2021-10-29 | $NNDM | Golden Cross after Triple BottomOn October 29 2021 NNDM crossed the moving averages on the 3 Month chart to form a Golden Cross. Bullish trend towards Earnings (est. Nov 10 - Nov 15 2021)
NNDM trade ideas
NNDM - Counting the cash and the waves⚠ Not a financial advice, just thoughts
High risk reward at this point IMO
We need to complete the inverted H&S by finishing the current corrective pattern then push for a wave 3.
With the amount of cash they have, the market should discount future acquisition revenue.
Short-term, I'd exit at 9$ when we complete the H&S. If we push higher after this, target for wave 5 would be minimum $19
Risky play, careful with this one.
$NNDM - BreakoutNNDM broke out today. There were many stocks that broke out yesterday and have retreated below the breakout which means its a false breakout. This has also been dropping throughout the morning after the breakout. Will be watching and possibly take an option position towards the end of the day depending on how it performs. Probably a smaller position in case tomorrow is a false breakout or an inside day with an opportunity to add more if it drops to trendline.
This is not a recommendation to buy or sell. It is for informational purposes only.
$NNDM Rounding bottom harmonic reversalNice rounding bottom with a harmonic reversal and bullish divergence at support here on Nano Dimension. Much higher prices implied.
NNDM LongTrendline break + retest
At Support Zone
Entry 5.5
Stop 4.5
Target 11.6
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
NNDM purple line updateLooks like the purple line is pounding down on the stock, squeezing it down. I am anticipating either
1: Price will break the purple squeeze this week and form a strong floor.
2: Purple line is going to reject and price will drop to the $4 range to re-test purple line in a couple weeks.
Update on the purple lineThe purple line is doing WORK on this one. It's gonna break through it eventually. Once it does I'm predicting a large move upward, probably in the same month.
$NNDMNano Dimension is an Israeli-based company that is active in the field of 3D printing of Electronics, most notably printed circuit boards (PCB). The company developed printers based on additive manufacturing (most importantly the DragonFly) that uses two kinds of "inks" - conductive and dielectric non-conductive layers. These printers sell for around $400,000 and usually also lead to recurring revenues of annually $40,000, generated through service contracts and periodic ink sales.
The industry is still at a very early stage - so far the company has only sold 60 of these printers. Also, there is still no other company that can offer a comparable printer. While having a monopoly in an industry usually is beneficial for a company, it could also indicate that no other company believes in the potential of additive manufacturing of PCBs.
From a financial point of view, there is not much to analyze yet as the company has barely any revenue. Currently, the two most important figures are cash and the cash-burn rate. As of the second quarter of 2021, Nano Dimension had roughly $1.4B of cash on its balance sheet, while also being debt-free. As the market cap of the company is only slightly above that value ($1.55B), it implies that the market values the actual business to be close to worthless. Based on the second quarter the, the company loses around $20M per quarter (of which 50% is made up of cash and 50% is made up of stock-based compensation). These losses are certainly going to increase as the company plans to more than triple the number of employees until the end of 2022 in order to be able to faster advance the technology and simultaneously also focus significantly more on sales. With a cash pile that is gradually getting smaller, so will the stock price if there is no tangible operational progress.
On the technical side of things we can see price is bouncing around in a small symmetrical triangle on the daily timeframe.
This gives a good opportunity to go short or long.
As always, you have to wait for confirmation before getting into these types of plays.
RSI flat.
MACD flat.
Keep this on your watchlist.
- Factor Four
Long | NNDMNASDAQ:NNDM
Possible Scenario: LONG
Evidence: Price Action,
TP1: 6.50$
TP2: 7.30$
Entry Point: 6.25$
Call options, strike 7.5$, 11/19/2021.
*This is my idea and could be wrong 100%.
Bull, Bear, & Neutral Scenario Predictions $NNDMTo start, I am bullish on Nano Dimension for the long run.
If the stock does not make any drastic moves for the next couple of months, it appears it will likely stick between $5.37 to $6.52. With multiple catalysts lately, however, such as partnerships with Hensoldt, L3Harris, Fraunhofer, testing at the Internation Space Station, and presentations of new technology, I believe it will break through $6.52, therefore marking a bull run for the stock. In this case, Nano Dimension appears that it will return to prices around $11.70 by mid-October 21' to early February 22'. On the contrary, if $NNDM continues its trend of high short interest and unjustified bear run and breaks below $5.37, it could see a price around $2.15 by mid-October to early December. This latter scenario is highly unlikely in my opinion, and Nano Dimension appears to be setting up for a very strong bull run in the coming months.
