Trade ideas
NNDM almost hit our targetHello my friends and long time no see. I have personally sold out of nndm and didn't catch our move to the upside with is almost hitting our target in our last TA. This TA/Idea is going based on what the graph shows, so no news.
News
Well I'm not lieing about any news cause I'm not gonna read it, but ark has invested into NNDM , which caused it to almost hit our target. Ark is probably the best company to follow and them investing in a penny stock shows its not a penny stock to them and has potential.
-Earnings coming up, so it will be interesting to see. If you have any news that might come out it will be great. Again I suspect them to beat earnings, but a pull back before will be a buy imo
-elections results still going on with recount, but won't hurt nndm since space is going private
TA
-MACD is bullish, but can turn over
-RSI is overbought
-A retracement to 3.54-3.64 is on the table before moving higher. Also if we break above 4.10-4.20 we could suspect to go create higher highs with 4.09 being our resistance point.
-High vpvr from 3.80 and up, which is bullish
Final Thoughts
I personaly did sell and been leveraging on bybit for bitcoin, but I did buy the 7.5 may 2021 call and up 44% and also some shares. I would buy more shares, but my RH account is locked cause I accidentally used the wrong bank to deposit money, so I have to wait till funds are settled. Till then I'll watch for a pull back hoping I can buy.
NNDM 20-10-20 LongAsset and Time frame -NNDM,1H
Entry Price -4.27
Technical Analysis -If the hourly candle closes as bullish hammer, then i'll enter the trade, price bounced from a support trend line, daily chart and 4H is bullish,1H 100MA also serves as support
What can be improved -
Conclusion & End of Trade -
NNDM A medium term playNot sure if this count is realistic, but price action is inspiring.
Nano Dimension Ltd. engages in the provision of intelligent machines for the fabrication of additively manufactured electronics. Its products and services include DragonFly Pro System, conductive and insulating inks for printed electronics, and optimized multi-material design of complex electronics.
$NNDM Nano Dimension Ltd. targets Nano Dimension Ltd. engages in the provision of intelligent machines for the fabrication of additively manufactured electronics. Its products and services include DragonFly Pro System, conductive and insulating inks for printed electronics, and optimized multi-material design of complex electronics. The company was founded by Amit Dror and Simon Fried in 2012 and headquartered in Ness Ziona, Israel.
Thinking about getting in on this company.Saw this company on youtube by positive investing, and if ARK invest is invested in this company then its worth a look. Doing my due diligence and it seems very interesting what this company does. Will wait for a buying opportunity but its very tempting right now.
starting to set up nice for tomorrowplease remember these are my opinions and i am no professional plkease do your own d.d before investing these are just my thoughts...that said i am also liking this one for a bullish run tomorrow as well i think buy area will be around $2.60 -$2.65 range and sell points will be $3.15 -$3.20 range all charts are looking very strong for tomorrow..please again remember this is just my opinion i am not a professional and and this is just what i see in the charts please do your own d.d before you invest..
NNDM Lookin JuiceBig play here with small risk.
Risk Higher than what i'm normally comfortable with but
the reward forces the play here.
This is best case scenario play out and needs to have profit taken
from a hard pump or weakness around the 50% profit mark.
Hard Pumps follow steep dumps. We want a gradual climb unless strong news drive the price.
Up or DownSo we got our retracement back to where we wanted and now is the question where we go now? ATM we are in an uptrend with on lvl2 data there is over half a million dollars from here to 2.30. Theres not much TA and news, just nndm tweeting out 3D printing and as we wait for PR on the military to contract and other news. We can suspect massive stalemate in where we want to go. If we continue this uptrend we could suspect a breakout around June12-17. As drawn the 12th will cross over a downtrend line starting from May 22nd ish. The 17th is interesting cause if no news comes out we could break down to the downside and thats at 3.31.
Now on my graph you can see a fibretracement, yet I'm not sure how it works, but some key price targets we talked about last time is there and I'll give you them and if you know how a fib works good and if not don't worry about it.
1.618 is at 6.37, which is close to our speculative price target of $6.42
1 is at 4.83 which is close to our $5 target
I also put 3.88, just cause that was our first wick we got rejected hardcore at the first pump till we went to 4.83.
Final thoughts is that their PR blows, yet institutions don't care about PR as much in the short term. Just as long as the development continues which I still have confidence in them for now. Looks like short term gains may not be here atm, yet it is interesting seeing half a million in the order book holding this stock up. Again short term is just accumulation imo could go look at NKLA, which is a Tesla like company that focus is on trucks for consumer and commercial like truck drivers. Their first truck goes on sale next year.