NNDM 8/14/2021

14 Ogo 2021

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 investors in so many words to basically wait and be patient so I take that is this earnings coming on the 14th will show little catalyst so sideways movement hopefully at a stable point to average down and wait as told. Personally, ill be watching this one very loosely until it cross a conviction level of 6.50; however, we got a few other levels to beat first.

14 Ogo 2021

Nota

Also the short term SMA and long term SMA shows Both price and directional weakness.

17 Ogo 2021

Nota

TBH after HHSPN comment I reconcidered various levels and added 5.58, and 5.52 ( my DCA point based on my avg cost); however, it did indeed touch 5.58 then rest the rest of the day around 5.69 area. my idea remains the same with earnings approaching so is further weakness