@coldfire007, Nah In my opinion don't think it will hit 9.50. Seems that whenever a direct offering from NNDM is filled it usually produces a strong floor of support at the direct offerings price per ADS. In this case being $9.50 a share. This has seemed to hold true for every other one of the previous direct offerings. I could see the price going around 9.70 but it would not stay in that price range for very long, however that would be a very good entry spot to either take a position or increase your position size.
katabelle13
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How do you determine that long entry target? I like your charts, simple to read, like the arrows on the support/resistance lines.
Diet2
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@katabelle13, Thank you I really appreciate it, I have been holding NNDM since June. I base my price targets on support and resistance from multiple time frames. The price targets to take a position or increase a position size are prices that I believe are more attractive to other buyers (Bulls) to enter a position. So when you enter around those prices you have more buyer volume going in at the same time as you, pushing the price higher from your entry right away. Offers you to have a higher chance of being profitable right away from your entry, and also find the cheapest price for your cost basis.
Investroy
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Keep going and post more, absolutely adore your work