Nikola Corporation
Long
Updated

Buy $NKLA - NRPicks Ene 24

195
Nikola Corporation operates as an integrated zero emissions transportation systems provider. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure. The company also develops electric vehicle solutions for military and outdoor recreational applications. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.

Technicals:
- Price level SMA 50d
- Vol pattern (Dec 28 - Jan 13)
- Psychological price level to $20
- Potential cross 20MA - 50MA
- Potential upside to $25 - $30
Trade closed: target reached
First Target reached to $25 (Jan 26'21)

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