlation, but because NANO DIMENSION is relatively a small company, days like this it will get hit harder.
Find out why we love this stock here!
NNDM: Irregular flat correction Explained my thesis in the chart. I'm starting to read some articles and have found a good amount of conflicting points. CEO letter to shareholders the 9th seems pretty possitive. No debt, cash reserves, and a healthy amount of revenue. Seems as if this C wave is happening on account of dilution via direct offering. Maybe we will see this get beat down a few more ticks and then start the trend again?
Thanks for looking! What do you all think? Is this a good pick in the 3D space? I Started my position at $7.79 I might be a tad early (not as early as SSYS I hope) lol hopefully we will get some bully momentum soon!
NNDM Bouncing from support Fibo but lots of upward resistance $NNDM priced 59 million shares at $12.80 before the bottom fell out.
So the upside is going to be limited to the .618 Fibonacci level, unless buyers come in and soak up the new issue.
It's down 32% over the past month, coming out of a double-top formation.
On the plus side, it seems oversold, and $9.60 area forms support on a 4H chart.
POC is at $14.
Potential Option strategy: Sell Call option around 14; or sell Put option below 9.
Better option: Consider $EMAN or $MVIS.
NNDM PRICE TARGET | MASSIVE POTENTIAL!With a fast paced world, crypto taking over sky rocketing, EV tech companies booming (thanks to TESLA)
you get to forget about what's really left on the table, we get carried on with the hot stocks but many of the golden dust is left behind.
While all prices are flying there is one in particular that had been falling for a long time but is now at the deepest in the ocean.
Normally this wouldn't mean go buy it just because its sunk deep in the ocean, but this time around we have the fundamentals to back up our bullish case.
We are in the deep discount pricing in terms of monthly, weekly, daily.
This from a technical perspective is a sign of bullish intent.
When do institutions add to their positions? whenever price is falling
We have added to our positions today at the price of 8.08 what a good day to go shopping!
Fundamentally, 3D printing is slowly revolutionizing our world.
There are various of ways this could benefit NANO DIMENSION.
The possibilities are endless, from creating robots to chips used in fighter jets. Creating robots on space 3D printed
now in space they would need to utilize every inch so this is where Nano Dimension comes in very useful as it packs everything together
in a very unique way nobody has ever created before.
Many hedge funds and investments such as Ark-investment group, take advantage of such days in the market.
We highly recommend to do your own research and refine an entry based on your ideology of the market.
Trade like the devil, flow like the devil.
NNDM rising wedgeNNDM is forming a somewhat steep rising wedge, which is a bearish pattern. MACD is curling down and RSI shows a bearish divergence with price.
If you own the stock: if the price closes the daily below the lower line place your stop loss very tightly because the breakout of these formations hit the target very fast. According to Bulkoski prices should fall to the bottom of the formation.
If you want to short: place a sell order just below the lower line of the wedge with a stop loss just above it. The main target is the bottom of the formation but that doesn't need to happen. If you want to guarantee some profits you can place other targets in between (mainly the previous support/resistance levels) if you want to take cash some off the table on the way down.
Keep in mind the rising wedge can also work as a continuation pattern although most of the times it does not.
I own quite a few shares of NNDM. I am looking to unloading them if we get to the top of the channel depending on how the trend looks when/if we get there.
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***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***