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.
Need SPY to recover as well but I like NNDM as a bounce play here.
Anmerkung
If $11.50 doesn't hold I will be watching $9.3 for support/bottom.Anmerkung
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.Trade ist aktiv
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.
Anmerkung
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.Anmerkung
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.Anmerkung
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.Anmerkung
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.Anmerkung
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.Anmerkung
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.Anmerkung
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.
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
