Nkla
NIKOLA - Don't get fooledNikola is falling true it's support like a beer down my throat. I don't see why it should stop falling here. It might have a little bounce towards the blue MA, but after that I believe it will go down further, testing the pink and maybe the yellow MA. That would be around it's previous high.
After that I believe it will put on it's rock climbing shoes, because Nikola is here to stay, and might use the climbing ropes that Tesla left hanging on the walls.
NIO BACKED BY THE PRC WONT LOSE TO USA NYSE:NIO
NIO BACK BY CHINA GOV
AS we can see nio LOOKS LIKE A BUBBLE...but it isn't WHY?
lets break it down the my chart is basically saying there will be a SELL OFF but it will go right back up and even higher
people are going to either sell half or less maybe 20-30% of there positions to lock in there investment and let the other half that they made run...
ALSO
NIO its now back by the PRC and if you guys or girls don't know what's going on in china well here the basic
CHINA IS NOW NUMBER 2 IN THE WORLD... and it wants to be NUMBER 1.. on ALLLLLLL FRONTS.
the Chinese government just wants to say hey world we got an electric car company BETTER then #TSLA
IN 2ND place and kinda 3RD too
IS POPULATION and well china has a lot...not only do they have a lot of people (potential buyers) the people in china are well RICH AF
Chinese new million air are so many in china its just crazy... AND YES THEY PROBABLY OWN A TESLA, AND THEY WILL PROBABLY OWN AN NIO CAR TOO
this stock going to the moon baby buy in either now or at dips when people feel like they have made enough and want to sell some of there positions
that when you will see some dips in the market in the next few weeks-month
options buy them out of the money calls baby for like 20+ LONG EXP OPTIONS
NKLA Nikola Corporation - the new Tesla? 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 Seconds and a Range of 600 Miles, 906 HP, 980 ft. lbs. of torque, 15 kilowatt power export with 220V and 110V.
Even though the Market Capitalization of 19.575B is high, investors continue to bet on the growth potential of electric transportation.
On 6/17/2020 Cowen brokerage Initiated Coverage to Outperform and put the target price at $79.00.
The indicators show a buy signal on most of the timeframes.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, like others, just leave me a P.M.
NIO LEVELS WEEKLYNIO NEEDS TO HOLD OVER 13.8 TO GO LONG. IF 13.8 BREAKS NIO CAN DROP BACK DOWN TO 10.63, 8.72
OPENING: NKLA AUGUST 21ST 15 SHORT PUT... for a .90 credit.
Metrics:
Max Profit: $90
Max Loss: $1410 (assuming stock goes to zero)
Break Even/Cost Basis in Shares: 14.10/share
ROC% at Max as a Function of Notional Risk: 6.4%
Notes: 30-day implied still high here, so doing something a little more risk adverse with a far out-of-the-money short put that still pays >5% ROC at max as a function of notional risk. Ridiculous that a 2.25 delta strike is paying that amount. The one minor downside: markets aren't the most liquid here; I got filled at .90 when markets were .10 wide. They've splayed out to .30 wide since ... .
Nikola (NKLA) Technical Analysis -The idea is to go long and take advantage of the good momentum of electric cars.
Nikola (NKLA) — An analyst at JPMorgan upgraded the electric truck maker to “overweight” from “neutral,” noting the stock is “starting to look attractive for long-term investors in view of a number of potential positive catalysts in coming weeks and months.” Nikola shares rose more than 7% in the premarket.
NKLA merger talks with NIO! Long the stock.NKLA is in talks with NIO in regards to a possible merger. The news is not fully validated but comes from a credible source. Long opportunity!!
WMT levels**Walmart reportedly launching Amazon Prime-like subscription service
WAIT FOR 128 TO BREAK FOR A MOVE UP TO 331,133.
NKLA Long Idea?NKLA off the 50sma? with TSLA, WKHS, NIO and other EV manufacturers blasting higher, can NKLA soon follow. Might be low risk here. What do you think? Up 9% pre market.
