Good morning gang! Every Monday from now on we will present our top spread trade idea of the week. This week, we are looking at a 3d printing spread between Desktop Metal & NanoDimension, and Stratasys & 3D Systems.
If you look out 5-10 years in the 3d printing space, most of the uses for 3d printing and additive manufacturing will be within the automotive,...
NNDM start a swing mod after retracing 0.786 from the previous run
There is a strong support at 5.3 where it started a first rebound after this bullish harmonic bat. I imagine another touch of the support before boucning back, 11.5$ can be a fair target for almost 100% gain, further gain might be quite improbable in this run. take profit and let run some just in case
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to...
Long story short I've become yet another bag holder in a company who plans to wait out the pandemic and not adapt to the changing time. From a Ta perspective the company is in a continuous down trend I marked an alert at 5.70 in the event it crosses we are going to the presumed bottom of an older gap at 5.38. From a fundamental point the company CEO told...
Bullish trendline continuation.
It appears to have completed its correction and is now going to continue the uptrend.
If we get a daily close below $5.00 soon or a lot of sideways movement over the next few weeks, I will re-assess my long position.
The main focus is on breaking through the purple line. It will happen. When it does, could be another massive rally. As you can see, when it broke the red sloping line it broke out. That sloping line had far less strength than this one does. Could be heading to $40 or $50... maybe even higher from FOMO.
NASDAQ:NNDM broke out of the falling wedge pattern. Any pullback is considered a buying opportunity, anticipated price action and targets are shown on the chart, stop daily close below 200 MA.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
NNDM shows a clear structure. The chart looks bullish! It is important to stay above 5.39. Otherwise my setup would be invalid. The following levels are important: 8.06 - 8.78 & the intermediate high around 9.32. Then we can look forward with confidence. Overall, I expect prices above 13 USD this year. In the long run, I have price targets of at least $21.
Looks like a nice reversal after a higher high. Retracement is about 50% of previous move.
If it continues up, They'll be an inverse Head and Shoulders with a upward slopping neckline around $8.21.
Since the last swing high is about equal to the previous swing high, I'm out before $9.
I also think that $5.50 is the bottom so I sold a PUT at $5.00 Aug 20 for...
Nano dimension has had a hell of a run since May 12/13, but now the market can't decide what to do. Theres one side that main stream believes, which is inflation and the upcoming collapse of the market or the side of Cathie Woods which we will experience deflation. How can that be with money printing from 2020? Well we aren't printing money as fast now in the...
