NKLA 4 HOURAs long as this company can actually produce a vehicle sometime soon then this company should be able to turn its business plan into an actual business.
NKLA trade ideas
$NKLA Warrants are being redeemed, $27 warrant = $38 stock Like I was predicting earlier today, Nikola broke down from it's bearish consolidation period. Support is still at $33, but with warrants jumping in price to $27 this implies a $38 stock price for Nikola.
It's good to get this bearish consolidation out of the way, and good to get the warrants out from hanging over its head.
Now its time to build support.
$NKLA there is no denying it's bearish setupIt 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.
NKLA cruising down but could find support in $48-$56 range.Could find support in $48 to $56 range.
Two candles below $50 is probably a good short position
The more I heard Trevor Milton speak, the more desperate he seems
Think Cathie Wood agrees:
www.cnbc.com
Is there any news on the horizon?
Battery Cars Are Charged Up!Please check out my blog post for a full breakdown:
www.derzzycharts.com
Electric vehicles… the future right? Who cares?! We’re here to profitably trade stocks. Today we have TSLA, NKLA, and NIO compared with each other on the daily. The gains in these stocks have been massive. I would call these high beta, but I feel like they even exceed that definition. The other thing that blows me away is the correlation between them. We may have spotted a small lag that could be signalling a pullback in TSLA. Let’s check it out!
It’s like they take turns breaking out, then breaking down. First NKLA broke resistance and went ripping, then NIO, then TSLA. Then just like clock work, we see the breakdowns. First NKLA, then NIO, then… well actually TSLA has not experienced a pullback yet. Will it? Well that is the question.
Happy Trading!
Brandon Anderson
brandon@derzzycharts.com
@derzzycharts
www.derzzycharts.com
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.
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.
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.
PLUG & NKLA tradinng using speed linesSpeed lines are a great way to enter and exit stocks if you are a day or swing trader
some use 3,5 ema
or 5 ema and 8 sma
or 8 and 13 ema
you figure out what works best for you
I hope this video helps
Rick
NKLA 30 Min Chart IdeaHey thank you everybody for the support again.
NKLA is one of the newest IPO and Hot Stock right now in the stock market. It have a lot of bright ideas this company and a nice EV. I see potential in this company also but in a long term.
Here in the Chart analysis we can see the green uptrend line getting crossed by the candles (for me that means end of the uptrend for now). Now we see a red line (downtrend line) and the candles are following that line, but at the same time we can see also candles trading above SMA 50 and below SMA 200.
I think there is a range of sideways between 61.14 and 39.68, If the sideways break 61.14 the stock will keep pushin higher. If the stock break down 39.68 it can go lower. I don't have position here right now. I will try jump later if I have a chance and I will give a little bit more of time to the company to show their big potential.
With that said I'm neutral right now on NKLA.
***Remember***
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.
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!!
$NKLA Bulls Defended gap fill
Great reversal yesterday and looks set to continue today .
Possible upside run back to $70.00
Very volatile so care needed
Nikola: its technical charts suggest a lot of energy to keep onShow Me the Money! 9 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
Nikola Corporation (NKLA) rose over 30% to $52.50 as JP Morgan Chase upgraded this stock from Neutral to Overweight and announced a $45 price target. Nikola has been promoting itself as a rival to Tesla’s Cybertruck, with its newly introduced Badger pick-up truck designed to directly compete with the former.
After going public via the SPAC route earlier this year, Nikola shares rocketed to a $28 billion valuation, and its technical charts suggest a lot of energy to keep on; the only transitory risk here is a possible price hiccup when warrant holders will be allowed to exercise their warrants and more shares are put on the market.
$NKLA - Bottom or bull trap?$NKLA
Have to decide if its a dead cat bounce... or if something really changed in the time span of a day and a half.
Saw the video and saw the upgrade....
Guess that is what makes a market.
NKLABest R/R on a short its gonna give you right here. Break major support. Short the snap back retest. Easily defined risk. all that consolidated supply above helping you out.
