DOWNWARD TRENDDescending trend line for "Tecnologia Financiera Trading Course"
Stock Market 1.1
Here we can clearly see that the trend line touches at least 3 times the top prices.
1NKLA trade ideas
NKLA STOCK AnalysisBearish Market since 2020.
In the next months it might go up again
Starting a new Bullish Major Trend
Nikola-NKLA-RSI and EMA IdeaFirst of all, please invest what you can afford to lose.
From my point of view NKLA is a perfect example of why it is a good thing to not falling in love with stock/company.
Since December 20th, 2020,
Buying when RSI is at the bottom of RSI bollinger(lime vertical color) and selling when things are opposite (red vertical color) works well.
I completed 2 trades already and last buy is underwater for now.
January 2022 - Buy
March 2022 - Sell
July 2022 - Buy
August 2022 - Sell (this one was great)
January 2023 - Buy (but I f...d up on this. Bought at 4 and DCA'd. My average is 3,23 now.)
Still holding. I would not care even if the company is over because i invested what I can afford to lose.
Hope It helps.
P.S: Weekly EMA 50 is also a good point to sell this stock and stay away.
NKLA on D-Chart looks Long- Making higher highs and higher lows.
- Price is moving in a range, getting closer to the top trendline, and trying to poke the resistance zone.
NKLA - D ChartBullish Indicator:
1- Made Higher Low
2- Bullish Inside Bar
3- Support found @ 2.10
4- Trendline broken
5- Harmonic Bullish Three Drives formed
NKLA is now a BUY on its way to $11The moment to buy has finally arrived. Chart has been drawn for months. Publishing
NIKOLA CORPORATIONThursday, 10 November 2022
16:09 PM (WIB)
Nikola Corporation, a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel cell electric vehicles (FCEV), and energy infrastructure solutions, is paving the way as a global leader in zero-emissions transportation. Through a business model that will enable corporate customers to integrate next-generation truck technology and hydrogen fueling infrastructure and maintenance, Nikola and its strategic business partners and suppliers are on a mission to leave the world a better place.
For more details visit the website.
NKLA LONG HOLD IDEALARGE MARKET CAP (Over 1B)
NKLA Discount 95% From Top
USD Extreme Bear Levels
Stock Recovery Imminent!
Entry Levels:
3 All Time Low
5 Deep Value
TARGETS:
7 EARLY PROFIT
14 RALLY TOP
20 MAJOR RESISTANCE
50 FULL RECOVERY
Happy Trading!
NKLA | Time to Load | OversoldNikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.
NKLA - WIll See $2 🔨NKLA has been a tricky chart to fathom and why I havent covered it much but since the recent collapse it has revealed its hand I think.
The last 9 months highlighted have all been forming a breakdown pattern with lowering upthrust failures. And it is a pattern that so many confuse with accumulation, butit is a continuation pattern and after holding this $9.37 support area for so long the downside collapse can be quite deep and violent.
Last weeks price wicked through long range 1.618 fibonacci projection and that can potentially be a re-test before a significant impulsive leg down, or it may collapse in steps, but there will probably be a big selling climax at the end i think and perhaps that will be in tandem with a stock market collapse - we'll see.
Target is $2 and I will amend this with short range fibs down the road.
Weekly RSI will go oversold.
Remember all those chart pointing moonships from $14 - oh dear 😱
See you at $2!
Not advice.
NKLA - like the mythological bird from which the city it is headquartered is named- CAN IT RISE AGAIN ?
The 4H Chart shows NKLA sitting on a support zone with the resistance
zone 35% to the upside. The RSI indicator shows bullish divergence
on the downtrend which has now reversed.
I see this as a low-risk long trade setup.
NKLA - Short Sellers MarketAfter an enormous pump the herd are always looking to catch the gravy train for one more pump when the party is over and thats how this game works.
Then they get very trapped but ease their conscience by buying more "knowing" the floor can't be too far away until properly rinsed, freak out and leave the market.
But imagine if rather than chasing free lunch dreams a trader went short every time NKLA hit the 200MA and then sold after 30% gain how well that trader would be doing about now.
Huh... 🤔
Easy in hindsight of course, but someone's doing it.
Not buying.
Not shorting.
Not advice.
NKLA - Watch if it can hold 6.5.5
Tested and rejected VMA again, but recent volume looks constructive for follow through. high short interest could lift this off if the range tightens above 6.5
will look for reversal candle that closed above 7.5 to start a position. I have found this to be very slippery name. Not much success in the past, so will be more cautious not to jump early.
COMPOSITE INDEX Electric Vehicle Stocks TRENDING BEARISH In this daily chart, I made a composite index of electric vehicle stocks using
an approximate formula weighed by stock prices but not market cap.
( ( $NIO + $LCID + $RIDE + $NKLA +$WKHS) x 50 ) + $TSLA
This serves as an approximate normalization adjustment of the varying
stock prices in the collection of stocks.
I did this to later check to see if there is any effect of new legislation
impacting federal tax credits for electric vehicle adoption as a catalyst
for price action.
So far YTD, the composite at large has fallen 18.5% varying from
TSLA is down 6% and LCID as an example of others is down 36%
The composite will be a quick and easy way to see if the composite
and so the market cap of the underlying stocks inflects its downtrend
responsive to the federal legislation catalyst.
NKLA finally maybeNKLA stock has been in a perpetual downtrend pretty much since it's existence, and every time the stock has tried to hold a meaningful rally it's been rejected by the 200 day MA. Once again NKLA finds itself rallying up to the 200 day MA, the bears have stepped in every time before at this spot, it would seem like they would step in again for one final push back down to the 4s or 5s region.
$NKLA ChartJust a chart on $NKLA, as you see the bear rallies grew by 10% in the past 3 events (one of which we are in the midst of). IV is relatively low, going short Monday.
Potential uptrend for Potential uptrend for coming days.
Rai is going opposite way potential reversal
Nikola 7.13.22Trying to bottom out and break out in this shorter term structure. Overall , for me when i get extra cash and if NKLA and AG are still at these dirt cheap levels i will be loading up more. I would love to buy physical silver but sadly the prices are the same basically as premiums continue to rise. try to buy 18 dollar silver it aint gonna happen chief its 25 dollars. So for now i'm scooping up other dirt cheap plays like AG AND NIKOLA.
Nikola 7.8.22This has popped up on my radar and i'm not quite sure why. I dont particularly ever play stonks. But i have begun to take a position . