Here is a bullish chart of Nikola Corporation. This looks good for going upward in the coming months. The chart outlines various resistances it has on its way. The first one is a 3M resistance 3MR1 where the price is headed currently. I think the probability is very high that the price on this current move pushes upto 3MR1 after having some resistance and pullback...
LARGE MARKET CAP (Over 1B)
NKLA Discount 95% From Top
USD Extreme Bear Levels
Stock Recovery Imminent!
Entry Levels:
3 All Time Low
5 Deep Value
TARGETS:
7 EARLY PROFIT
14 RALLY TOP
20 MAJOR RESISTANCE
50 FULL RECOVERY
Happy Trading!
A chart for Nikola showing a massive MACD divergence that has been building ever since the peak
Attempting to pick the bottom is difficult, a + (positive) MACD would be a good start
I have no idea why this broke out so strongly in 2020, can someone fill me in?
This divergence is bullish LONG TERM
Nikola Corp said it had started production of its electric truck.
NKLA started manufacturing its Tre battery electric vehicle in Arizona on March 21.
They will start production of the Tre BEV truck for the European market at its factory in Germany in June 2023.
i expect a price target of $13.90 and $19.15 eventually.
Looking forward to read your opinion about it.
Hi, this is my new update for Nikola. Nikola is down 10% in the last 2 days, but nothing special has happened, we are only backtesting the top of the double bottom and everything is showing that the support level $12.40-12.50 is going to hold. I expect we are going to break the resistance $13.60 next week and we are going to set a new higher high. So be patient...
Got some long dated calls, love the look on this one. It either stops for a giant IHS here or heads to $12-$13 and then pop, but once it breaks it's downtrend it will pop, I think by the end of April at least and it should continue to fly pretty high, I expect longterm to get over ATH but that will take a long time I'm thinking.
From the behavior of NKLA since it was exposed as a scam in September, it has appeared to hit certain price floors and then stop. For such a volatile stock with huge questions of its legitimacy and ability to remain an ongoing concern, it is striking that the price would sit within a narrow channel for weeks.
Some have theorized that MMs are actively buying and...
Nikola finally tested the long term resistance trendline today, largely based on Earning Report anticipation. It was quickly rejected from the trendline on HIGH volume. This was also the first time it tested the bearish ema death cross, and its now confirmed. Expect further mark downs.
Knowing how SPACs work, their traditional FIB levels, and psychological...
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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...
Hello Traders,
NKLA has been pinned down lately on the assumption that this company is not real, they don't have a single product, and that they are a total scam.
Well...there's a lot of those in the stock market.
We are NOT another NKLA shill...we simply trade the charts.
Let's take you guys back to early August when we entered our trade (3-6month swing...
I was expecting it to test the break of the support trend line much sooner then it played out, but it did play out. Interesting to see which way it goes here.
