3 Day Chart:
NNDM after dropping out of a trading channel it held for years is looking to move back into this channel IMO.
We saw the price drop but find support right at the micro 236. This is pretty bullish We also see it's finding support on that trendline that has been around for a while. It has multiple drops below it but i has yet to open and close below it. Keep an eye on this trend line and this channel.
Speaking of Channel, it looks like it's outside this channel, back tested and found support. We should see the price move up very soon especially since we see volume increasing.
NNDM after dropping out of a trading channel it held for years is looking to move back into this channel IMO.
We saw the price drop but find support right at the micro 236. This is pretty bullish We also see it's finding support on that trendline that has been around for a while. It has multiple drops below it but i has yet to open and close below it. Keep an eye on this trend line and this channel.
Speaking of Channel, it looks like it's outside this channel, back tested and found support. We should see the price move up very soon especially since we see volume increasing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.