Analyzing the options chain and the chart patterns of NNDM Nano Dimension prior to the earnings report this week,
I would consider purchasing the 3usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NNDM Adam and Eve pattern. HODL!
slowly moving but the trend is UP! first target is 12-13 and once we are above the neck line we are going to have an awesome rally up to $70.
Update on the chart.
Had a scare since the last chart when the stock hit the zone at $2.50 and fell sharply but it did not exit the channel.
Price bounced off the bottom of the channel and headed back up. I noticed possibly another/different channel possibility(charted with orange lines and no fill color) that could indicate a reversal. It was weak with only...
**THIS IS NOT FINANCIAL ADVICE**
This to track how well my technical analysis is for securities I may or may not be invested in.
There is a lot going on this chart but I cleaned it up as best I could so that what I see is a bit clearer.
On this chart you see:
1) A fib channel from the december low/march high/june low.
I have removed a lot of the other levels...
I charted out the dates (vertical blue lines) with what was mentioned in the article announcing Abbot Cooper investigation. I have NNDM and SSYS stock price included in the chart with notes. Hope everyone can read.
NNDM price is the candles. SSYS price is the bars.
I want to point out, if you follow NNDM forum on reddit, Stern purchased a month before I...
3D printer manufacturer Nano Dimension Ltd. has announced an additional $1 billion share repurchase. With these funds, the company attempted to acquire its rival Stratasys but failed. Instead, Nano Dimension management plans to pursue mergers with several other market participants, which will ensure potential income growth and expand its business.
Therefore,...
They are playing with us. They didn't fully fill the gap from June and created a new gap.
If the pennant breaks out it will probably go to ~3.02 which is in that major Supply/Demand Zone and will fill one of the gaps.
This also means the price is going to come back down once it reaches that level at some point. Do not sell at those gaps cause someone wants...
Added some channels based on speed fans and fib channels.
Drawings are from multiple time frames but the higher time frame is a cleaner and easier to look at.
13/48EMA and 50/200MA are still bullish despite break below 2.63.
Looking at something with small risk for a nice size reward. The WLB is a good place for support for a double bottom, but I think it will sell of one more time before it starts its uptrend.
Its possible that the $2.20 level will hold and uptrend could start, but this is a lower confidence scenario
Since accumulation has been more than a year, daily chart would be too busy so this is done on the weekly.
You can reference my previously published daily chart.
NNDM Could be ready for another markup phase
My last chart called for a possible markup after a spring in December.
Acquisition news killed that momentum right at a major supply zone.
Price fell and I...
Has Cash flow
Growing rev
Interesting PA Set up
Deeper retrace towards 1.50 possible.
Small adds around this price level is acceptable.
1st tg 4.50
Long term retrace would be pattern completion and cycle 12+.