Further Exploration, Halting Impulsivity - Reveals $NKLA fraudWhile Nikola was all the rage following its 600%+ daily increase a bit ago, halting on pulling that buy trigger was prudent (Though I did not). The Nikola website is impressive in design: It even features the vehicles that are NOWHERE NEAR being produced. It looks "Sweet" really. Then: Take a look at the HIRING section. This company has existed since 2015, and so many key positions are utterly vacant. After five years, it went public in March, still nascent, still nowhere close to being a viable automobile manufacturer (OR, any threat at all! to $TSLA itself).
Many were quick to think "Next Tesla!" but a simple look at the fact this company is so incomplete, so fractured and forming (hopefully for those hanging onto it)...reveals that massive gain to be very, utterly and totally, FRAUDULENT.
This is a stock not only am I happy to have rid myself of, but also one that I will not re-enter, no matter how LOW it dips (I say this unequivocally even!)...
FOMO hit many of us, and many have bailed, taken that rather substantial loss, and moved forward. The excitement around electric vehicles and lithium-ion battery tech is enormous, but as some would simply say colloquially, "THIS AIN'T IT." Sell, dump, and run. This company is nothing close to the hype-monster it was generated to be, and Hype is funny: It builds, and builds, then explodes. The deeper look at this company's lack of development over five years is exactly why. But in the moment, many of us trusted the notion of the "NEXT TESLA."
Live & Learn, my friends!
-BDR
TSLATSLA HAD A VERY STRONG CLOSE. WATCH 1400. IF TSLA BREAKS AND HOLDS 1400 IT CAN MAKE A MOVER HIGHER. IF 1400 FAILS YOU CAN GO SHORT ON IT.
TSLA IS UP ALMOST 400 AFTER BREAKING THE 1000 LEVEL. ITS POSSIBLE TSLA CAN START TO PULL BACK HERE. THE 1250P IS ONLY $750. IF TSLA OPENS WHERE IT IS AH, IT'LL ONLY BE AROUND $500. THIS IS A PRETTY DECENT LOTTO. IF TSLA FAILS AT 1400 AND PULLS BACK TO 1229 BEFORE THE WEEK'S OVER THESE WILL BE WORTH OVER 600%
**always remember to manage risk.**
$NKLA Should Drop Down to at Least $32I was right to switch off from being bullish on Nikola to bearish right at the extremely profitable point. Now if you looked at some posts I made about Nikola on July 1st , you can see how I was very skeptical. I was already noticeably bearish prior, but after doubling down on my point, Nikola have immediately dropped down by -24.46% as of now. Many people were expecting it was on a route to positive retracement and some amateurish traders called me out for being very bearish. This serves as a lesson to not be overly speculative and value companies way more than they should be without brand equity. As always, this is on an opinion based basis, please don't take anything I say seriously or as financial advice. Pursue investments at your own risk.
When will $NKLA stop bleeding?This has been a tough freefall to plummet. Market high was over 80. Will it stop bleeding before the 1/2-point at 40? Or is this really going the whole hellaciously way down? It's tough to call. While $TSLA rallies absurd new highs, its progeny stock (if one can even call it that!) is struggling badly to stay above the water line. $NKLA is not $TSLA! Or close.
How low can Nikola go $NKLAmuh full fib retrace for $NKLA?
first bounced at 0.5 / $53
618 fibs for $43
Downward Slide Picking Up SteamRelative Strength, MACD and volume falling. Expect low 50s by end of next week.
NKLA53 IS A MUST HOLD LEVEL. IF 53 BREAKS NKLA CAN DROP BACK TO 39.
TRADE IDEA: UNDER 39
45P 7/11
**NKLA PREMIUMS ARE VERY HIGH. I WOULD RATHER JUST BUY/SHORT STOCK IN THIS.
NFLX LEVELSIF NFLX CAN HOLD OVER 474, IT CAN MAKE A MOVE HIGHER TOWARDS 500.
TRADE IDEA: 500C 7/10
IF NFLX BREAKS UNDER 474, IT CAN FALL IT 459, 453.
TRADE IDEA: 450P
SPOT BULL FLAG BREAKOUTSPOT HAD A STRONG CLOSE ON FRIDAY, CLOSED OVER 271 RESISTANCE. AS LONG AS SPOT HOLDS OVER 271 IT CAN MAKE A MOVE HIGHER TOWARDS 300 THIS WEEK.
TRADE IDEA: 282.5C 7/10, 290C 7/10
