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Videlo
Feb 19, 2021 4:29 PM

NNDM - ASCENDING TRIANGLE W/ TREND LINE SUPPORT Long

Nano Dimension Ltd.NASDAQ

Description

Hey All,

Thought I'd share this one.

Price nearing major trendline support
Accumulation/Distribution Line trending upwards
Selling pressure starting to lose steam (volume decreasing)
Stock has been a major momentum trade and I don't see it stopping soon (nice tech)

Target 1: $17.50
Target 2: $25.00

Stop Loss: $12.00

Trade closed: stop reached

Comments
terlynch62
Agreed. If you look at moving averages the 6 month view is sitting under the 21 and 50 day and right at the 100 day moving average. That is also a bullish sign.
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