NNDM is about to test support for the fourth time with weak/disbanding indicators. Get ready for a big drop to $5 if it breaks through.
Comment:
Good news, NNDM bounced off the trend line for now. Hopefully things may resume upward but I'll be watching candle patterns until I get a clear direction on where it's going.
Trade closed: target reached:
I would watch closely if you're in puts. It may try to bounce up from here so maybe tighten your stops?
