Trade ideas
Bulls make money, Bears make money, Pigs get slaughteredNKLA has been a scam for several years now. Enron much?
$NKLA Long Term HoldProduction hype will happen later this year because they start to produce in 2022. Long term play. Hopefully this plays out.
NKLA1st breakout attempt failed, 2nd breakout attempt failed. 3rd time's the charm? Getting tight down here but could get tighter this month. Watching.
WATCHING THIS AREA ON 4HR AND 1HRno confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
Great opportunity coming ahead.RSI have never touch undervalued territory so I'm expecting it will this time. Expecting PPS to touch $2s-$4s before permanently goes up and never look back. Great opportunity ahead.
NKLA to pop by end of AprilGot 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.
WATCHING THIS AREA ON LTF Feb 22
no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
NKLA Entry@ $13 Delayed Target @$80 Aug 2, 2021Nikola Motor Inc...
NKLA Entry@ $13 Delayed Target @$80 Aug 2, 2021
Nikola Motor Company designs and manufactures electric components, drivetrains and vehicles including the Nikola One and Nikola Two electric semi- trucks.
Website: nikolamotor.com
Factory update: youtu.be
TRE 3 Prototype Update: youtu.be
$NKLA Decision pointChart is in a bearish, wedgish looking pattern with the volume POC right there. I'm looking for a bounce here, with decent earnings and EV sentiment high. That is if Ms Market doesn't keep pushing everything down. Will look for a hold of this 19 area otherwise will likely drift on down to the 16 to 14 area.
Hedge losses by Shorting NKLAShort-term play.
As we know Nikola Motors is far from a revenue-generating period, so it would be logical to short.
Based on increasing short volume again - Check Fintel.io
And the fact earnings are coming out, we could expect a dip to 13$ or below.
Personally, I think this is a good play and overvalued IMO so correction is inevitable.
Didn't pay much attention to the scandal last year but we seem to be due for a drop.
NASDAQ:NKLA
Besides, the trend is bearish so you may as well take advantage of that.
Entry price @18-19$
TP @13-15$
SL @21
(Disclaimer)
(This is not financial advice, just my opinion)
Something to Watchno confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
Nikola possilbe reverse and breakout?Nikola - reverse? breakout? possible route ... even though it's important here to watch the news of the company
Long $NKLA On weekly TF price found support at $13.72 in December and broke out of trendline at $20.38 and now is in a pullback stage & could go down to $20.10 (100 EMA) before making a move up.
