The last few posts I've made on NNDM are worthless now that they raised $500M today. With today's raise, NNDM has about $880 million in cash (estimated based on Q3 balance sheet). The 4 raises in the last 3 months have positioned them very well as they are likely to start winning contracts from the US military this year as well as pick up US-based multi-national...
Long-term bullish fundamentally and technically but the question is about timeline. The current run looks great technically but running into earnings like this gets me worried shorter-term. The only way I'd play this is with a straddle or a calendar spread.
ZM should run into earnings and will likely sell off after earnings. If there isn't a sell off (unlikely), the stock should continue upward in the same channel.
This company is a real nothing burger. If you got in a few months ago when people like RexFinance made videos on it, that's great but the part is over. This thing is gonna crash because fundamentally its got nothing to offer and technically, you're in a strong downtrend.
Not a lot of downside but we could trade sideways for a while if earnings doesn't act as a catalyst.
A retest off the 1.618 fib level was exactly what I thought we were going to need before a continued move higher. BTC will be at $50k before end of Q3 2021.
Long the stock. If we can fill this Gann box like the last big uptrend we'll be set for new highs. If we retest the lows of the recent move around 210, the stock could crater down to $170 fib level pretty quickly.