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 $0.15. That's a nice conservative play I think.
Disclaimer: I'm no expert, this isn't advice. I also own a fair number of shares of NNDM long term.
Comments welcome, especially if you disagree.
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 $0.15. That's a nice conservative play I think.
Disclaimer: I'm no expert, this isn't advice. I also own a fair number of shares of NNDM long term.
Comments welcome, especially if you disagree.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.