Nikola Corporation
Long
Updated

Buy $NKLA - NRPicks 21 Mar

321
Nikola Corporation designs and manufactures battery electric and hydrogen-electric vehicless. It operates in two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles, hydrogen fuel cell electric vehicles, vehicle components, and class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sector.

The Energy business unit is focuses on developing and constructing a network of hydrogen fueling stations for its fuel-cell electric and other customers. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.

Nikola corporation files for common stock offering of up to $100 million - sec filing
Nikola corporation says intends to invest net proceeds from offering in interest-bearing, investment-grade instruments

- Market Cap 6.04B

Technical:
- Low levels of RSI – break of downtrend
- Price below MA50, and MA100
- Support at $14.80
Trade closed: stop reached
25 Mar

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