NKLA reversal incoming NKLA is forming a falling wedge pattern indicating a trend reversal. The price could fall more before reversing. I do not hold a NKLA position.
NKLAQ trade ideas
Falling Wedge NKLAWatching for break out of the wedge on 4hr Timeframe. we might see a nice move up from there to 15-17 zone
NKLA 2021 - 2025 and beyond (projection)No investment advice. This is an Elliot Wave analysis, let's see how it turns out.
there are a lot of haters now, we'll see who laughs last ..
ADDED $NKLA Target 22.32 for 30.07% $NKLA Target 22.32 for 30.07%
Or next add level is at 12.00
I know that I just added yesterday, but I added again today.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Be patient This have to reach undervalue territory first before it rises. From mid 2022 to early 2023 will present great opportunity.
ADDED to $NKLA Target 23.05 for 28.84% $NKLA Target 23.05 for 28.84%
Or next add level is at 12.73
I Added here today which brought my target down and my % up... I love averaging down just as much as I love hitting my target...
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
NKLA Swing Trade (Long)Noticing both a falling wedge and positive divergence (falling price action / rising MACD lows) on the NKLA 4HR Chart, a potential sign of downward momentum slowing.
Support level at 12.70 just got tested.
Could see NKLA price rise up to 26.90.
Green levels are untested levels to take profit.
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NKLA Recalibrate: Buy limit @$13 @$100 Jan 3, 2023 Nikola Motor Inc . .. Recalibrate
Buy limit @$13 Target @$100 Jan 3, 2023 short term
Buy limit @$12 Target @$100 Jan 3, 2023 Short term
Buy limit @$11 Target @$250 Jan 5, 2024 long term
Nikola Motor Company designs and manufactures electric components, drivetrains and vehicles including the Nikola One and Nikola Two electric semi- trucks.
Website: nikolamotor.com
Factory update: youtu.be
TRE 3 Prototype Update: youtu.be
Factory Construction Site February 25th, 2021: youtu.be
Nikola Motor Stock Review: www.youtube.com
One last short squeeze before capitulationClearly a cyclical structure to the squeezes on NKLA.
Short interest is mid-high @ about 25% right now but the structure of this trade is so strong I think it will force the last of those shorts out and NKLA can finally capitulate under 12$
NKLA long term playCalculated a price target based on balance sheet calculations and good potential on EV manufacturing. Price will have a hard time crossing below $10, especially a price at $5. At $14, This gives us great target (2-3 years) of $40-50 without taking very much risk.
Must break above $17...Watching the price movement since Dec last year to get a buy signal. This stock has wrecked a lot of long traders so far and to avoid the carnage wait till the price reverses and pull up above $17 peak. Can be extremely profitable if planning to hold over 1 year.
BUY $NKLANKLA correction is going to end.
Based on the chart lowest point is at 13.56$. Good stock to buy
$NKLA Target 23.93 for 27.49% Or next add level is at 13.61$NKLA Target 23.93 for 27.49%
Or next add level is at 13.61
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Buy $NKLA - NRPicks Feb 14Nikola Corporation operates as an integrated supplier of zero-emissions transport systems. Designs and manufactures electric and hydrogen electric vehicles, electric vehicle transmissions, vehicle components, energy storage systems and hydrogen fuel station infrastructure.
Technical:
MACD Level (12, 26) - 4.87
Target in 3rd Fibonacci recoil
Average RSI levels
MA50 below MA200
EPIC buy; stock of the decadeTM gave it a bad reputation but if you look at their progress in establishing the hydrogen fueling infrastructure and the benefit that commercial trucking will reap from this technology, this is a steal at the current stock price.
How many times do I have to post about this.NKLA Motors is quite possibly going back to IPO levels. 10$ is the first target.
Play with the trend. We are bearish and a reversal from bulls is unlikely unless they start announcing major product development. Entered at 19$ but there is still room to drop that dump and forest Gump.
Extreme valuations and fairy tales are what drove this stock up.
Yes, I am taking the contrarian option but people will always short this stock so why not join the wave.
900M in cash, spent 1/3 of that in a year. Trying to raise 100M by selling the stock at its lowest and the lockup period expires next month.
Something seems off.
Of course, this could all be wrong but know anything can happen in this bloodbath. If you are holding those bags of NKLA and it doesn't feel right, cut it loose. Move on, and stop allowing money to emotionally control you.
As Bobby Axelrod states, "I don't lie to myself, and I don't hold on to a loser."
And from what I hear in R/NikolaCorporation there are a lot of mixed emotions.
NASDAQ:NKLA
(Disclaimer not financial advice just opinions)
