We can go dip - NNDMHi everyone,
NNDM could test even the resistance around 7.57 if the markets continue to be volatile. This is not an advice.
0A92 trade ideas
Consolidation periodNASDAQ:NNDM
Before anything, I would like to say if you disagree with what I have to say and believe there is a mistake somewhere, I would appreciate your input and comments. I am always open to learning.
Now let me start by pointing out that I think we are in the consolidation period since the volume area (VA) is in the middle of the volume profile (VP). I see the possibility of the price action going in two different ways. As is shown in the chart with the purple box, there is a support in the $7.58 - $7.89 range; breaking below it could mean that the bleeding will continue even further to either $6.50 or $5.35. Though the volatility is declining, the Klinger oscillator, MACD, and ADX indicate the ongoing bear market.
On the other hand, the trading volume has a downward trend for the past couple of days, suggesting that the bears may be losing their strength which could mean that the price may bounce back up to $9.30 - $9.73.
Of course, no one can foresee the future, but since I like the Nanodimension, I wish for the best and hope for much good news to come real soon.
NNDM area of support. Looking for bounce to upside to 20+ if you go through and do Eliot wave it seems to have just formed the first impulse for to a 12345. Interested to hear peoples opinions also.
NNDM: Buy setup formingFollow up to my previous NNDM post. It is setting up nicely. I'll post a few other scenarios in the updates log. Still bullish. Looking to add some more soon.
Are you still bullish? What is the chart telling you?
NNDM Long - Swing back up 10+We are becoming pretty oversold, looking for a bounce back up as soon as the rebalancing finishes. Considering we were at $18 just a couple of months back, I believe this trade up to 10 even 12 dollar range poses a good risk/reward at this level. It is trading at 8.8-8.9 level as of writing this.
PT #1 9.88
PT#2: 10.3
Pt#3 : 10.8-11 area.
Keep a tight S/L - below 8.5 will likely send it lower to 7.8
I think we are in the accumulation period....NASDAQ:NNDM
It looks as if we are in the accumulation period. The company has not released any negative reports, so there is no reason to believe the current bearish market has anything to do with the product.
The Accumulation-Distribution graph is showing a bullish trend though the RSI and MACD are bearish. This, to me, looks like the smart money period. The price is not rising or falling drastically (though the price action may go down slightly). It is clear that the volatility is declining, and the market is getting to a stable state before it makes any real move again. It may take a while before we see a bullish rise, but it will be there sooner than later.
Both the Volume profile and VWAP indicate a higher price based on the volume traded since 5th March, which is a good indication.
As I said, this, in my opinion, is the smart money period, and accumulation is taking place; the fall in the price may be happening due to the retail investors cashing out.
Just make sure you take these words with a pinch of salt. After all, no one can definitely predict the future, and the news regarding the 3D-printed IC that was sent to space is not out there yet.
Let me know what you think. I appreciate any constructive criticism.
These are not investment suggestions, so proceed with caution.
P.s. I personally think that the market makers are conspiring to scare off the retail investors that triggered a lot of news (which you may or may not have heard of) the past couple of months. But enough conspiracy theories. All the best.
NNDM UpdateThe expected pullback has a corrective look to it. It could go a little lower which would be a good place to add to longs.
Monday could be good or .....NASDAQ:NNDM
The left and middle charts show the candlestick patterns in a daily timeframe, and the right side is in 10 minutes timeframe.
Looking at the right side, it is clear that the price action remained within $10.51 resistance and $9.65 support on Friday.
Looking at the Daily charts, Friday's price action resulted in a possible Morning Star pattern, depending on Monday. If Monday is green, then it confirms the bullish trend.
Some indications make me uncertain, which is why I have included the chart in the center. By looking at the daily timeframe from 17 Dec 2020, it looks as if a bearish head and shoulder pattern is forming, which may be wrong, but I still find it necessary and important to mention.
Of course, I personally look forward to a bullish trend very soon. Since the news about the RF IC being sent to the international space station, it looks as if the Volatility is declining, while RSI and MACD are giving a mild bullish signal (chart on the right side), suggesting an accumulation period which is a good sign.
Let's see how It will be on Monday. If the bulls get stronger, then by the end of the month, we could get to $12.80.
Let me know what you think. I appreciate your comments.
NndmThis is critical times for NNDM if you look on the left you see last time we fell from this support we dumped hard. We have been hovering on this support and so far slowly flipping it into support.
We have some downward pressure from the moving averages but if we can contiue to hood this level this will be extremity bullish
Do you think we hold ?
Today will determine how the rest of the month is going to be!NASDAQ:NNDM
Currently, the price action is above the median band and close to the upper band of the Donchian channel. The MACD is showing a buy signal and RSI and MFI are both near the overbought limit.
Depending on how the market opens and plays out today, by 11 to 11:30 am we will know if the bullish trend is on the way or we are in for a longer bearish period. Hopefully, we remain above the lower deviation of the regression trend.
Let me know what do you think. I will appreciate any input.
-----This is not an investment suggestion-----
NNDM, if it breaks out, this is going to be omgNNDM waiting for breakout from the head and shoulder pattern
NNDM JOURNEYS UP UP UP. Buying now is good ideaWe see this going to $15.63 before retracing down to around $12.69 then heading back up to higher levels. The price is currently under $11.40 so get in and get some of blessings.
*I'm not a financial advisor this is not financial advice. Please do your own research.
NNDM buy now !?Nndm started recover after corection, he will hit 15 very soon!
Strong support at 10 and 8 dollars!
Strong resisstence at 17.5 dollars! First resistence at 12/12.50
Entry point for up trend 12.0/12.50 target 14+ dollars to 15! First signal for bulish trend! Stop lose 11!
Entry point med term 8/10 dollars target 20+ dollars!
Entry point long term under 8 dollars target 30/50+ time some month to some years!
This it's not a financial advice, good luck to everyone!
Nano Dimension Inverse Head And Shoulders Bullish Breakout$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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NNDMI just found the most bullish thing in this chart
Look on the left. Last time NNDM bounced off of this 10.65 support level
Look on the right of the chart. Where we bounced and found support ?!?
This is bullish AF to me!!!
