Nano Dimension Inverse Head And Shoulders Bullish Breakout

NNDM has been following an inverse head and shoulders pattern since February. It has now broken out of the pattern and managed to stay above the neckline after retesting it yesterday. I expect bullish price movement towards a $17 price target as long as Nano Dimension continues trading above the neckline.

Congratulation to everyone who bought the single digit dip during the correction and held on to it!! NNDM has been a beast during this market correction, arguably bouncing back as fast as it fell. We could see this momentum carrying on as we head towards $17.

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Chart PatternsHead and ShouldersnanodimensionNNDMTrend Analysis

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