Hi shorties, and longs.
In my opinion, NKLA entered short term uptrend today. For the first time since January, NKLA crossed 15 SMA while being in the downtrend.
The relative volume shows buyers. Sorry shorties - I think you had your time and your time will come again :(
The last time NKLA crossed 15 SMA move lasted till 200 EMA cross. It happened two times...
Looking at previous breakouts and last one I think we are in the REAL uptrend now. I;ve entered all in at 1.44. Honestly in my opinion it may drop a bit, but..... the potential here is really high. It could reach 10 USD + this year in my humble opinion. Used cars in China are a niche. We may be the first to enter the market with great great potential and I see it...
IQ sits on multi-year support. Low RSI + high volume -> we got combo reversal set up here. If you like my idea hit the like button and subscribe to my profile. Good luck to longs. BTW I'm a big critic of shorting personally so I won't be publishing short ideas.
TIGR sits on 200 MA. Small candles show that there is equilibrium between buyers and sellers. Recent volume and yesterday's candle could be classified as a bullish hammer pattern. We may see the reversal soon. Keep it simple and stupid. Good luck to longs here.