Hello everyone, as we can see we have a huge triangle on NKLA. We have many rummors about NKLA right now, but if we look at price action, we are just waiting for the price to break through the triangle, make another retest of the bottom support or break down the triangle and go bankrupt. Let me just say that I remember when TSLA fell a lot, because Elon Musk...
Stock was hoovering nicely at 20 ish for a while so I expected it to move higher after getting hammered because of unfounded rumours SO FAR 170ù on a small position but expect it to rise further to 35 and more as just broke the 25 last resistance level Nikola Corporation (... NKLA C 15/01/2021 20.00 5 5 $ 3,60 $ 9,50 21,79% $ 2950,00 163,89% $ 1800,00 €...
Here are my 2 cents. This isn't advice it's just me thinking things through for my own fun. 1. NKLA ran hard already based on good news. 2. It's bottomed back to per rocket land. 3. All the lawsuits etc etc etc could be just noise while big money continues to enter. (my opinion) 4. GM and NKLA are probably going to announce something soon. 5. NKLA is backed by...
There are 3 SELL signals present and the candles are below my resistance level (24.83) so, I'm BEARISH. I don't think this is a good time to buy NKLA at the moment. If you want to buy NKLA, you can wait for EngineeringRobo's BUY signals to be present. After you buy, watch out for EngineeringRobo's sell signals and consider selling it.
in this chart we just wanted to simply compare between the electric vehicles leading stocks and see what conclusions we can draw. We can see NIO ripping up the chart with 600+% and showing that government funding backed with actual product delivery increase is a winning combination. Workhorse which signed a EV delivery truck deal of 8.1 billion with USPS has...
View On Nikola (21 Sept 2020) Nikola is in the strong downtrend and it is about the touch some serious trend line. So, I expect it can fall further but please be cautious too. Why? It is near "normal" up trend line. A very good support level for this counter is $15-$20 region. Let's see.. DYODD, all the best and read the disclaimer too. Feel Free to...
The bubble has burst in NIKOLA. The company is in a clear down trend and have a high change of bankruptcy by the year end. I will short this stock and target initial 0.618 fib.
textbook bearish pennant, not looking good could bounce short term but based on fundamentals, it won't be much
Ascending triangle: retest the resistance (upper green line If we dont break, head back down and hit a higher low (lower green line) Retest Resistance and hopefully this time break through shoot towards the $28 range (dark red line)
Not a good look for the Nikola Company and its shareholders (if there are any left) after they just received their first Sell rating from wallstreet by Barrons with a price target of $15.00. $NKLA is down over 80% from it's June ATH less than just 100 days ago. The sell off began just after Nikola's deal with GM, when it was pointed out that Nikola's founder...
It is time to swing trade NKLA on the trending side and it looks like now it is trending up. Down trend ended by ADX fell below 40 line. Chop index showing it is in trend now. Beta now above 1 so risk reward higher. watch the 30 min chop index for indication of trend ending for stopping swing trading. Disclaimer, this is only for entertainment and...
Ibelive that here is the bottom for this period and next trading days.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish...
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be providing an in-depth analysis on Nikola Corporation (NKLA), also recently known as the Tesla (TSLA) killer. I'll provide an overall understanding of what Hydrogen vehicles are, what...
Well Nikola is a classic example of what happens when a scam gets too big. Newbie investors hop on board, who are misinformed and think, basing their opinion mostly on mainstream media articles, that Nikola will be the next Tesla. Unfortunately the mainstream media is totally clueless, and it becomes more and more apparent that Nikola is and has been an elaborate...
With the Hindenburg short accusation report against Nikola, the price of the NEL stock has come under pressure, indicating a possible double top pattern and putting the subsidiary offering in doubt. The stock need to protect the last major support level at around 17.5, or the clearly visible gap in the volume profile will come into play as large amount of recent...
On the 15 minute chart, the BB are indicative of a nice squeeze between support at 30.64 and resistance at 32.78 (which was Sept. 4 previous support and is now current resistance). On Sept 8 with the news of a partnership with GM, the stock surged from 35.63 to breaking through previous resistance of 37.32 to 54.50 in a day! I always say "what goes up must come...