NNDM trade ideas
NNDM Trend3D printing is on fire now. Among all the 3D printing stocks, NNDM is the one I love the most. Look how it bounced off my trendline everytime it touches it. With relatively insane high IV and momentum not fading away, NNDM is one unique ticker to short put on without worrying about being assigned.
NNDM Bull Pennant FormingOn the 1 hr chart I see a bull pennant forming in which it has a support at around 13.50 and I think is a fair price to enter. I might put a limit order at 13.50 with it breaking through in the next few days.
If the strategy comes out correct, I have price targets for 18 and 20.
NNDM 1hr - Fib Retracement with EMA and 200maStarting to see a shift in momentum from $GME and $AMC. You can blow up my comments all you want. But I am preparing for whats to come next. Call me paper hands or whatever. I made a killing on $AMC and did good on $GME so I am fine with my profits.
NNDM - As you know if you've followed me, this is one of my favorite stocks. I love the company from a fundamental standpoint and really like the chart.
Love the 200ma acting as a bottom support in two different areas. Love the reversal off the 200ma also. That is a really great example of why the 200ma is a must have on your chart.
1st level we should see $15.98 soon - I don't see that being a problem
Momentum shifting on squeeze indicator. StochRSI shows a bit of a curve down starting to happen perhaps.
I am taking calls tomorrow, looking at:
0219 FEB $15 CALL
0319 FEB $20 CALL
Trade your plan friends. But I really like the long term outlook on this stock.
$SPY $NNDM $ARKQ
Falling wedge - ARK ETF buying. Bullish!Those who follow this name know that from a fundamental perspective, this technology is a disruptor in the 3D space. The 3-hour chart is indicating a falling wedge pattern with the 25EMA acting as support. Next bullish these target is around $19.55 or $20 as the 2.618 FIB extension target. Long and strong!