NKLA Looking to Break Out for the Afternoon Looks like we're breaking out here. Be careful but be long. Opinion only, not trading advice. Trade at your own risk. Longby StockPickingEnthusiastUpdated 141420
NKLA Full Video AnalysisIn this video i provide a road map and potential topping formation on the hourly time frame. It would be unwise to hunt for a long position at these levels. The fear of missing out can be a powerful emotion that must be controlled if you want to succeed as a trader. We must make logical trading decisions based on confluent factors. Using multiple indicators and tools to establish future price action is the goal. Please refer to my Educational video on elliot wave using fibonacci to get a more in depth view on my trading style. Thank you for your time and thank you for stopping by RigoShort19:45by rigorocks10109
NKLA, Uptrend Lines are still intact on Daily, and Hourly.NKLA, Uptrend Lines are still intact on Daily, and Hourly. Its also Above the 50 Period MA and 20 Period MA The formation is a rising Wedge with overhead Supply at $37.55 to $38.92. A possible break higher would bring it above the $40s. Longby taoistmonk6