It pains me as an early VTIQ investor to say this, but the chart isn't lying. The TA shows an extremely bearish set up, with support around $33. Decision time for me on whether to sell warrants or not.
No discounting the fact that early buyers SHOULD BE doing the Scrooge McDuck dive in their gold coin swimming pools right now. But after looking through the hype, is there a true, near-term catalyst here? Is this a moon launch or just the top end of a bungee jump? Just a look at the filings raises some really good questions. “Even if we are able to...
Hi traders, On Monday I had only one trade and a rather risky one, that's why I preferred to take some profits early. How did you do? Trades: 1) VTIQ - LONG @31.10, +1.37% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: +1.37% Total...
VTIQ is a stock we profiled a couple weeks ago as a bounce play around $22. This is the prospective competition answer to Tesla (TSLA), and the stock shows that character. That said, we have closed the "evening star" candle gap and it's time to exit stage right with the 20-30% gain.
www.tradingview.com VectoIQ Acquisition Corp. Common Stock, also called VectoIQ, is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on searching for prospective target...
VTIQ is the public-market vehicle for the introduction (through M&A) of "Nikola Motors" onto the major public exchanges. Nikola is considered to be a potential TSLA rival. Shares blew up in early May, and have retraced back to the Fib support zone, with some bounce potential for a $27.50-30 retest trade.
Private VC money valuation for Nikola Motors at $3.3 Billion should result in a price per share of $100 after the merger. (With 29.64M shares outstanding, at a $3.3B valuation given by ValueAct Capital and Fidelity, this comes out to $110 per share)