Nikola
Nikola - Back at $18 - Another Run Up?Just using TA this time around. Checking back in with $NKLA. We got a lot of backlash on our last Nikola position, but ended up with a +44% profit trade in under 10 days. (Check out or last Nikola Post on September 24th.) The stock was beat, oversold, flooded with bad news, and found some support around the $18 range. We're right back at the same levels today, so we're going to try and ride this one again. This is strictly a short term set up and we'll be using a trailing stop loss to secure gains.
Targets:
1. $26.30
2. $34.15
3. $42-45 range
Stop loss at $16.20
RR: 3.49
Gain of 44% if it hits our first target alone
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
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NKLA soon to deep below the bearish wedge support of $16.5.As it was expected, Nikola keeps moving to its ultimate destiny, of a penny stock.
The technicals couldn't look worse for it, is likely to break the support line around $16.5 and deep to the lower fib extension lines, likely to stop around $8 bucks, by then $16.5 will be a resistance, and it would take a great deal of shenanigans to take it through.
I tell you what I see, I see Nikola hitting 8 bucks before Jan, and then wandering around between $8 and $16.5 until it's next Earnings period in Feb just to deep lower from there. It is likely as well that it will sell way before the earnings date, so in mid Jan and beginning of Feb this thing should be on the move again.
Fake technology, fake products, fake CEO, fake deals, fake everything, this is a penny stock company.
Will Nikola fulfill its doom prophecy of going below 10 bucks?With so much happening against Nikola this year, some expected it to be already in the single digits, nevertheless the stock still trading around $35 bucks. However I think that after this coming December the speed in which the stock is falling could accelerate, as major stock holders will be able to sell at will its shares locked in contracts until then. So the first week of December should be revealing for Nikola, and I think it will move the stock to the bottom of this descending triangle, to retest the support, and eventually at some time in 2021, maybe deep below towards single digits.
The company is a total fiasco with no products to show but empty promises.
$NKLA Nikola Corporation (Idea 2)3 Month View
Auto Fibs
RSI looks like its going back down but could easily now stay up
Interesting. I'm going in this long. I didn't buy so many but good enough for a double if it could reach to my $60 mark.. RSI to me is just a guess for the market to kinda breathe a bit but also dramatic draw for a 3 month view
Watched it at 20$ and was still in WKHS but I would of jumped in if I didn't put MAJORITY in WKHS with the GREEN positive :)
NASDAQ:NKLA
#NikolaCorporation
#InvestSmartWAAS
#TradeSafe
NKLA - is it second Tesla?Until 3rd December there probably will be done the deal with the GM.
Everyone is afraid now, because of law companies attacking the Nikola for misleading informations about the company.
But everything looks like it still wants to go up after this massive bullish flag.
Looks like MACD + RSI + MFI is trying to bounce off the support line.
We will see!
NKLA - Time to fill the gapsHello everyone, as you can see on the daily chart we have 2 gaps that haven't been filled and in stocks, usually those gaps like to be filled. I am well aware of the bad news for NKLA and the locked shares due to 3rd of December and this is another reason why I think that we will see big upside to fill those gaps and most likely we will see those shares being sold on 3rd of December. It's a risky play, but based on the huge buy volume that we saw which broke through the huge daily triangle, this stock has the potential to fly to atleast 40$. If we don't break through the resistance right now though, we will fall to 18$.
NKLA - Waiting for confirmationHello everyone, as we can see we have a huge triangle on NKLA. We have many rummors about NKLA right now, but if we look at price action, we are just waiting for the price to break through the triangle, make another retest of the bottom support or break down the triangle and go bankrupt. Let me just say that I remember when TSLA fell a lot, because Elon Musk couldn't keep up with the production and everyone thought Elon is a fraud. Look at TSLA now! . I also remember when NIO fell to 2$, because it got delisted from the american market, because of Trump and everyone thought NIO is done. Look at NIO now. This is really high speculation and it is high risk - high reward. I would say buy NKLA if the price gets to 30$ and have stoploss if it breaks in the triangle again . Good luck to everyone, trade money you are willing to lose!
Opened a 5 contract call JAN 2021 on the 9/11 exp jan 2021 Stock was hoovering nicely at 20 ish for a while so I expected it to move higher after getting hammered because of unfounded rumours
SO FAR 170ù on a small position but expect it to rise further to 35 and more as just broke the 25 last resistance level
Nikola Corporation (...
