NNDM trade ideas
$NNDM Weekly Chart $NNDM , Nano Dimension weekly chart. Already broke the trendline, going to hit the resistance $9.67 then slight pullback then $11.68. It crossed the 200SMA which will act as support. Volume is good. Last candle looks close DOJI . Either its continue to uptrend or hit the support level $6.48 before uptrend. Current share price is $7.76 y
-- I am beginner to charting. My charts are not perfect / correct .
-- The chart is for my own log for personal user
$NNDM Monthly chart $NNDM, uptrend in monthly chart Good swing position. above the 200 SMA . Bullish
NNDM Research and Quick Snapshot
- Not trending on sentiments, but positive sentiments on stockwits with 70k Following,
which is pretty good.
- Price analyst: Positive BUY Rating
- Price target: $13 minimum conservatively
- Volume should improve soon
- Next bounce to $8-$9 and expecting another pullback
NNDMNano Dimension Ltd (NASDAQ:NNDM) This pattern is looking quite good here for higher prices and the stock could break out again very soon. I will keep my eyes on it. The next buy/add point would be when it breaks over 8 on heavy volume. Long-setup on watch.
NNDM Channel breakoutNNDM was in a downward channel. Yesterday it broke out of the channel slightly. I bought @$7.49.
Today after a retest, it's broken out quite nicely. I'm not right often, but it's nice when I am. :)
What do you think?!?NASDAQ:NNDM
From the looks of it, I think green days are ahead. I think the everything is shown in the chart, but I wonder if you think the breakout will happen?!
I myself am very bullish on this ticker, but then again who can tell what is going to happen.
Let me know what you think. I appreciate it.
#This is not an investment advice or suggestion
NNDM technical analysis 5/25From what I see on the NNDM daily chart is that we are almost back on an uptrend on the daily. The 9 ema is pushing up but we need to close over the 20,50, and 200ema. Histogram on the MACD is green and we had the MACD crossover on the 18th of this month.
RSI is still on the low side sitting at 44.08 but we have clear buy signal on the slow stochastic oscillator.
We are seeing an RSI of 60 on the 1hr chart and an RSI of 50 on the 4 hour chart. So we can see that volume is starting to come in. MACD is falling over on the 1hr but the 4 hr is looking prime.
As long as we continue on this uptrend we should pass over the 200 and 50 ema, after that we should see more bulls come in and push the stock price up.
NNDM selling over??$NNDM
I believe NNDM is bottoming here after ER I would like to see further consolidation above $6.00 to confirm trend reversal
NndmBeen in a crazy downtrend. Absolutely insane. However if we can flip 6.05-6.02 into new support and do the same with 6.60-.675 roughly into new support. It would finally have some bullish momemtum. However if it loses 6$ support we should
Expect one last push down to double bottom at 5.47-5.50$. That should be the last move down if it actually needs to do so. Just my opinion
$NNDM in Ascending Triangle for another 10% breakout$NNDM setup a nice ascending triangle which, if it breaks upward tomorrow should result in another 10% gain day to the .5 fib level at $12.15. I've been down since the mid-Feb dip but I added some more calls yesterday since they were "on sale."
NNDM BUY/LONG BIG POTENTIAL INCOMING 4.60 to 21.30 by end 2021TICKER CODE: NNDM
Company Name: Nano Dimension Ltd.
Industry: Technology | Computer Hardware | Israel
Position Proposed: BUY
Technical Analysis
1. Large Falling Wedge (Forming)
2. Large Head & Shoulders
3. Fibonacci Retracement to reach 0.786 (Silver Zone)
4. Area of Confluence with 1 Trendline and Horizontal Support
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
6. 2nd Take Profit is 80% Head Price Range of the 100% Price Range of the Head & Shoulders
Buy Entry: NOT READY (4.60-4.80)
1st Partial Take Profit: 21.30 (November-End 2021)
2nd Partial Take Profit: 31.70 (Mid 2022) - Note that I would consider Full Take Profit Here
Stop Loss: 2.55
Market going crazyLast time I talked about NNDM is determining the value of NNDM after their acquisition, which is bullish for the company and believing it should valued at a $10 stock. We look at NNDM and show there's no fundamental change in the long term price action, yet we can assume we might not get the gains we want in the market until the fall. According to market watch cash on hand is 671million and liabilities are 689million and adding these together gives 1.360billion dollar, yet the stock market values the company at a billion dollars. They are losing money due to the pandemic, yet they have enough cash to be sustainable. I did take profit on some NOVN shares still at a profit, yet decide to take a bite of NNDM and bought over 300 shares. I think atm the market is under valuing certain assets, yet retail traders don't care, which can be seen in erc20 scam coins, leaving btc and going into AMC atm, and along with NANO cryptocurrency which is still sub 50 in ranking marketcap. I'm not saying I'm not a fan of AMC or NANO, but think theirs value in stocks like NNDM that are so low it makes hedge funds that are buying cry tears of joy.
Technicals have no rhyme or reason in the current market besides being oversold and undervalued.
$NNDM setup for big drop of support failsNNDM is about to test support for the fourth time with weak/disbanding indicators. Get ready for a big drop to $5 if it breaks through.
