this is just stupidShort on this. Fundamentals say more than I could ever say. The big top will give way to a big drop, especially if the indexes tank. Another electric car stock bubble waiting to burst.Shortby MysteriousPersianUpdated 13139
NIKOLA CORPORATIONNASDAQ:NKLA That's not a bad paper for tickling nerves. The company itself is quite interesting. 1. Firstly, marketers have clearly tried with the name: NIKOLA CORPORATION. Since the paper belongs to "Auto Manufacturers", it is easy to make an association: Nikola + Tesla = Nikola Tesla is great physicist, scientist, inventor in the field of electrical engineering and radio engineering. 2. Serious volumes in trades have appeared relatively recently. 3. Extremely low sales, only: 0.42M. I would not recommend this company for long-term investments, especially since at least three serious financial estimates are not yet ready for this company: Piotroski F-Score Altman Z-Score Beneish M-Score 4. However, this does not prevent it from trading within a day. 5. We have a strong level 77 on the upper level of the downtrend reversal. 6. Near retest. 7. We're approaching a big bar, which means it's quite possible not to take the level from the first time. Get up above the level very carefully. The safest thing to do is to wait for the breakout and fixation above the level. For the trading guru: aggressive scenario go long in a breakout bar and if you get signals for shorts - turn over to SL*2. I call this strategy a "dead loop": when you turn a position from long to short on an SL trigger.Longby AllexMl2210
NKLA inside day breakout longNKLA went skyrocketing last week and had been consolidating in the past few days. Here we got this inside day as a chance to enter the trade. Not a very good though but this name means something to me lol. Willing to take this breakout today yo Let's see how it goes yo!Longby Trader_Joe_LeeUpdated 8
NKLA: Bullish pennantBullish Pennant PPS above 50MA and 200MA High ATR, but descending (Lower volatility) Descending volume 200MA ascending, low sampling 250RSI above 50, low sampling R/R above 5 If confirmed: Goal #1 = 137.52$ Longby LeLaf114
OPENING: NKLA JULY 17TH 55 SHORT PUTfor a 21.95 credit. Notes: High rank/implied after going public (134/328). Cost basis of 33.05 if assigned on the 55's. The July at the money 80 short straddle is paying around 60.00 relative to a share price of 81.33 or about 73.8% of the share price, which doesn't happen very often ... .Longby NaughtyPinesUpdated 7
NKLA Keeps addingBeen hoping this thing would keep sliding, but it looks like its found a slight foothold here around 62. Have my eye on a possible bear pennant, but not ultimately convinced just yet. IF RSI goes overbought I likely enter some short positions with a target around 62Shortby WDERUVE116
Big potential for NIKOLA CORPORATIONHey guys, NIKOLA CORPORATION is in a bullish configuration, possibility of pull back for breakout rise in the consolidation zone, bridged the gap then fell back at the end of the session. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd8
$NKLA FOMO Rally IdeaNKLA like this name over $70 with plenty shorts just above. Around $1.1M in calls came in from trader/hedge worth keeping eyes on tomorrow.Longby HispanicHedge7
Nikola (NKLA) - Added to my risk portofolioIt's my personal vision. This idea does not provide the financial advice.Longby KDeB3
NIKOLA: $67 the Pepsi in Coca-Cola the beauty of being number 2 is it will do all the tricks in the universe to be at par or better than the leader by senyorUpdated 1110
NKLA LONG play - Looks LegitGoing long on NKLA $66 /w 30 shares double down at 73. I'll exit if the uptrend breaks on daily. Target is the moon. Stop loss @ 60 Journal EntryLongby Synaptic7244413
Break Out TimeCEO is punching back and giving facts. Hard-working, meeting with folks, making real products, I like it.Longby racethehare7
NKLA THE SEMI ELECTRIC TRUCK CO. AN IDEA NKLA is show casing its consumer truck, which is a mix of the F-150 and cybertruck, yet more modern and update looking compared to the cybertruck. NKLA in a modern feel to help get people that love trucks into electrical and clean energy vehicals. The Stock is currently trading at $63.10, to be transparent I did buy shares in this Company on Monday and I am at a break even point. One of two things could happen the company could start taking off as most analyst think or TSLA could buy out the company, either way I want to go along for the ride.by mthompson452
$NKLA Sets Up Range Trade with Useful Shakeouts to ComeNKLA is one we covered a few days ago. We suggested a long off the pullback to the $22 area in mid-May, and then suggested ringing the register after the breakout on June 8. That means traders should have sold the June 9 open, which locked in prices above $90. From here, we would look for a range trade likely to retest the $50 area, which may set up well for a new shot when it happens.by GregFolin3310
