Don't sleep on NNDMDouble bottom like we saw in late December/early January?
Fundementals looking nice.
Cheers
NNDM
NNDM LongSo i know we've experienced a lot of bleeding lately but im seeing an RSI divergence. Lower lows in price but on the RSI we have a double bottom followed by a higher low, also near a strong support level. Hoping for a nice recovery good luck!
$NNDM RSI Bottom, Healthy RetracementsLooking @ the 4h we see a continuous trend of higher lows on the RSI. This same trend is playing out on the daily as well, with possible seller exhaustion developing on the MACD.
Watch for any candle closes below $10, as this could jeopardize the trend.
All in all, the up-down trend has gone well with $NNDM.
There might be more upside potential given the price history of the stock.
Do your own DD. Not financial advice.
NNDM 4hr.. Wave 2 is done? It appears that a wave 2 correction is finished and we will start a greater degree wave 3 up. I don't think we will have an XYZ Correction.
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
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!
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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.
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.
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
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.
RSI majorly oversold!The chart speaks for itself, every time the RSI is oversold, it often laid the foundation for. breakout or immediately after. This shows the blow-off top is coming very soon now! The support levels are 128,126 and the breakout to lead to 10% gains to 143 or go to 140. Warning! I am not a financal adviser and take this with a grain of salt. Happy trading!
NNDMbesides the fundamentals, the chart has a lot to offer
we can see here, that it can be at the top, almost ready to fall back, even to $4 per share.
tho, as we can also see here, it can also be the last low, after that we will see a parabolic upturn, that could drive the price +10x in less than 3 months.
or else, as we can see here, price is at top of the channel, ready to go down to the previous high, the now support (which worked as resistance for almost 5 months), before we can see any other upturn.
and can also be sideways nearly until the end of April, as we see here with this flag, waiting for the MA200 to get closer and offer support for more gain.
anyway, we have to keep in mind, RSI and MACD are all overbought, volume has almost been the same since this started climbing, which is synonymous of people's attention, at least. and also that NNDM has a 30% short float, according to finviz data.
if we want to talk about market cap, it is up to now, worth almost 800 Million.
if it, let's say, do a 10x (as we said as an option), the company will be worth 8 Billion dollars.
those are all different possibilities, I CAN NOT know which one is gonna be real in the future, but I know, for sure, this stock seems everything else than easy to predict.
play it carefully, keep in mind that those so much spoken among investors have high volatility, and so you could "win" doubling your value or losing half or more of it, in just a single day.
a lesson for everyone: as you do analysis about something, consider that your POV could not be the right one, or, more probable, could not be the only one. that's why we all should always consider something through someone else POV and change our first impression, by starting again with a free mind. (in order to have those 3 possibilities, I had deleted all the previous ones, and made a new one, totally based on something new, that I had not thought about before)
Ark Invest is super bullish on NNDM, so shall we?
For all ARK fans here, if my math is right. ARKK and ARKQ together acquired a total of 3.8M shares of NNDM overnight, a total of $28M dollar, around 1/10 of this most recent direct offering?? While you could see from my chart (credit to this youtuber : Alien Tomato ) that Ark has been accumulating NNDM shares for the past month. And a deeper implication is , NNDM market cap is 1.13B. Ark is now owning 8.31M shares of NNDM as of today, representing ~70M worth of shares, which means Ark is owning ~6% of NNDM already. This is huge!
Technically, NNDM is clearly on a upward trend line, and it has never fell below its 20MA even with the direct offering its been pumping to the market for the past two months. Apparently institutional investors are not buying enough of its shares. I am personally owning a position with NNDM and am setting my cut lost price at 20MA and looking forward to a price in the MOON!
Gold is set for a breakoutHello traders and investors! Let's get into the business, shall we! We can see gold ina downward wedge and also a triangulation pattern. This is bullish as once the lines converge, there is a high chance that the price of GOLD will raise significantly. The RSI is maybe gonna go into oversold territory, before bouncing back to the high 1800s- low 1900s. The macd converged again, which signals a bullish setup could play out. I think you should buy GOLD when it dips below the range in the RSI, signalling a buying opportunity or when the commodity triangulates. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
Broken above traigulation!AAPL is gonna break out this week and I have bought a call option with a strike at 142. Now let us become unbiased again. Since it broke out of the triangulation pattern after many days of red, i think it is gonna go raging bull and shoot up. I believe that 130s is our new range for the moment as we surpassed the 120s and might even make the 140s our new home. The macd already diverged but will it again? I predict it will brak out into the 140s this week. Warning! I am not a financial adviser and take this with a grain fo salt. Happy trading!
NNDM 16.3, still quite far from resistanceNNDM a great choice to enter, if we break resistance, price going fly
