elroicapital

elroicapital

What will happen next?

elroicapital Updated 

Either two things are going to happen - NKLA is going to have an extraordinary leader come and forge the company through the fire and we see the ULTIMATE "rags to riches" market story. Or....the company will fail miserably. Either way, I'm shorting the oxygen out of this company until they legitimize themselves.

elroicapital Updated 

Really crazy run up on this. At the top of weekly bollinger, totally oversold on the RSI. Not enough data to make sound decision. I'm going to remain bearish on the short term, but bullish on long term. Waiting for better entry point.

elroicapital

Zoom out and look at greater price channel for the past decade. We could be in for wild drop - not as steep as Corona, but down to 29xx range.

elroicapital Updated 

Zoom out to the monthly timeframe to really see whats going down. Thougths welcome. I'm waiting for green buy back

elroicapital Updated 

Bitcoin is bitcoin. No surety ever - only ideas- here's my take and reversal points to watch for.

elroicapital Updated 

Have fun.

elroicapital

Get ready for a long.

elroicapital Updated 

I'm looking to buy in the green box range. As always, share your thoughts with me.

elroicapital Updated 

If you paid attention to the first chart, you should be in profit.

elroicapital Updated 

This company made a really bold move and added $3 million dollars worth of shares to the supply AND selling them at 15% of what the closing price was at the time. Obviously, this resulted in a very big drop. However,vif their investment pays off, overtime, there is no reason this stock shouldn't steadily rise back to it's common price. Unless we get a REALLY bad...

elroicapital Updated 

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