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dRends35
Jan 4, 2022 10:40 PM

NNDM - Lets Get Bearish! 🀠 Short

Nano Dimension Ltd.NASDAQ

Description

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For anyone with eyes not rose tinted NNDM is collapsing into a waterfall-esque capitulation structure.

I previously had said that price can get to $4.9 or $3 which did seem to upset a few members but I have revised my count since then.

And this revision is based on that NNDM 2020 upthrust now appears clearly to have been a retracement to then print another leg down - now in process.

This is visually easier to see using the line chart and Guppy trend tool. This was just a big bump in the road before another waterfall down.

There was never any real consolidation and Guppy shows that by not turning bullish.

And price reached up and tagged the 200WMA before falling back down.

All the hallmarks of a B wave.

This is another chart that only goes down and a very dangerous name currently.

First target now $2.5.

Second target $0.7

If second target hit it could bottom around summer '23.

Not advice.

Comment

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First target hit.

Comment

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Get ready for the hammer, how are we all getting on here?
Comments
alhamsn
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What do you think 3rd target? -$500?
dRends35
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@alhamsn, Actually my first 2 targets modestly consider PA as a flat correction, but if its a continuation pattern (which good chance it is) my third target is $0.12
Sleep tight.
alhamsn
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Lmao…this is not what a correction looks like. This is what you call pure manipulation of the stock price. So according to your targets a company with profits of almost 29 million a year & growing & 1.38 billion in the bank is worth 29 million! I am 100% convinced that we should all short now just like you are
dRends35
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@alhamsn, I just do the weather.
CrashWhen
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@alhamsn, I'm still a noob, but I used to directly correlate financials/fundamentals and stock price. It doesn't work. Just because a company has solid financials/fundamentals (I don't know if NNDM does) doesn't mean the stock will go on a rocket ship to the moon.
dRends35
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@alhamsn, It might do you good to become a weatherman yourself rather than barking "lmao" superiority. Have fun losing your shirt. @CrashWhen,
alhamsn
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Forecast away!
alhamsn
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Lmao….you think you right about your forecasts based on institutional shorting small caps over 60% or higher. Your are not predicting shit or forecasting. The market has been red for small caps for over a year. All you are doing is making up some bs and calling it a prediction. Even a monkey could do what you do, if you actually knew what is going to happen you would be out there shorting the markets and showing us your massive gains instead of responding back to me. So go back to the university of YouTube or whatever video you learned how to draw trends lines from me.
dRends35
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@alhamsn, If a monkey can do what I do how is it that you are less than a monkey and stuck long? πŸ€” @CrashWhen
CrashWhen
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@alhamsn, You might want to take a look at his previous posts. He might not be spot on the exact timing, but he gets the trend correct almost all the time. The Motley Fool is one of those fundamental investors like yourself. Most Motley Fool Stock picks are down 50%+ the past year. People like yourself will attribute that poor performance to "institutional shorting" to justify poor decision making. Reading numbers off a financial statement and performing simple arithmetic doesn't make you a genius. Regurgitating a narrative a company sells also doesn't make you a genius. It makes you gullible. My 5 year old nephew can calculate profitability, YOY revenue growth, free cash flow if I told him which numbers to read and plug in. It ain't hard. Charting and trading is by far the most difficult thing I've ever done in my life between getting the correct levels, strategy, and balancing my emotions. @dRends35 ain't the average dumbass charter on social media and tradingview. He shorted bitcoin from 65k-30k on record. If charting and trading were so easy, 90% of traders wouldn't lose money. Just have some humility and try to learn.
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