Hello ,
Welcome to my analysis and speculation on Nano . Not crypto related Nano we are talking about NANO DIMENTION company that its in current FOMO stage and more and more people are talking about it so lets take a look on TA and come up with trading plan .
I selected areas in Red circles witch I take as flaws in the trend . Many before but chart would look messy :) I also selected correction of these flaws . We also have ADX move and previous example of price actions selected on the chart . Pull back here its strongly suggested by more than one indicator so I'm thinking pull back .
$10.40 its my alarm set for and I will be waiting for this zone to possibly enter the trade . I think Hype on this will be Heavy for some time so lets try make some profits on it .
NUMBERS
As you can see there is heavy amount people that agree with me and are shorting it however I don't know when they enter so its hard to predict will it squeeze and rip or pull back . Lots of news are creating a hype around it so no one knows what will happen but numbers don't look that hot to back this up .. Do I think company have future yes but numbers are what they are .. I'm sticking to my plan and waiting for my zone ..
Hit that like button its not that hard .
Comment if you like .
Good luck to you and your trading analogy .
See you next time ,
Welcome to my analysis and speculation on Nano . Not crypto related Nano we are talking about NANO DIMENTION company that its in current FOMO stage and more and more people are talking about it so lets take a look on TA and come up with trading plan .
I selected areas in Red circles witch I take as flaws in the trend . Many before but chart would look messy :) I also selected correction of these flaws . We also have ADX move and previous example of price actions selected on the chart . Pull back here its strongly suggested by more than one indicator so I'm thinking pull back .
$10.40 its my alarm set for and I will be waiting for this zone to possibly enter the trade . I think Hype on this will be Heavy for some time so lets try make some profits on it .
NUMBERS
As you can see there is heavy amount people that agree with me and are shorting it however I don't know when they enter so its hard to predict will it squeeze and rip or pull back . Lots of news are creating a hype around it so no one knows what will happen but numbers don't look that hot to back this up .. Do I think company have future yes but numbers are what they are .. I'm sticking to my plan and waiting for my zone ..
Hit that like button its not that hard .
Comment if you like .
Good luck to you and your trading analogy .
See you next time ,
Comment:
Hello back .. So here we are . We filled that area . It went little lower but I will be watching this area and see if it holds here . I think its important to keep looking on the whole markets moves . Keep your eye on QQQ and make your decisions . I'm staying away from this for now . Waiting to see if we test other EMA so keeping eye on 9ish area and if fail 6,50 zone , Wish you best .