NKLA breakout tomorrow?Hello, today I would like to go over NKLA and what I believe in the company. First NKLA and TESLA can coexist in the same place, neither one or another is better than the other. They just chose to tackle the problem in a different way. NKLA makes the argument that their business model will be more cost affective for consumers than TESLA approach with regulatory problems with electrical cars. When travling you might pay less or more depending on the state lines you are in with eletrical cars not much different with gas right, well it cuts the cost of fossil fuels so its a win, yet NKLA wants to even the playing field cutting the cost across all fuel recharge stations through its hydrofuelcells, also you can get a hybrid of hydrofuelcell or electrical truck if you want. Now NKLA stated that it isn't here to take over TESLA market, it only wants to focus on commercial trucking and will have a consumer heavy duty truck, which is the only competition with TESLA. Commercial trucking makes up alot of pollution in on the roads, so they are trying to solve the commercial problem as of TESLA solves the consumer problem, so win win. News NKLA is show casing its consumer truck, which is a mix of the F-150 and cybertruck, yet more modern and update looking compared to the cybertruck. (don't get me wrong TESLA has a solid truck and looks great, but from an ad perspective i go with NKLA in a modern feel to help get people that love trucks into electrical and clean energy vehicals. Plus they might not feel so silly driving a cybertruck as we transition.) TA Right now we could suspect a breakout tomorrow, yet the problem with whats happening is the short positions are growing at an alarming rate. Whos shorting this? Well you got insitutions betting on TESLA over NKLA, TESLA investors, and many analysis that just don't understand. Also before it was known as NKLA it was launched at around $9 and has been rising ever since unlike SPCE, yet it never launched as NKLA until a few weeks ago. -RSI is over sold, yet not overlly oversold -MACD has turned bullish -We are holding the 50ema as support -If you do want to buy and are too scared to go all in or whatever I do give a range of 62.95-65.59. a break above 69.89 could cause a major breakout hitting 73 Final thoughts This is a very speculative asset and it best to buy in a few shares. I give the price target of eoy at 200 dollars (this guy is crazy), yet hear me out. We are gonna see the consumer truck at the end of this year, bullish, by the end of year in fall I do suspect us to get the numbers of how many orders they have for 2021 production, and last there is small chance that the consumer truck may come out early if they are show casing it now, may be a summer or fall 2021 release. For now I'll go lone and swing trade with other stocks like NCLH and SAVE.Longby nathanielx9Updated 6613
Still needs to come down a bitNKLA still needs to correct a bit more for me. $50 is where i am targeting for an entry. RSI and MFl still too high for me on the 4 hour chart.. Still not shorting from here yet. I want to see it break below 60 before i enter a short position. Interesting stock here with lots of upside. Some people touting it as the next TSLA? Could this be a 1,000 stock in the next 10 years? by WDERUVE9
CNHI Teams with Nikola - 25 Million Share Stake, NEWS There seems to be a disconnect between Nikola, Its Strategic Partners & It's Investors CNHI owns over 25 million shares of Nikola, more than Worthington Industries. (WOR) CNHI has over $4 Billion in cash on hand, more than Worthington Industries. (WOR) CNHI's stake in Nikola is worth over $1.5 Billion dollars or 7.11%, more than Worthington Industries has. CNHI has a market cap of around 10 Billion while Worthington only has a market cap of around 2 Billion. CNHI stock price: $7.08, Worthington Ind. stock price: $35.65 - There's a huge disconnect here. CNHI owns IVECO, one of its subsidiaries working with Nikola on its electric trucks and charging stations. CNHI was part of the spinoff / merger with Nikola, this is how Nikola was started. When you search the news on CNH, IVECO & Nikola, you will see more recent releases including the build-out of a charging network for Nikola vehicles. IVECO is building this for Nikola. Not only are investors buying the wrong stock, as in Worthington Ind.(WOR), in my opinion, the price of CNHI at current levels is an early Christmas Gift. I feel at minimum, CNHI should be trading upwards of $20.00 a share just because of the 25+ million share stake in Nikola, and this is aside from the partnership they have with Nikola through IVECO. 