Nano Dimension Ltd Sponsored ADR
āļĨāļ”āļĨāļ‡
āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:

NNDM - Ultra Deep Value Play 2 🧐

818
Nano having previously rumbled the support area has 2 more distinct areas with plenty of fib confluence.

From bottom to top 0.382 and 0.5 find the two support areas.

Then the 3 recent pivots from the top shows ABC - C wave target in similar areas for 1:0.618 and 1:1.

...

First price target for 1:0.618 ABC @ $4.9 -$4.43

Second price target for 1:1 ABC @ $3.2 - $2.8.

I will be buying in these areas.

Not advice.


āļšāļąāļ™āļ—āļķāļ
Price in a tightening descending channel making contact with previously rumbled support area.

A lot of buying pressure in this support area will have been exhausted from the previous bounce.

From here price will probably either -

  • Break to the downside

  • Have a bounce to a regressive fib, probably 0.382 or 0.5 before continuing down lower.


āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
Outcome:

  • Have a bounce to a regressive fib, probably 0.382 or 0.5 before continuing down lower.


Price has broken through support. Earnings is coming up, but I wouldn't touch this after a impulsive support break. It could have a bounce on earnings but ultimately support is twice broken and very good chance lower prices are coming.

āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
Price has tested and had a first rejection from support turned resistance. It could hang around, but good chance price will be heading down again soon enough.

āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
Activity and multiple fakeouts testing the support / resistance horizontal. After an extended fakeout to around $6.85 price has collapsed back to support and probably revealing where the trend is.

This support has had a lot of testing now and this is building cause to the downside. I'm expecting a big drop soon enough and then some of the comments on this page may be humourous.

āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
There may be a small pop through the 50Dma, but a rip to the downside is coming soon enough. Too much touchy feely with support. Liquidity has been tapped.

āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
Any questions?

āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
1st target hit but I think there could be quite a way to go till the bottom yet. Things are starting to turn bearish across the board.
āļšāļąāļ™āļ—āļķāļ
Now sub $3 - getting smashed ðŸ”Ļ āļŠāđāļ™āļ›āļŠāļ­āļ•
āļšāļąāļ™āļ—āļķāļ
Long way to go still and quite funny comments.

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

āļ‚āđ‰āļ­āļĄāļđāļĨāđāļĨāļ°āļšāļ—āļ„āļ§āļēāļĄāđ„āļĄāđˆāđ„āļ”āđ‰āļĄāļĩāļ§āļąāļ•āļ–āļļāļ›āļĢāļ°āļŠāļ‡āļ„āđŒāđ€āļžāļ·āđˆāļ­āļāđˆāļ­āđƒāļŦāđ‰āđ€āļāļīāļ”āļāļīāļˆāļāļĢāļĢāļĄāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™, āļāļēāļĢāļĨāļ‡āļ—āļļāļ™, āļāļēāļĢāļ‹āļ·āđ‰āļ­āļ‚āļēāļĒ, āļ‚āđ‰āļ­āđ€āļŠāļ™āļ­āđāļ™āļ° āļŦāļĢāļ·āļ­āļ„āļģāđāļ™āļ°āļ™āļģāļ›āļĢāļ°āđ€āļ āļ—āļ­āļ·āđˆāļ™ āđ† āļ—āļĩāđˆāđƒāļŦāđ‰āļŦāļĢāļ·āļ­āļĢāļąāļšāļĢāļ­āļ‡āđ‚āļ”āļĒ TradingView āļ­āđˆāļēāļ™āđ€āļžāļīāđˆāļĄāđ€āļ•āļīāļĄāļ—āļĩāđˆ āļ‚āđ‰āļ­āļāļģāļŦāļ™āļ”āļāļēāļĢāđƒāļŠāđ‰āļ‡āļēāļ™