Updated NNDM Chart3 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
NNDM Nano Dimension Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NNDM Nano Dimension prior to the earnings report this week,
I would consider purchasing the 3usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NNDM Possible Double Bottom Before Big Sell-OffLooking at something with small risk for a nice size reward. The WLB is a good place for support for a double bottom, but I think it will sell of one more time before it starts its uptrend.
Its possible that the $2.20 level will hold and uptrend could start, but this is a lower confidence scenario
NNDM possible profit strategyBuy shares strategy -
Dip Buy NNDM at $2.98 yellow 8 EMA LINE
RISK 5% -> Stop Loss $2.91
TARGET 1 Reward: 10.4% Sell $3.29
TARGET 2 Reward: 13.4% Sell $3.38
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In order for NNDM to make a serious move north, bullish volume needs to kick in. Volume holds the weight of price up, it validates price. Here i am using several variables to justify a possible buy. This is a day chart. I am using the EXTENDED FIBONACCI RETRACEMENT to acquire my target lines.
What I Like -
*The candlestick formations; there is a push to break prior support/now resistance at $3.06. (yellow horizontal line) Notice how many times $3.06 was opened or touched in the past, going back to Jan 24, 2022, Feb 24, mar 8th, 14th 15th, and so forth...VERY IMPORTANT PRICE for NNDM. Now, with the 8ema and the red 34ema, the candles are using those as a springboard to push north. That's why bullish volume is so important to accomplish that.
*RSI is trending somewhat bullish; at a value of 57, the RSI, being a momentum indicator, suggests more room for running north
*8 EMA AND 34 EMA; The 8 ema has just crossed north over the 34 ema, suggesting that this stock price is ready to move bullish. Finding these crosses can be parabolic bullish moves!
What I Don't Like -
*Stochastic indicator is quite Overbought; While some investors suggest using the Stochastic as an overbought/oversold indicator, others suggest using it as a momentum indicator. The ideal stochastic indication would be both the RSI and Stochastic at the bottom of their respected graph moving upwards, suggesting an overall SENTIMENT that the bullish move is underway.
*VOLUME is not ideal; as stated above, we need more volume to come in
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
#NNDM REVERSAL TARGETfirst sign for strength for our stock is if we close 1h candle above the 3.94$, and the biggest sign is above the 5.25$, where we see a reversal for our bearish trend , and if we still never over come our resistant at 3.94$, we will see gravitation of the price till near the 2.21$.
Breakout soon?Hello friends, as you can see on the chart NNDM is on the verge of making a decision. If it breaks the resistance line to the upside then we can start being bullish again. Also, it's a cup and handle on the weekly. General market direction is key so keep your eyes on it.
I'm open to hearing your thoughts on this ticker.
$NNDMNano Dimension is an Israeli-based company that is active in the field of 3D printing of Electronics, most notably printed circuit boards (PCB). The company developed printers based on additive manufacturing (most importantly the DragonFly) that uses two kinds of "inks" - conductive and dielectric non-conductive layers. These printers sell for around $400,000 and usually also lead to recurring revenues of annually $40,000, generated through service contracts and periodic ink sales.
The industry is still at a very early stage - so far the company has only sold 60 of these printers. Also, there is still no other company that can offer a comparable printer. While having a monopoly in an industry usually is beneficial for a company, it could also indicate that no other company believes in the potential of additive manufacturing of PCBs.
From a financial point of view, there is not much to analyze yet as the company has barely any revenue. Currently, the two most important figures are cash and the cash-burn rate. As of the second quarter of 2021, Nano Dimension had roughly $1.4B of cash on its balance sheet, while also being debt-free. As the market cap of the company is only slightly above that value ($1.55B), it implies that the market values the actual business to be close to worthless. Based on the second quarter the, the company loses around $20M per quarter (of which 50% is made up of cash and 50% is made up of stock-based compensation). These losses are certainly going to increase as the company plans to more than triple the number of employees until the end of 2022 in order to be able to faster advance the technology and simultaneously also focus significantly more on sales. With a cash pile that is gradually getting smaller, so will the stock price if there is no tangible operational progress.
On the technical side of things we can see price is bouncing around in a small symmetrical triangle on the daily timeframe.
This gives a good opportunity to go short or long.
As always, you have to wait for confirmation before getting into these types of plays.
RSI flat.
MACD flat.
Keep this on your watchlist.
- Factor Four
Bull, Bear, & Neutral Scenario Predictions $NNDMTo start, I am bullish on Nano Dimension for the long run.
If the stock does not make any drastic moves for the next couple of months, it appears it will likely stick between $5.37 to $6.52. With multiple catalysts lately, however, such as partnerships with Hensoldt, L3Harris, Fraunhofer, testing at the Internation Space Station, and presentations of new technology, I believe it will break through $6.52, therefore marking a bull run for the stock. In this case, Nano Dimension appears that it will return to prices around $11.70 by mid-October 21' to early February 22'. On the contrary, if $NNDM continues its trend of high short interest and unjustified bear run and breaks below $5.37, it could see a price around $2.15 by mid-October to early December. This latter scenario is highly unlikely in my opinion, and Nano Dimension appears to be setting up for a very strong bull run in the coming months.
NNDM ANALYSIS 15.08.2021
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
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NNDM 8/14/2021Long story short I've become yet another bag holder in a company who plans to wait out the pandemic and not adapt to the changing time. From a Ta perspective the company is in a continuous down trend I marked an alert at 5.70 in the event it crosses we are going to the presumed bottom of an older gap at 5.38. From a fundamental point the company CEO told investors in so many words to basically wait and be patient so I take that is this earnings coming on the 14th will show little catalyst so sideways movement hopefully at a stable point to average down and wait as told. Personally, ill be watching this one very loosely until it cross a conviction level of 6.50; however, we got a few other levels to beat first.
Short this hypergrowth index!Good evening from Croatia,
Let's have a look at some of my favorite stocks which I am keen on. I use this index quite often to find out whether these hyper growth stocks are going to perform well. It looks like a double-bottom pattern is forming into the mid term. We have to find out if this double-bottom will hold the support or break through it. This might look like a wyckoff accumulation pattern.
I would recommend though to short these stocks in the short-term.
Have a great day and let's rock the upcoming week.
bbpetersen,
NYSE:PLTR NASDAQ:TTCF
NASDAQ:NNDM NYSE:SKLZ NYSE:FUBO
NNDM - 21 USD soon?NNDM shows a clear structure. The chart looks bullish! It is important to stay above 5.39. Otherwise my setup would be invalid. The following levels are important: 8.06 - 8.78 & the intermediate high around 9.32. Then we can look forward with confidence. Overall, I expect prices above 13 USD this year. In the long run, I have price targets of at least $21.






















