Entry plan Long

NASDAQ:NKLA1D

Nikola CorporationNASDAQ

Description

⋅ Jul 3, 2020 4:06 AM

details on chart.

Trend Analysis Wave Analysis

Comments

sachinjob12

⋅ Jul 3, 2020 6:02 AM

Can you please explain this chart - Trying to learn charts /:) Thanks !

volociT

⋅ Jul 7, 2020 2:51 AM

@sachinjob12, from what i see, NKLA is forming the 4th wave (correction wave) could go as low as 47.50 then upward from there for wave 5.

my long term target is $100 .. and stop loss exit at $46.

sachinjob12

⋅ Jul 7, 2020 5:00 AM

@volociT, Thank you so much !!! what is this type of charting called ? is it called the wave charting ?

volociT

⋅ Jul 7, 2020 12:41 PM

@sachinjob12, called Elliot Wave Theory, there are many videos about this on youtube.