@Wizard,look to buy again from from 13 till 10 ad will see
Wizard
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@GoldenBullTradingDesk, I see, might be a nice speculative idea, too risky for me. Each to our own. All the best! :)
GoldenBullTradingDesk
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@Wizard, all depends if one can hold as might take some time for bottom to form and accumulation to happen low is around 15 and I think double bottom and below that shakeout and big volume will be my signal for 2o and if it breaks diagonal trend line then will become a momentum play but that will happen with rumours or positive news in my opinion I can be wrong but That is how I am looking to play
GoldenBullTradingDesk
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Hey buddy good on you . Thanks for your point of view but when we buy we accumulate at different level and are aware stock can fall big in short term . These kind of reports are common practice by short sellers and if you look history same thing happened with Tesla and they all got crushed . These are companies of future and more then half of them go bust but ones who succeed reward big . All these are my personal opinion and not a trading or investment advice and you trade or invest at your own risk . Good luck and god bless.
Wizard
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Obviously, this is not financial or legal or any other advice, it is a personal opinion and it took me a few minutes to write this so.. Hope it is useful!
First, not a bad quote, but there is no worse stock to apply it to. Rules of thumb are plenty and often oppose and sometimes contradict each other.
That is why if used, one must pick the right ones.
Here are some for the Nikola motors bulls :D:
"Price is what you pay. Value is what you get." - you get no value with Nikola
"Risk comes from not knowing what you're doing." - anyone buying Nikola clearly has No Idea what They are doing (unless you are speculating on the idea that market and news insanity will drive the price up again in the short term - but I think this is a terrible idea: very risky, low reward, high risk)
Everyone, please do yourself a favour - know what you are "investing" in. Hope no one here is invested into Nikola Motors, in which case have a nice day! If you are invested in Nikola have a nice day too, but it may be quite hard with what is up with your stock holdings.