NNDM Swing Long Set UpNNDM looks to have finished cycle wave 2 setting a powerful move over the next months.
0A92 trade ideas
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.
March is gonna be thrillingNASDAQ:NNDM
The volume suggests that the current price is below VWAP anchored at 9 Feb.
These are challenging times since the whole market is going through a correction while the security itself is throwing a couple of curveballs to test the market, traders, and investors.
I think Next week will determine a lot on where we stand. If it breaks the support at $7.74, the recovery might take a while; on the other hand, if it remains above $9, it may hit $12 by Friday.
I would love to hear your opinion on how it may play out? Also, are you gonna buy the dip or short it?
NNDM, are we in the zone for the long?we are not entering yet, market have yet to turn around, we are not taking any trade for the moment
NNDM DailyEveryone who knows me knows that NNDM is one of my favorite long term holds. But I have to admit, I've trimmed down some of my position and have added March calls. We are approaching a possible hard downtrend with the 8EMA crossing below the 50MA. If it can hold bottom support and bounce with some volume we should test the upper resistance line again.
Holding - Long commons in two portfolios
Long calls in day trading account (march 19)
Lets Talk NANO . Hello ,
Welcome to my analysis and speculation on Nano . Not crypto related Nano we are talking about NANO DIMENTION company that its in current FOMO stage and more and more people are talking about it so lets take a look on TA and come up with trading plan .
I selected areas in Red circles witch I take as flaws in the trend . Many before but chart would look messy :) I also selected correction of these flaws . We also have ADX move and previous example of price actions selected on the chart . Pull back here its strongly suggested by more than one indicator so I'm thinking pull back .
$10.40 its my alarm set for and I will be waiting for this zone to possibly enter the trade . I think Hype on this will be Heavy for some time so lets try make some profits on it .
NUMBERS
As you can see there is heavy amount people that agree with me and are shorting it however I don't know when they enter so its hard to predict will it squeeze and rip or pull back . Lots of news are creating a hype around it so no one knows what will happen but numbers don't look that hot to back this up .. Do I think company have future yes but numbers are what they are .. I'm sticking to my plan and waiting for my zone ..
Hit that like button its not that hard .
Comment if you like .
Good luck to you and your trading analogy .
See you next time ,
NndmAlthough it looks scary. Look at bigger picture. Breakout of massive pattern brought us to target. Fell back down and sort of riding the old resistance of big pattern down still as support while RSI on weekly resets itself
$NNDMSymmetrical triangle within a falling wedge, Im expecting more downside targets or buy points would be blue lines with bottom being a massive bounce zone and strong support
possible direction of NNDMRecent decline in my opinion should have stopped and reversed in direction. Every time NNDM makes a direct offering, the share price temporarily declines before making new all time highs.
$NNDM $17 Direct Offerings PlayNano Dimension is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME), where its machines serve cross-industry needs by depositing proprietary consumable conductive and dielectric materials simultaneously, while concurrently integrating in-situ capacitors, antennas, coils, transformers, and electromechanical components to function at an unprecedented performance. ARKQ and ARKW also holds $NNDM in their portfolio, for a 2.17% and 0.80% weight respectively. This put $NNDM in a respectable 18th largest holding in ARKQ and a 53rd minority holding in ARKW as of 02/23/2021.
I believe at the current price that $NNDM is trading at, the share is a steal. $NNDM has a history of registering for multiple direct offerings - Nov 29 to Dec 2 @ $5.00, Dec 6 to Dec 9 @ $6.00, Dec 27 to Dec 30 @ $7.50, Jan 13 to Jan 19 @ $9.50, and Feb 15 to Feb 18 @ $12.80. Throughout the last 5 offerings, this is the first time that the price of $NNDM has dropped below the price offered at the direct offering after the closure of it. This can be attributed to the overall corrective nature of the market over the last 5 to 6 days. I view this as a great buying opportunity for us retail investors and traders as I believe that any price below the last direct offering price of $12.80 is an absolute steal.
I foresee $NNDM recovering very quickly back above $12.80 once the market pullback is over and the FUD goes away. It will resume trading within the bullish channel and subsequently re-test the $17.89 highs.
My target is $17.00. Please set SL based on your own risk tolerance.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
NndmAnyone buy that dip? Ichumochi weekly purple support line got me a beautiful buy zone to add to long term. Could be retest of original pattern breakout. Was this a beautiful resistance flip, or more down side? Only time will tell. All I know is I bought a decent bag at 9.65 and got stoploss below 21week EMA at 8.60
NNDM Gap Fill?!?NNDM NASDAQ:NNDM is a chart I have been watching for a while and today's massive gap down looks to have found a temporary bottom. I like NNDM as a longer term hold but the current set up look sto be a nice swing play. Adding shares and will look to play some March 19th 12.5 calls. NNDM needs to close above $11.50 today. We have the nice 38.2 fib retracement and 50 SMA lining up on the same price area which serves as a nice support if we can close above.
Need SPY to recover as well but I like NNDM as a bounce play here.
Do you think it would hit 9.70 today!?!NASDAQ:NNDM
I can't say what will happen in the long run. Though I believe in this company, in the past week or so the whole sector is crashing.
Does anyone have an idea what is going on?
Is it just the correction!?
NNDM ER run up Big gap down on NNDM. Looking for it to fill the gap down over the next few days.
Long Term Pros:
Large gain over the past year or so. Technology could fill a big gap in the market.
Short Term Pros:
I think the gap down was a bit exaggerated. Market overall was a bit wonky.
Some unusual flow for $25 3/19's over the past two weeks
Long Term Cons:
Not a lot of profit. Missed earnings big last ER
Short Term Cons:
RSI and MACD are showing the sell off could continue.
PT: $20 3/19
Cut: $14
Tight stop loss. $NNDMI believe there is a great risk-reward ratio to play a bounce on the 40EMA, with our stop loss below the 50EMA, looking for a bounce in it in case of a break of the 40.
$NNDMDo your DD and you will find out why to buy this stock. LOL 🤣 Goooood company, zero debt, $1.5 BILLION cash, Acquisition coming up. Overall a lot going on here. Momma Cathy is all over it too.
Trade Safe.
NNDM in a bull flag and could bounce from this double bottom NNDM on 4H:
RECENT NEWS:
NNDM Closes $500 Million Registered Direct Offering. NNDM intends to use the net proceeds for strategic opportunities such as acquiring new technologies to better their machines.
TECHINCAL OBSERVATIONS:
Currently NNDM is in a bull flag. NNDM tested resistance on 2/10 and pulled back. NNDM has the opportunity to bounce up from this support and double bottom. This could be a good swing play, I'm liking the potential risk to reward ratio. Don't sleep on this one.
SUPPORT AND RESISTANCE
Support: $13.30 | $13 | $11.50
Resistance: $17 | $17.80 | $18.95
NNDM big shelfReally liking this shelf. If it doesn't hold $13 stand back and don't get too close haha.
I wonderI am new at this so I wonder; do you think it would get to 13.20!?
This is not a trading suggestion or idea. Just a thought.
NNDM 1 hour descending wedgeI'm liking this setup, its been hammered down a bit recently and this should ease the wound a little bit
