The trucks have been delivered
The Fraud allegation has been defeated.
The only leg they have to stand on is Milton selling more shares. Honestly, that shouldn't shake anyone, but it does.
Up Up and up....I hope my analysis is wrong, I want to see the SQUEEZE!!!
The shorts took a shot at sending it back down to below 10, but the trend line held.
The sentiment towards NKLA is changing.
Rivian has all the headlines at the moment, but guess who else is getting a plug every time Rivian makes a splash....that's right, NKLA.
More and more people are watching NKLA now, Rivian just stirred up the pot a little more.
Milton's debacle has reared it's head 1 Final Time.
This was enough for extra shorts to jump in.
I believe its just smoke, a final opportunity to load up before a massive run.
This will cause previous prediction a delay.
This current chart is predicated on some more positive PR to come.
I expect this to fall to around 12.30...shorts will get too nervous ...
Two main observations in this update worth noting.
1. The most important note in my mind is the bounce off of the trendline instead of $13.54.
In the last year, $13.54 has been an important level for NKLA, on several occasions it has served as a "launchpad" for violent increases.
Today, the trendline was very close to the launchpad.
Investors decided to COMMIT...
After months of nothing but sadness...TNXP showed up with some hope.
Positive Phase 1 Trial for their Depression Drug
The best Earnings Surprise (30%) that they have had to date. How did they pull that off?
There is something positive that generated that unaccounted for % increase...THAT WE DO NOT KNOW ABOUT YET!
The estimates on this stock were getting...
In my uneducated opinion...NKLA has been beaten down more than enough for Trevor's mistakes.
Shorts have FEASTED on this stock for too long.
One by one NKLA is stacking positive PR's that are actually substantive (not like the news surrounding their FORMER CEO). They are building infrastructure, securing funding, undergoing certifications/commissioning.
I am a complete amateur trying to learn.
What I think I know so far is that COVID made available entry points for many new investors.
Since the rebound, the overall trading volume has been steadily decreasing.
This makes me think that more and more of those new investors are making their way out of the market as a whole.
If less investors are in the market,...
Following the negative news that sent this stock into an 82% tailspin there is no viable buy signal aside from a simple long-term play.
Trend is continuing downward slowly. Has yet to find a solid support zone.
By way of Analyst Consensus, upside is above 100% but may take 12-months to materialize.
By way of previous share price average, upside is close to...
The silly prelude to this one doesn't seem so silly anymore. REAL MONEY is about to change hands in a big way if history does, in fact...repeat itself.
The fall due to the failed clinical trial messed things up for a while, but on January 15th, NERV again showed signs of life! More importantly, they brought back the SOUP SPOON
But this time around, the SPOON...
This is a Pre-Covid, Pre-Fall...Chart Analysis of Minerva Neurosciences
Why? ...you might ask
Because the past predicts the future with some of these stocks. NERV happens to have a unique and fun pattern.
This stock absolutely has a defined pattern that has been getting more aggressive over time.
I didn't reach back further than the PIPE...it MAY even...
This is a NEWS stock. It lives and dies off of NEWS. Technical analysis ONLY will yield frustration. This stock must be invested in based on more than chart analysis. My personal reason for backing this one is two-fold. 1) They have NO debt. 2) They have a diverse PIPELINE that includes a COVID vaccine (1 and done...no every 4-month headache, no...