The bubble has burst in NIKOLA. The company is in a clear down trend and have a high change of bankruptcy by the year end. I will short this stock and target initial 0.618 fib.
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be providing an in-depth analysis on Nikola Corporation (NKLA), also recently known as the Tesla (TSLA) killer. I'll provide an overall understanding of what Hydrogen vehicles are, what...
On the 15 minute chart, the BB are indicative of a nice squeeze between support at 30.64 and resistance at 32.78 (which was Sept. 4 previous support and is now current resistance). On Sept 8 with the news of a partnership with GM, the stock surged from 35.63 to breaking through previous resistance of 37.32 to 54.50 in a day! I always say "what goes up must come...
Hello Traders, NKLA has been pinned down lately on the assumption that this company is not real, they don't have a single product, and that they are a total scam. Well...there's a lot of those in the stock market. We are NOT another NKLA shill...we simply trade the charts. Let's take you guys back to early August when we entered our trade (3-6month swing...
Nikola Stock Analysis - Nikola Corporation stock forecast today (week 07/09/20) - NKLA Stock Analysis - NASDAQ:NKLA Electric cars Market seems to be in retracement stage, hence the best option is to hold and wait the end of the price set back before buying. Technical analysis: Based on technical analysis, the idea is to hold the end of the price retracement...
Based on technical Analysis, there might an opportunity to go long - prices moving inside a channel
The last analysis I did for Nikola was 2 weeks ago and I told you guys, if you want 20% profit buy Nikola and we saw it went up from 30 to $38. Now I think this is the moment to short because the next stop is 200D moving average (23) if the support level at 30 doesn't hold. GOOD LUCK
Noticing some bullish divergence on NKLA (MACD). Specifically the 1 hour chart showing signs of a possible reversal. If NKLA can get above 37.50, it should precipitate an upward move.
Hi MoneyTraders, the fundamential situation wasnt the best but the future looks very promising. A previous purchae of a 1 Million square meters for a factory show a strong liquidity of NIKOLA as investors seem to believe into the company. Besides that we see a technical level which is a demand zone right at the peek of the first wave ofe the entire impuls and...
With 100D moving average (30.70), RSI at (30) (oversold) and the support level at 30$ it is good opportunity to buy. I think the short must covering as soon as possible and from my analysis I can see the next stop is between 37.50-40.0$
If the fuel of future cars will be hydrogen, then Nikola is already there, offering long miles hydrogen electric powertrains. Nikola Motor Company is a pioneer in electric heavy duty applications. Nikola offers both pure electric and also hydrogen electric powertrains. Nikola Badger EV pickup will debut at Nikola World 2020 in December offering 0-60 MPH in 2.9...
Nikola is looking to retest it's IPO 4H previous support line (Dating back to 20 May, 2020) On successful support (upward bounce from about 50.30), a bullish outlook is expected for Nikola's future.
This is a follow-up to my previous posts. Today, Nikola announced the joint venture with CNH Industrial that I have been talking about for several weeks. Why this stock is not moving way up on all the great news is beyond my understanding. The IVECO unit of CNH Industrial has been building big rigs for decades, and will jointly start building the Tre in...
Folks, this news is listed under Worthington Industries (WOR) trading at $35.24 with a small market cap of only $1.96 Billion "KeyBanc Believes Recent Nikola Motors IPO Creates Added Source Of Potential Liquidity Value For Worthington Industries, Says 'While WOR has limited materials content/ties to Nikola itself, the Company owns 19M shares of the...
There seems to be a disconnect between Nikola, Its Strategic Partners & It's Investors CNHI owns over 25 million shares of Nikola, more than Worthington Industries. (WOR) CNHI has over $4 Billion in cash on hand, more than Worthington Industries. (WOR) CNHI's stake in Nikola is worth over $1.5 Billion dollars or 7.11%, more than Worthington Industries has....