Houston Is There A Problem? - Nikola (NKLA)No discounting the fact that early buyers SHOULD BE doing the Scrooge McDuck dive in their gold coin swimming pools right now. But after looking through the hype, is there a true, near-term catalyst here? Is this a moon launch or just the top end of a bungee jump? Just a look at the filings raises some really good questions.
“Even if we are able to successfully develop and sell or lease our trucks, there can be no assurance that they will be commercially successful. Our potential profitability is dependent upon the successful development and successful commercial introduction and acceptance of our trucks and our hydrogen station platform, which may not occur.”
Quote Source: Is Nikola Corp (NKLA) An Overpriced Penny Stock Or The Real Deal?
Electricvehicles
BUY CNHI - THEY OWN OVER 7% OF NKLACNH Industrial (CNHI) owns over 7% of NKLA
CNHI just invested another $250 million in NKLA
CNHI is the stock to own, not NKLA.
CNHI is also profitable with a low P/E
Long!
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VWAGY (Volkswagen) - WeeklyShort term forecast for long term positioning
Looking for a reversal within the coming month & eventual downwards trend towards the DCA zone
Recent news: Volkswagen recently restarted operations amid concerns of actual demand within the global market.
FA: From 2018 to 2019, Volkswagen saw a 20+% increase in yearly net operating earnings generating up to just over $16.9 billion.
As a major player, the company is well positioned to adapt to future automotive trends, given they continue to embrace smart
car innovations. Due to the current global environment and reasonably forecasting decreasing demand for vehicles for at least
the short term, it wouldn't be a surprise to see price action return to the range between 10.65 - 14.51, this area may serve is a
good opportunity for securing some longer term positions via DCA.
Always DYOR & keep risk managed :)
*Disclaimer: The above analysis is an expressed opinion only and should not
be confused as professional financial, investment, trading or legal advice.
NIO!! $Nio is looking to make a parabolic move similar to its counterpart, Tesla.
After a establishing a bottom base at the $1-$2 range, $Nio exploded to $5.65 and has consolidated nicely to form a new base of support at the $4 level.
If this does shape up to be a parabolic advance the current level would be the 2nd base. A move up to the $6-8 range would be the 3rd base which could be followed by a near doubling in price. This move would happen rather quickly. My aggressive targets are above. I have made entries at the $4 level with stops below the consolidation lows. This would make for a nice R/R
Can NIO Finally Confirm a Move Out Of Penny Stock Territory
" What has been the biggest driver ? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?"
Good question. But finally, NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes live
Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
NIO: buy on pullback toward 70 RSINIO was already a great price even before its earnings report. The earnings report sent it soaring higher, but based on the earnings outlook, it still may have room to climb. I think the stock could see $5 per share soon. However, first it will probably pull back this week toward 70 RSI. I'll be buying the dip and looking for a move higher. This is a swing trade, not a buy and hold, because the company hasn't turned a profit yet.
NIO The Big FlopEarly this year I made this chart after the 40% cliff fall from $10. Now that these parallel lines have been breached I look for the rebound above those lines. As far As I am concerned this stock is dead until then. I also would like to point out the overwhelming bullish sentiment in the community. Usually this is a heavy indicator for more downward movement. As always I follow 3 main rules while applying basic charting and geometrical proofing. 1.Block all noise. 2. Charting and volume. 3. Have fun and make money.
Stay far away from $FUV | #Arcimoto until it finds SOLID SUPPORTStay away from $FUV until it finds SOLID SUPPORT! Former resistance will likely flip into support in this particular trade idea, so that's where we will consider entry! Or you can SLOWLY ladder into a SHORT position here as well!