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Nklamotors

NKLA likely to move up towards 1.47 and beyondHere is a bullish chart of Nikola Corporation. This looks good for going upward in the coming months. The chart outlines various resistances it has on its way. The first one is a 3M resistance 3MR1 where the price is headed currently. I think the probability is very high that the price on this current move pushes upto 3MR1 after having some resistance and pullback at weekly resistance WR1 level. I will keep watching this one very closely. Current P/B ratio for this stock is also very favorable as it is just above 1 (1.38). This signifies the stock has come into undervalued zone. Let me know what you think.
NASDAQ:NKLALong
by angela_altair
$NKLA has earnings monday. What to expect!Asking ourselves "what value could NKLA bring to the ER" the answer is probably nothing substantial. The expextaions are low, so if they have made any improvements over the last few months perhaps we could see a break past resistance, BUT i doubt that. We are up against a major resistance and the only thing I believe that could save it is a the announcement of the GM deal. The chart is set up for some serious downside and ill be signaling in my chatroom. This could present the perfect straddle opportunity.
NASDAQ:NKLAShort
by SimpleStacks