|Day Low/High||4.16 / 4.47|
|52 Wk Low/High||4.20 / 17.89|
I want the $10 level as my long strike for the put spread.
Here is how I plan to trade them from here.
Small, aggressive traders are doing so well with the chasing that they are likely to continue for a while.
There is still strong interest in stock picking which is the most positive thing about this market.
In four months, NNDM will have raised $1 billion in cash.
There are plenty of opportunities out there, but you have to be quick.
The market has been bidding up companies in this sector aggressively over the past few weeks.
Next week we are likely to see some shift in the focus of the market as we move back to macro and big picture issues.
The primary problem is that there was just too much wild speculative action on Monday and Tuesday.
Given the surge in interest in electric vehicles, demand for lithium produced in the U.S. will be substantial.
It has not been a smooth transition between 'reopening' and 'stay-at-home' stocks.
NNDM has developed 3-D printing technology that is used to make printed circuit boards.
There's selling pressure but that's healthy and will help to give us some better entry points.