Short
Still not out of the clear* Warning
While retail bagholders had a breather, Nikola managed to jump nicely in the few days. However, with rising inflation amid tech stock sell-offs NKLA may drop to 11$, before it resumes an uptrend.
Anything is possible. Also lots of Articles out lately warning of NKLA's SEC and DOJ investigations. Analysts have also slashed the forecast while no hedge funds are in. The stock is 25% retail owned.
Play with the trend.
Overall long term trend : Bearish
Short term trend : Bullish
Use a tight SL and safe trading!
NASDAQ:NKLA
Anything is possible. Also lots of Articles out lately warning of NKLA's SEC and DOJ investigations. Analysts have also slashed the forecast while no hedge funds are in. The stock is 25% retail owned.
Play with the trend.
Overall long term trend : Bearish
Short term trend : Bullish
Use a tight SL and safe trading!
NASDAQ:NKLA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.