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 $
If you don't own any NKLA look at this. NKLA broke out from a 6+ month falling wedge. In my opinion NKLA is starting its sub wave 3 of grand wave 3 in Elliot's wave
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...
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...