NndmLooks to be setting up here. Got a great bounce off support of the ichumochi cloud. 6.50 is strong resiatnce but key level to close and hold support above is 6.68$
If we can break and hold above we should be able to start testing the 7$ range again. This downward reisatnce is so strong however if we break above I, the momentum we should get will be insane.
6$ is key support as well as 6.33$ in reallt focusing in on NNDM. Been waiting for some bullish signs and there are some potential big things forming….
Entry 6.70$ confirmed. Or above 7.15$
Potential Exit 9$ and 11.50 however target is 12.58$
Target is
$nndm - negative trend turned positivenow to keep the momentum through regression trend.
we are above the 20ma. uptrend should push us past 50ma.
$nndm - pitchfork breakoutwould love to see this break into a positive trend outside of this pitchfork. ultimately need the weekly candle to hold above 8.34
NndmHas finally found a bottom. Seeing descendng triangle here. Resistances marked. Could
Be setting up finally!!!
Bet On Metal.Good morning gang! Every Monday from now on we will present our top spread trade idea of the week. This week, we are looking at a 3d printing spread between Desktop Metal & NanoDimension, and Stratasys & 3D Systems.
If you look out 5-10 years in the 3d printing space, most of the uses for 3d printing and additive manufacturing will be within the automotive, semiconductor, and aerospace segments. Digital manufacturing and tooling free factories will begin to crop up, and they will outcompete the competition - partly due to speed and cost, but partly due to the speed at which they will be able to iterate. When building something simply requires changing a CAD file on your computer, it will lead to an explosion in new designs and efficiency. In fact, it's already happening:
youtu.be
There will still be some uses when it comes to polymer printing, but the majority of the printing market will be won by those who are first and best into the metal space. Out of the public companies out there right now, this best describes DM and NNDM. DM is the most Apple-like company in the bunch - having a concentrated product line, a sleek user experience, and partnerships / investments from all the world's biggest manufacturers - Ford, BMW, Dow Chemical, Michelin, Georgia Pacific, etc etc -> www.sec.gov
NNDM is an even smaller Israeli startup, but they are on the path to producing 3d printers that can insta-fab semiconductors. A huge market in their sights should they scale to production capacity.
The losers in the segment will be Stratasys and 3D systems. Both companies are established players in the polymer game, but they are both extremely slow moving, have taken forever to begin rolling out AM products. Their product lines are sloppy and unfocused, and they lack expertise in the metal arena.
While DM and NNDM have richer valuations than DDD and SSYS, this is one of the few situations where we truly believe in paying a premium. DM and NNDM will outperform SSYS and DDD operationally over the next 5 and 10 years, and an equally balanced spread trade is a great way to play this dynamic while drastically reducing market and sector risk.
NNDM on Swing mod,NNDM start a swing mod after retracing 0.786 from the previous run
There is a strong support at 5.3 where it started a first rebound after this bullish harmonic bat. I imagine another touch of the support before boucning back, 11.5$ can be a fair target for almost 100% gain, further gain might be quite improbable in this run. take profit and let run some just in case
NNDM ANALYSIS 15.08.2021
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
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NNDM 8/14/2021Long story short I've become yet another bag holder in a company who plans to wait out the pandemic and not adapt to the changing time. From a Ta perspective the company is in a continuous down trend I marked an alert at 5.70 in the event it crosses we are going to the presumed bottom of an older gap at 5.38. From a fundamental point the company CEO told investors in so many words to basically wait and be patient so I take that is this earnings coming on the 14th will show little catalyst so sideways movement hopefully at a stable point to average down and wait as told. Personally, ill be watching this one very loosely until it cross a conviction level of 6.50; however, we got a few other levels to beat first.
NNDM - Trend line bounce - Continuing Bullish PatternBullish trendline continuation.
It appears to have completed its correction and is now going to continue the uptrend.
If we get a daily close below $5.00 soon or a lot of sideways movement over the next few weeks, I will re-assess my long position.
