NKLA setting up a massive upside shift to 3.0 price and beyond.

JSAL Updated   
BATS:NKLA   Nikola Corporation
Weekly data is suggesting a massive shift both in pricing and net buy volume.
Weekly higher lows has been registered with gap interval pricing on the upper end.
This is hinting of high probability of an upside reversal.
Net buy / accumulation has been on the significant side this past few days conveying position takers are betting 'long term' on the future upside valuation of the stock.

Expect some more than average price ascend movement from the present range.

Spotted at 1.60

Safeguard funds always.
Trade active:
Nothings changed. Plan is firm -- move up from the range.

Weekly higher lows holding quite well.

Trade active:
Buyers positions has solidified with good foundation.



Trade active:
En route to recovery + growth.

Spotted at 0.80

Long term Price shift has been registered based on weekly metrics with weighty net buying activity this past few days.

Expect some series of ascend from the current strong support base.



Reference News:

Nikola's stock up on deal for hydrogen-fuel infrastructure
Dec 21, 202300:57 GMT+8
By Steve Gelsi

FirstElement Fuel to provide fueling for trucks starting at a station in Oakland, Calif.

Nikola Corp.'s stock was up by 4.7% on Wednesday after the company named FirstElement Fuel Inc. as an authorized Nikola fueling-station partner for hydrogen-powered trucks.

The two companies inked a 10-year agreement to refuel Nikola hydrogen-fuel-cell electric trucks at FirstElement Fuel's hydrogen-refueling station in Oakland, Calif.

"This collaboration unifies their commitment to driving the widespread adoption of hydrogen fuel cell electric vehicles," the companies said.

The station will be able to refuel 200 trucks per day.

Nikola said it's planning to use several paths to build a network of up to 60 stations, including a Hyla-branded station, customer-owned stations and public truck stops.

It's currently planning to have two stations by the end of 2023: FirstElement Fuel's Oakland station, located near the city's commercial port, as well as a Hyla-branded station in Ontario, Calif.

"With additional stations planned, this signifies a powerful synergy between Nikola and , driving us towards a shared vision of a future with cleaner and more sustainable solutions," said Joe Cappello, Nikola's president of energy

Trade active:
My 'focus' stock for 2024. Very high confidence on this one.

Weekly data metrics is screaming BUY.

Spotted at 0.80 target X4 (initial)


Trade active:
Weekly price shift spotted.
Prepare for a series of more than average price growth from here on.
This may target x3 to x5 within the next few weeks.


Spotted at 0.70

Trade active:
Active accumulation / buying activity is evident this past few days.

X5 price growth prospect probability is high from the current levels.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.