NNDM 
NNDM is a chart I have been watching for a while and today's massive gap down looks to have found a temporary bottom. I like NNDM as a longer term hold but the current set up look sto be a nice swing play. Adding shares and will look to play some March 19th 12.5 calls. NNDM needs to close above $11.50 today. We have the nice 38.2 fib retracement and 50 SMA lining up on the same price area which serves as a nice support if we can close above.
Need SPY to recover as well but I like NNDM as a bounce play here.
NNDM is a chart I have been watching for a while and today's massive gap down looks to have found a temporary bottom. I like NNDM as a longer term hold but the current set up look sto be a nice swing play. Adding shares and will look to play some March 19th 12.5 calls. NNDM needs to close above $11.50 today. We have the nice 38.2 fib retracement and 50 SMA lining up on the same price area which serves as a nice support if we can close above.Need SPY to recover as well but I like NNDM as a bounce play here.
ملاحظة
If $11.50 doesn't hold I will be watching $9.3 for support/bottom.ملاحظة
NNDM closed at $11.26 today, just below the Fib 38.2% lvl and the Daily 50 SMA. Afterhours action has NNDM at $11.66, let's see how NNDM finishes the week. IV on calls is pretty high so shares is a better R/R imo. Let's see if NNDM found some support and can move higher into the end of the week.تم فتح الصفقة
NNDM moved up to $12.45 today but couldn't hold above $12. Did complete the gap fill though. Ideally NNDM will base over the $11.30-$11.50 range and move back to $14. There is a big collection of volume there at the $14 lvl. *The market looks stronger today with a big move by SPY to break out of its downward channel.
تم فتح الصفقة
NNDM selling off with the market. Want it to hold above $10.55. Fail at this range can see $9. Will load shares heavy $9 range.
ملاحظة
Big fail by NNDM along with most of the market. Let's see if we head down to $9.49-$8.16 HVN for support. I will look to average some shares there. I have not been aggressive with my positions in NNDM due to market conditions. If we can get some market stability I will look to get more aggressive.ملاحظة
NNDM big sell off in after hours at $9.36 currently. Not a bad area to start adding more shares. SL on NNDM will be below $8. Market uncertainty means I am not adding larger positions right now.ملاحظة
ملاحظة
Let's see if SPY/QQQ move back higher this week. NNDM needs to hold the $9.60 lvl. Failure there can see us chopping around above $8. Ideally, I would like to see NNDM chop between $9.6-$11.56 for a week or two. Daily RSI & MACD are in oversold territory currently.ملاحظة
50% fib holding strong. Let's see if NNDM heads to $8 here or starts to bounce.
ملاحظة
NNDM held the 61.8% fib this past week and continues to be very oversold. I would be surprised if there is not a bounce this week to at least $9.6-$10 lvl. $5.20 should serve as a strong support if it fails here. Let's see if the 3D printing companies get some life.ملاحظة
Great candle posted on NNDM today. Held the 61.8% fib retracement and managed to close over the $50% fib lvl today. Needs over $11.50 area to head back to $13-14. I am still swinging shares and added some May $10 calls yesterday.ملاحظة
NNDM big move today. $10 calls are green still swinging my May $12.5 calls which are currently red still. Let's see what happens if it tried $11.50 again.ملاحظة
NNDM showing signs of recover with a massive candle today and good volume. Approaching $11.50 resistance. Over $11.50 could see fast movement back to $14. I added May $10 calls around 61.8% fib but the May $12.5 calls are still red . If $11.50 isn’t broken then I’ expect some chop around $10. 61.8% fib lvl held beautifully.
ملاحظة
Let's see if NNDM is forming C&H or a bear flag here. $11.50 still big lvl. It has just been chopping around in the lvls I mentioned in the update above. Will be looking to add calls when $11.50 looks to be breaking.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.