We might have seen the worst of the bear market for NKLA. The strong downside movement is part of a long term correction wich in the Elliott Waves Theory coincides with the ABC pattern. Wave C is almost complete and is forming a wedge pattern with its wave 5 < wave C. That means that the following movement should be a new impulse which could start with the...
This Week FORECAST Opportunity for NKLA. This setup trading idea is for intraday. >> TAYOR *If you want make long term investment, this counter very good to invest. Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
NKLA had a nice long test run of one of its trucks in California this month. It signed a deal for a 10-year hydrogen refueling. Not a big deal, but may be the first company to sell fuel along with its vehicles and get government subsidies along the way. The days of doing photo shoots of a prototype truck rolling downhill are clearly in the past. While...
#short term -it is making down widge entry point 0.75$ target target 1.60 $ to 1.70 $ stop loss 0.55 $ #long term Entry point 0.75 target 9 $ stop loss 0.48 $
Weekly analysis stock pic found some intresting, Stock to buy now thanks me later after 6 months next you see 1 . Voucher incentive program from government and many reason for clamate change
Random stock pick my follower load some nikola bag because you need somthing to in portfolio to … strong buy candidte so also do your reasearch . Question for big bank account holders or Crpto aeunthestic does your account balance is in safe hand?. Do you own reasearch
Investors are punishing Nikola (NASDAQ:NKLA) today, plunging the stock below $1 per share. A company announcement has investors losing confidence in the electric heavy-truck maker's chances for survival. The stock plummeted 23.5% in early trading before settling in with a decline of 17.6% as of 10:40 a.m. ET. The drop is due to Nikola's latest announcement that...
just found intressanting stock for my followers we are near to end of bear cycle 1st target is 1,5 tp2, 2.4
Price action is showing signs of consolidation, but still bullish. Price is expected to rush to 2.24, but I think it is going to trade sideways for a period of time. In the event of bad news there is the chance price goes to 76-78 cents as an extreme bottom. Until then I think price has shown support at 1.34 mark and trades sideways before rushing upwards to the...
We have 2 different primary counts on NKLA. The first would have us assume that the recent downturn from $3.71 to $0.81 was all the downside we'll see. However, the structure for this move leaves no obvious evidence that it was the complete correction. Hence why I left a (2)? at the base of that move. If this is a full complete correction, 0.81 cents was the...
Price is currently held on a support which is crossed by a trendline and 2 days ago we had failed breakdown of the trendline by the bears price needs to close above 1$-1.04 zone to be strongly bullish as for targets i have the previous highs after the price broke that level of resistance and as Stop loss recent swing low just below the support meanwhile weekly is...
My reading is: 1- Primary: it could be started the 3rd/ or C of Elliott wave 2- Seems it finished the wave 2 (correction) Forecasting : Conservatively: it may go to the upper bound of the channel $4.3(390%) Unconservative: I will update when it break the upper channel Confirmation of upward is breaking $1.43 The information is not meant to be, and do...
Well this is the updated chart. A few changes. The previous patterns played out and were removed, this is the new one. This is a minor crab pattern and per the previous chart the price points matched up perfectly (see notes). These patterns are notorious for the false breakdowns and long dips at the C wave (as seen here). The previous target is blue arrow, the...
I'm making this post in retrospect, I'm shorting NKLA from 7.2. As a chemist, I can guarantee you that they will fail in their intent, and cannot deliver things that are impossible. Even if they stretch themselves to deliver, the product will be a worthless piece of sh1t. This could still drive the stock up, because degenerate "investors" could pump it up...
I'm holding a bullish position on NKLA and had what looked to be the perfect price when I sold a few $3 CALL contracts a few weeks ago. After the news of the fire, of course, NKLA price has taken a 68% haircut, and I'm pondering the wisdom of building a position at these prices. As always, comments are welcome, and feedback is encouraged. Thank you for your time.