NKLA LongNKLA probably getting tight here. Gap to 'possibly" fill up to $26. Lots of overhead supply ahead of that. Either wait for volume confirmation for break out or look for entry near the bottom lines either short or long.Longby Lau_Networks774
NKLAThis POS— or hidden gem— hopefully by this time next year, we will have the answer. Longby SwissVegaPhyle2
NKLA over 21.07I know what you're thinking. Bear with me here. The chart is set up here, entry based on hourly resistance. Good supporting order flow today. It could have a nice pop and squeeze shorts for a quick trade.Longby SpinTrades111
Breakout or fakeout? PT 24+ is possibleLets see what tomorrow brings, looking at 23+ with the new hydrogen manufacturer partnership. Just speculating!Longby TheAmericanTaxpayer222
NIKOLA CORPORATION: The Rocket Is About To Take Off.The down trend is getting exhausted hence you can see its curving, i expect the bulls to take over very soon. The corrective structure is over now and a reversal is soon. Thank you for your support.Longby abel11171727
Nice dip entry here!im not a big fan of this company but i might just buy the dip here for a scalp! long if 19.7 breaks sl 17.5 and price target 22-24! goodluck to longs here, feel free to leave any questions or comments below and ill get back to you ! :)Longby Vibranium_Capital2217
NKLA BUY OPPORTUNITYWe see some volume come in last days and the scenery almost looks perfect for a bullish move.. by TheTradingTraveller0
Nikola Stock Analysis - NKLABased only on Technical ANALYSIS the idea is to go longLongby Mauriello339
NKLA Long entry , market sentiment based I don't really like the company too much but I think the sentiment is turning positive and technicals look acceptable to take a starter . Good Luck ~Longby NAK198711116
Nikola signals to break-outNikola has performed as a young crypto coin from May till June last year, has had a 85% retracement, but has broken out the yellow descending wedge and has touched an old high of March 2020. We had an sudden rise after first break-out before the announcement of GM, but an abrupt decline right after the cancellation of the electric truck production and 11% stake in the company, which brought Nikola even below the 20 usd. Though, we should go up again and if we break 25 usd, this should be a go. On the other hand we could have a flatliner and a continuation which we know with crypto and this could interlude a longer correction and winter for the EV market. Tesla looks to be nearing a turning point as well.. Let's wait and see. Though a very good entry point for Nikola.Longby Wolverinos1
SPACs year in review: NKLA, SNOW, ABNB, AI, XL, GOEV, QS, LAZR..SPACs year in review: NKLA, SNOW, ABNB, AI, XL, GOEV, QS, LAZR, FSR, DKNG, RIDE, DASH Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel www.tradingview.comby Options360883
$NKLA Nikola Corp Potential Targets Potential continuation today from the relief rally. Pivots, candle resistances and MA's are now levels to consider. Longby Bullishcharts13
NKLA LongDemand zone confirmation Bullish Engulfing Entry 16 Stop 10 Target 35 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it. Longby PlanTradePlanMMUpdated 9
I'm About To Buy Some NKLALet me be clear: I'm not bullish on NKLA. In fact, I don't think it's a good company at all. Companies with drawings of electric vehicles and fully staffed IR departments don't often add up to solid fundamentals and real revenue. That said, this isn't a fundamental play - it's based on some of the market mechanics I think are happening under the hood. First: NKLA just busted through an extremely important long term price level at $16.15, then sold off hard a further 15% - making the company extremely oversold in the short term. Just on a technical basis, I would be a buyer somewhere around here in expectation of a short lived price pop. However: I think NKLA has become an "obvious" short term short play for big and small money alike. When that happens, I like to be on the other side of it, just in case a squeeze occurs and my shares turn into a cheap call option in the event that the stock moves back into the 30's and 40's. Obvious technical breaks like the one at 16.15 can often be traps, suckering in newbie traders into shorting. That dynamic could occur, or the company could start to show some real revenue in the short to medium term. If the company's plans actually pan out, then this is a good price to get involved. Plus, you get the "EV" premium that's touching all of these companies. I think the risk reward down here for a short to medium term trade is very low. Cheers!Longby PropNotes101032