2 News Release Listed Below - (There are more recent news releases) __________________________________________________ RELEASE 1 __________________________________________________ A promising cooperation from the Capital Markets Day CNH Industrial’s Capital Markets Day brought Nikola’s technological innovation to the new Iveco and Fpt Industrial spin-off. CNH Industrial, in fact, announced its intention to enter into a strategic partnership with the company based in Phoenix to accelerate industry transformation towards emission neutrality of Class 8/Heavy-Duty Trucks in North America and Europe through the adoption of fuel-cell technology. The words of Nikola and CNH Trevor Milton, Chief Executive Officer, Nikola Corporation, said: «Nikola has the technology but needs a partner with a European network to achieve it in a timely manner. By bringing CNH Industrial on board, we now have access to manufacturing know-how, purchasing power, validated truck parts, plant engineering and much more». Gerrit Marx, President Commercial and Specialty Vehicles, CNH Industrial, added: «While today LNG delivers significantly lower well-to-wheel emissions, in the medium to long-term, fuel-cell and BEV technologies will deliver the ultimate goal of zero-emission trucking. With our LNG technology we have proven to be European disruptors, taking the lead in industry transformations including fuel supply and lifecycle ownership». __________________________________________________ RELEASE 2 __________________________________________________ Today’s announcement of Nikola Corporation’s intended listing on the NASDAQ Exchange, New York, U.S.A. later this year, through its merger with VectoIQ, is fully supported by CNH Industrial N.V. (NYSE:CNHI / MI:CNHI). “This is exciting news and another key milestone for our joint project to deliver zero emission Heavy-Duty Trucks and hydrogen infrastructure through a unique business model. Nikola’s NASDAQ listing gives further impetus to the ambitious targets we have set ourselves, to be at the forefront of scalable clean technology investments transforming our businesses and environment alike,” said Hubertus Mühlhäuser, Chief Executive Officer, CNH Industrial. CNH Industrial entered into a strategic and exclusive Heavy-Duty Truck partnership with Nikola in September 2019 as the lead Series D investor, with a $250 million stake. IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial, recently announced they will manufacture, through their European Joint Venture with Nikola Motor Company, the Nikola TRE, battery electric (BEV) Heavy-Duty Truck, at IVECO’s Ulm, Germany manufacturing site. Start of production is anticipated within the first half of 2021. “Nikola’s unswerving ambition to comprehensively transform our industry and its environmental footprint represents a great non-cyclical growth path for the business. Listing at NASDAQ, in order to raise funds in today´s market environment, is clear recognition and support of the project’s strategic direction,” said Gerrit Marx, President Commercial and Speciality Vehicles, CNH Industrial. CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. Longby HotChartsUpdated 228
To the moonLooking at a pretty clean day trade setup for NKLA here. Looking at an entry at a retest of 70, with a tight stop loss just below. Green lines are the two target areas. NKLA has gone parabolic and has no business being at it's current price. That being said, there is no telling where it will stop, big swings up and down in this one will continue. Just have to play it smart and carefully. If a break of 70 were to occur. Look for the next entry to be on the 9 dma around 59... Longby JTI96Updated 337
NKLA moving againAfter a period of consolidation we can see NKLA starting to make another move. I'm looking for 77-80 at the end of the week/Jun 19. This ~~ 68-70 area will be key to clear to make a run to the previous highs. Note even when the SPX sold off dramatically Thurs and Mon morning, this name was not being slaughtered. Furthermore, as TSLA pushes to 1k again, there could be some rotation from there to here as a 'more speculative' name. Remember, float here is not big: 23M shares only. 3.3M shares short as of 5/29 Technically, we have a triangularish form (sometimes I like to call it a serpent head since it looks like a snake on the ground sticking it's head up. Nonetheless, we have pushed higher through this formation. MACD is beginning to turn up strong bollinger band contraction snapping wider now. NOTE: as I was writing this I show we are nearing 70 in after-hours trading (which I don't really give much credence to but still is worth of noting)Longby tacosaurus118