Starting out on TradingView I been doing alot of BTC and Crypto related TA and then slowly moved on into stocks. My biggest winner would be NNDM with Maxar a close second. With that said, I've been watching NNDM for a hot minute and think theres some long term and very speculative short term opportunities a head. Zooming out on the day chart and pulling up a marketcycle chart, its very scary how close this symbolizes this stock. Atm if it is a marketcycle, than we would be at the very bottom this stock will ever go in the current cycle. Alot of emotions can be heard in the ER call of q3 2021, which alot of salty retail and hedge PO about the stock price. I laugh and see this as a buy with people so down its somewhat funny to see.
NEWS
-Q3 ER wasn't omg level, but it showed that the growth of YOAV is taking with this company is what anyone should do for long term growth. Spend money on long term growth than a quick pump and dump.
-ER sales that was boosted massivly was due to the M&A of Nanofabrica, and Q4 ER if YOAV is right will be a monster growth due to the M&A of Essemtec
-Cathie woods continues to buy
TA: This is just what I see in the markets atm
- A strong buy preasure holding the stock from dropping under $4. The reason for this is that this stock is trading UNDER CASH ON HAND. This doesn't count the other assests, debt, nor the labilities the company have. A fair value on Cash on Hand would be aroung $5.25-$5.75.
- It is trading at our RSI line of 47.77. Anything above that line tends to be bullish, under is bearish. ATM its trading sideways so Neutral
- VPVR levels show support at $4.60 and resistance at $4.85. This is creating a sideways type pattern of heavy accumulation. Makes sense since its trading under CoH
- We are getting rejected at the 50ema, a mjor move above the 50ema my have a domino affect of pushing the price higher. Targets are first $5.25, 5.62, 5.88, and 6.06
- MACD shows some signs of bullish momentum trying to start.
Final thoughts
I desided to buy shares between 4.80 and 4.50s along with jan 1 2022 $10 c. This company has been devalued and just alot of downers as the stock price slips giving a perfect time to buy into the stock.
NEWS
-Q3 ER wasn't omg level, but it showed that the growth of YOAV is taking with this company is what anyone should do for long term growth. Spend money on long term growth than a quick pump and dump.
-ER sales that was boosted massivly was due to the M&A of Nanofabrica, and Q4 ER if YOAV is right will be a monster growth due to the M&A of Essemtec
-Cathie woods continues to buy
TA: This is just what I see in the markets atm
- A strong buy preasure holding the stock from dropping under $4. The reason for this is that this stock is trading UNDER CASH ON HAND. This doesn't count the other assests, debt, nor the labilities the company have. A fair value on Cash on Hand would be aroung $5.25-$5.75.
- It is trading at our RSI line of 47.77. Anything above that line tends to be bullish, under is bearish. ATM its trading sideways so Neutral
- VPVR levels show support at $4.60 and resistance at $4.85. This is creating a sideways type pattern of heavy accumulation. Makes sense since its trading under CoH
- We are getting rejected at the 50ema, a mjor move above the 50ema my have a domino affect of pushing the price higher. Targets are first $5.25, 5.62, 5.88, and 6.06
- MACD shows some signs of bullish momentum trying to start.
Final thoughts
I desided to buy shares between 4.80 and 4.50s along with jan 1 2022 $10 c. This company has been devalued and just alot of downers as the stock price slips giving a perfect time to buy into the stock.