NNDM - direct offering @ $5, where is the support?NNDM was trading up to $7.36 last Friday before closing @ $6.53. Before market opens today, NNDM announced another direct offering @ $5 for a gross proceed of $60m. The stock is expected to trade lower when market opens after this announcement and could provide a buying opportunity. I am expecting to see support between 5.70 (Gap close here) to about 5.55 (38% fib retracement level). Let's see! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts :)Longby Juliac0
NNDM 's new price targetsNNDM continues to rise with people in disbelief, so whats next? Well it is fact that we will get another offering by the end of December, but at what price? As of now it would look like at a 5-6 dollar target is likely, but what if we continue to run up, will it change the offering price? The higer the price gets the dilution drops, since the last offering will be worth 50million dollars. Let's say we hit 12 dollars and they do an offering at 10 dollars, this will cause a 5million share dilution, but if they do it at 5 dollars it will be a 10million share dilution, so we want a higher price before the end of December. Insitutions on the other hand don't want a higher price since they want more shares. Now looking at the chart it looks pretty dam bullish with good pull backs that only last a day. News: ARKQ bought 1million shares on the 24% drop on the Friday before. Also the other 3d company they held a large position in, SYNOPSYS, has dropped alot in their portfolio with NNDM now a head of them. SYNOPSYS is worth over 200 dollars a share. Another investment firm known as CVI bought 5million shares on Wednesday, but they aren't as big as ARKQ with a portfolio slighly below a billion dollars in holdings. Besides that not much info on them. Their last offering of 100million dollars would be used to buy out another company. Rumor is start of q1, nndm will partner up with a major defense company TA -We are holding above the 47.77 on the RSI which is bullish and could be seen on both hourly and 5min chart. -On both the hourly and 5min we are bouncing off of the 50ema, which shows we are in a bullish market and bears will get slaughterd. -MACD looking prime for a crossover with Monday leaning green. -Next is price targets. Not much to go off, but these targets are based on hits from the dump in nndm stock in the past. First target is to break 6.99, than we have a high chance of hitting 8.16. Next is 9.53 and after that 12.38. If you are on desktop I do have two more which are at 19.14 and 28.79. Again to come up with these targets, the candle sticks would have to have gone sideways or touch atlest 3 times to be known as an area of interest. Final thoughts I remain bullish and own over 1200shares and will keep buying with more bullish institutions coming live. It is very possible next year this stock will be worth over hindered dollars a share.Longby nathanielx9115
Gap up Breaking resistance. NNDM Gaped up breaking the line of resistance. Confirmation is needed in my opinion to confirm it. CCI is pointing up. Strong uptrend. Longby Dc1392110
Is NNDM our new great opportunity? Nano-Dimension has recently completed a very wide collection of buyers and is embarking on a new path for a fair price. without blowing your minds with plenty of fundamental details, and by technical analysis only. we can understand that there are a number of collection processes that have come to maturity and now an exponential process has begun on the price. There is not much to expand. There's a good opportunity here. The price has a history of significantly higher price levels This can be a great deal and opportunity! Good luck! *by the way, I'm holding a long position on it. Longby DolevR1
New Hype?NASDAQ:NNDM Took a slight interest in NNDM. Entered at $5 and I think there is huge potential growth for NNDM. It nearly went belly-up but with the EV Hype, I think that the future is bright with NNDM. NNDM raised $100 million last week at $4, making the price at $5 more attractive. With regards to the fundamentals, NNDM just broke $6 resistance pre-market on thanksgiving, with strong momentum surely bringing the price to at least $7. Longby eltonTrades222
Long_ head shoulder completed -BULLISH TREND ALREADY STARTEDLong_ head shoulder completed Longby emian.ouattara3
NNDM MACD widening green. NNDM looking good on the daily chart. We can test the line of resistance, and hopefully breaks it to new highs. MACD is widening green. Longby Dc13921
Looking to breakout above $6.Looking to test the $6 mark again. Should the $6 mark break we will see a run up to $9 after which the next PT will be $23. Longby PenguinOffisial115
NNDM going higher as it broke 5$ resistanceDespite share dilution the stock is staying strongLongby hustler1011
Dilution. Dilution was announced and the stock went down. See how far down it goes, but ARK invest keeps buying shares of this company. Bullish Longby Dc1392331
Expected to test the $4.50 mark againTrending upwards, bounced back from the retracement line/support line. Expect to $4.50. Should it break that mark, next PT is $6.00Longby PenguinOffisial1
Rejection in the line of resistance. Seems to be getting rejected on the line of resistance. Earning is coming up and depending on the earnings could be the catalysts it needs to break resistance. Longby Dc1392556
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.Longby nathanielx91
very nice downtrend channelextremely bearish here imo. my target if you are short is .50 by the end of 2021. gl <3Shortby Vibranium_Capital4413
NNDM placeholder postI expect the volume profile needs to be cleaned up before more upside moves. Alert set for lower in expected path.Longby altinAdam0
Bullish flag?Ark invest seems to like this company for a reason. Already made profit with this, and got back in with a bigger position. Not a financial advisor. Longby Dc1392115