Nordic Semiconductor PredictionRecent hype pushes price into resistance area, may continue downtrend and break below support to where it started uptrend during Covid.
−0.11USD
7.65 MUSD
542.87 MUSD
About NORDIC SEMICONDUCTOR
Sector
Industry
CEO
Vegard Wollan
Website
Headquarters
Trondheim
Employees (FY)
1.49 K
Founded
1983
FIGI
BBG010MLJ113
Nordic Semiconductor ASA engages in the design, sale, and delivery of integrated circuits for wireless applications. Its product categories include personal computer and tablet accessories, sports and health monitors, mobile phone accessories, gaming controllers, and toys. The firm’s products include nRF9160 Certifications, Bluetooth Low Energy, ANT, Thread, Zigbee, Bluetooth mesh, 2.4GHz proprietary, and Multiprotocol. The company was founded in 1983 and is headquartered in Trondheim, Norway.
Nordic SemiconductorHistory and Growth:
1. Founded in 1983: This makes them one of the pioneers in the wireless semiconductor industry.
2. Fabless Model: Nordic Semiconductor doesn't have its fabrication plants, focusing instead on design and development.
3. Global Reach: Headquartered in Trondheim, Norway, they have
Nordic Semiconductor could be a multi-baggerTriple bottom with Bullish divergence on Weekly
This is Buy and Hold Ticker for few months.
NOD decision timeNOD has reached a crucial area.
The 0.618 fib, plenty of horizontal support and the 200MA coming up as well.
What concerning are the huge amount of gaps below still all the way to NOK 66.40 (gray lines) AND the strong continuous downtrend we’ve been in lately.
So bullish candles and break of the d
NOD where to buy?NOD has made a W top formation, retested the neckline and is continuing its correction down.
Areas of interest are marked with red circles, being the 0.5 and 0.618fib retracements, lining up with horizontal support as well.
Once NOD gets there, we need to look for potential buy signals.
NOD - Soon reversal RSI near reversal from previous retracements at 40.
CMF still positive.
Retracement near 0.618 fibo level.
Nordic Semiconductor $NOD gets BUY (200) from DeutcheIf the stock breaks through 50 day SMA it looks like it could start a nice bullish movement
NOD looking for a buying opportunity.A little while ago I expected NOD to make a correction already, but it kept steaming on upwards!
Target for this one according to fundamentals is around NOK 130,-
However, the big problem with these runs is to find a good buying opportunity, especially if the price is at an all time high, so you don
NOD bullish or not?So despite of any bullish signals NOD might give I’m very careful simply because of this picture on the monthly.
Bearish rising wedge broken and now an attempt to retest.
On the latest sprint up, some gaps are left behind as well.
For this to become invalid for me, we need to build a solid support
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
