NIKOLA CORPORATION

NASDAQ

NKLA

Bullishcharts

Rather than looking for a short, we are looking for a reversal trade. Would GM have invested $2billion in a fraud? the departure of the Founder may be good for the stock and GM may now be in a position to either accumulate their share or write the project off. Will look for a strong reversal off the .868 fib and if the stock can regain the 200ma maybe we...

Michael_Wang_Official

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...

FlaviusTodorius67

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...

Rohan_Karunaratne

After deal with GM, NKLA had extreme move to the upside, but failed to sustain above resistance line set by previous high. NKLA probably will retest this high, but my call is down, as their fundamentals are weak. Their market cap is super overvalued, with limited working product. If NKLA can hold above resistance, maybe can begin and ABC corrective wave up, but I...

hevangel

No short squeeze recovery, just dead cat bounce. The down trend before the GM news will continues. Let's see whether it will breaks through the $29 support floor.

ericisom887

NKLA is currently a HTB (Hard to Borrow) stock with short interest clocking a rate of about 40% currently. Especially after the shorter's report came out, most retail traders have been left with a sour taste in their mouths. But due to higher consolidation and some sketchy price action in after-hours and pre-market; a breakout appears to be imminent. First...

Mauriello

Nikola Stock Analysis - Nikola Corporation stock forecast today (week 07/09/20) - NKLA Stock Analysis - NASDAQ:NKLA Electric cars Market seems to be in retracement stage, hence the best option is to hold and wait the end of the price set back before buying. Technical analysis: Based on technical analysis, the idea is to hold the end of the price retracement...

AXLP

Nikola is falling true it's support like a beer down my throat. I don't see why it should stop falling here. It might have a little bounce towards the blue MA, but after that I believe it will go down further, testing the pink and maybe the yellow MA. That would be around it's previous high. After that I believe it will put on it's rock climbing shoes, because...

Ayric

Bad news hitting Nikola. I’m watching this for moves to the upside. Currently no entry, but I’m watching. Wykoff said the Composite Operator (market makers) hide their moves in news events. The way I see it, value investors just see opportunities, either way, opportunities could be exposing themselves soon here. These automated automakers are going to be the next...

liquidmind313

just a chart

iaxson

'fake it until you make it' ...this is not a sound business model in my opinion

CryptoFundManager

Sept 8 (Reuters) - General Motors Co GM and electric truck startup Nikola Corp NKLA will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla Inc TSLA , in a deal that lifted shares in both companies on Tuesday. As part of a multi-part, multibillion-dollar deal, GM received an 11% stake in Nikola, valued at about $2...

burtnette

Strong support at $30. Watching.

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TrendSpotter1

Hi Guys, Lots of moves all around but I had 1 BE on $IPOB and 1 winner in $SHLL. Nice and easy, Enda

lauralea

I hate this label..because it will look like one then it blasts off again! Parabolic Arc chart patterns are generated when steep rise in prices are caused by irrational buying and intense speculation. Parabolic Arc patterns are rare but they are reliable and are generated in mega bull trends. These patterns trend gradually making higher highs and lower lows in the...

justinl619

I will consider entering in the low $20s. This could prove to be a very profitable swing trade.

KoreanStreetBets

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...

Dmitry_Nikolaev

Nikola, daily timeframe: Mirror level + Support line + Breakout of resistance line + Price holding on these levels