Shared by
beno
Technical Analysis – Long Term
- Downtrend since IPO near $95
- Accumulated $55 million deficit according to filings
Technical Analysis – Intraday
- PM uptrend
- PM support at 3.40 and 3.80, resistance at 4.70
Catalysts / News
- PR: reached a major milestone of selling more than 50 systems worldwide since the launch of its commercials sales in Q4 2017
Original Plan / Strategy
Look for washout at open and long at one of PM support levels.
Review
Was able to modify me plan on the fly because I noticed the 4 psychological level was holding up nicely on the tape when the washout from 4.60 happened so I decided to enter there. Exited on the first bounce.
Missed a better washout long from the 3.8 PM level at 10:05 am.
Grade: B
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-10-23 09:41:25 | NNDM | buy | $4.050 | long |
| 2019-10-23 09:41:48 | NNDM | sell | $4.140 | 0 |
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