NKLA C 15/01/2021 20.00
5 5 $ 3,60 $ 9,50 21,79% $ 2950,00 163,89% $ 1800,00 € 4002,36
Not an investment advise just my opinion , be careful with option as it is highly leveraged
$NKLA isn't a joke.Here are my 2 cents. This isn't advice it's just me thinking things through for my own fun.
1. NKLA ran hard already based on good news.
2. It's bottomed back to per rocket land.
3. All the lawsuits etc etc etc could be just noise while big money continues to enter. (my opinion)
4. GM and NKLA are probably going to announce something soon.
5. NKLA is backed by some massive names already.
6. The chart is salivating and screaming for a breakout.
IDK anything. This is just speculative. GL.
NKLA (NIKOLA) AnalysisThere are 3 SELL signals present and the candles are below my resistance level (24.83) so, I'm BEARISH.
I don't think this is a good time to buy NKLA at the moment.
If you want to buy NKLA, you can wait for EngineeringRobo's BUY signals to be present.
After you buy, watch out for EngineeringRobo's sell signals and consider selling it.
Tesla Vs the strongest EV stocks - Who is ahead and by how much!in this chart we just wanted to simply compare between the electric vehicles leading stocks and see what conclusions we can draw.
We can see NIO ripping up the chart with 600+% and showing that government funding backed with actual product delivery increase is a winning combination.
Workhorse which signed a EV delivery truck deal of 8.1 billion with USPS has been delayed last week due to elections, took a big slump after a major peak last month and now at 470%.
The beloved Tesla with only 186% after reports of china competition in the EV market will not be in favor of the American company and the earning which Elon called "best ever" didn’t help - Tesla is losing momentum every day from its peaks since the EV competition is getting tighter and more crowded.
NKLA EV trucks are holding by a thread with the GM Motors deal that may not come through after all and in that case they are expected to crash and burn below the 18 line of support (see full cover in my previous idea on NKLA).
last we have the somewhat unknown XPEV (Xmotors) also Chinese EV stock that is starting to get some market buzz lately and may seem to fight back real soon after the Aug IPO and traded at 20$.
THE BOTTOM LINE is that all eyes are on elections and if Biden may win then EV stocks are expected to jump much higher as Biden represents green energy endorsement -the hottest stocks at the moment in the market are EV, solar and green energy in general and that’s where we the traders should be focusing on.
sorry about the lack of technical but in our eyes, you must first cover the fundamental in order to time perfectly your entry with technical.
Trade safe!
Nikola ("Of all things, I liked books best.")View On Nikola (21 Sept 2020)
Nikola is in the strong downtrend and it is about the touch some serious trend line.
So, I expect it can fall further but please be cautious too. Why? It is near "normal" up trend line.
A very good support level for this counter is $15-$20 region.
Let's see..
DYODD, all the best and read the disclaimer too.
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Nikola - Down Over 80% - $NKLANot a good look for the Nikola Company and its shareholders (if there are any left) after they just received their first Sell rating from wallstreet by Barrons with a price target of $15.00. $NKLA is down over 80% from it's June ATH less than just 100 days ago.
The sell off began just after Nikola's deal with GM, when it was pointed out that Nikola's founder Trevor Milton wasn't telling the truth at a 2016 event when he said that the Nikola One truck on the stage "fully functions." Nikola now says the truck never worked. It was just a promotional video of the truck. In the video the truck looks like it was functioning but was in reality rolling down a hill. You can see why shareholders aren't pleased with this. Now Nikola argues that this was old news and irrelevant because Nikola is no longer marketing the Nikola One and is now marketing a working prototype of the Nikola Two. So we never even got to see a real fully functioning Nikola 1, but don't worry, that's not important because we're now focusing on the Nikola 2. While I am rooting for them (always for technological advancement), this wasn't the founders brightest moment, and he has now stepped down.
Along with the working on the Nikola 2, the company is now struggling to find partners to build a planned network of hydrogen fueling stations across the country. They were previously in talks with BP for these and with help on logistics but these are now rumored to be on hold. We're waiting to see if these deals are made and for the stock sell off to finish before buying in on this one.
TA:
Target $15.00-16.00 area if can find support is the area we're looking at but don't try to catch a falling knife just yet. Wait for support.
Feel free to give us a follow and shoot us a like for more analysis updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
NKLA a buy for nowIt is time to swing trade NKLA on the trending side and it looks like now it is trending up.
Down trend ended by ADX fell below 40 line. Chop index showing it is in trend now.
Beta now above 1 so risk reward higher.
watch the 30 min chop index for indication of trend ending for stopping swing trading.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.