NNDM trade ideas
Descending wedge and divergence on the RSI. Potential reversal?I am a bit new when it comes to trading specific chart patterns, and trading with the RSI; but from my own analysis, I see the potential for a reversal to the upside.
NNDM longWith recent acquisitions on DeepCube, and NanoFabrica the vision of Yoav is starting to come to light. I'd say at this level, you can start aggressively loading for a long-term position (1 + years). Cost average in if that's your game plan.
However, for a short term swing (1-6 weeks)
Entered @7.58
S/L 7.38
Target 1: 8.2
Target 2: 8.6
Target 3: 9.04
Target 4: 9.4
Could easily run to the 13.5-15 range with market momentum.
If it breaks down again, look to reload around 200 DMA.
has potential to comeback, in consolidation faze currentlybreaking bottom trendline support but still has some support show on purple channel if 6 breaks maybe its better to sell and look for a cheaper entry. if support holds we can see it reclaim the uptrend channel! goodluck to longs, please dont forget to like and follow if you enjoy my ideas <3
NNDM loooooongCathie bought lot of shares
Strong weekly support
lot of call flow
Monthly cup and handle pattern(T2: 35.26)
Target1: 17.89
Target2: 35.26
NNDM Swing/Long positionNNDM seems to have broken the downward triangle pattern. This, combined with a double bottom and volume seems to indicate a bullish movement.
For a wing trade, I'd take profit at around 9.7 where it seems to meet a big resistance.
Longterm, I'd look at least at 12-16.
My stop loss is at 7.4
I am curios what other people think.
Edit: Forgot to say that on 27.04.2021, my unusual volume scanner picked it up. Last time it had it, there was a big bullish movement.
NNDMNNDM:
After a breakout, the old resistance level is often tested again. So far the chart looks very solid.
The chart clearly shows how strongly the resistance level reacted at 9.00.
At the current level, we need purchasing power again. The breakout was already successful. Now we have to watch the next trading days.
NndmHad a nice pop from 7.40 entry I did have a sell at 9.20 got filled this morning. Now the real entry. Comes in with a back test of 8-.807. Consider adding more to position at this 8.10-8$ range as long as it holds support. This is my plan
$NNDM - long term hold$NNDM had an explosive run this past year, now back to huge support levels, accumulation may happen around this area between $6-$10 range before another run up to test $17 again. This is an entry here, holding shares for 1 year at least and see what happens. $NNDM also just acquired NanoFabrica for $59 million, I expect this to have another run soon.
NNDM - bullish triangle breakout!A nice breakout from the triangle formation. I expect even more price action now!
$NNDM Trend AnalysisHopefully NNDM begins an uptrend from here to create another support level from the current overall uptrend. If it breaks downward, it may break hard.
