Kcajnella

NKLA cup and handle

Long
NASDAQ:NKLA   Nikola Corporation
the RSI says that the market is oversold NKLA ipo launch was at $9.50 they haven't done anything as a company to lose value. NKLA is currently making and about to be distributing hydrogen powered cars and hydrogen power stations in Europe. Their stock fell in price from $90 mostly due to a failed partnership with GMC. The USA doesnt know yet how they can tax a hydrogen fuel station and they are too invested in oil to bring hydrogen powered cars to the us. However there are many hydrogen powered fuel stations in the uk and their company is still growing.
We are about to have a bullish cross on the stoch RSI this has been way oversold from all the price suppression after the failed GMC partnership. this stock is unaffected by Biden s new proposed 43% capitol gainz tax because its mostly overseas at the current moment so its unaffected by all the FUD thats being spread within the USA by the mainstream media
Cup and Handle / inverted head and sholders
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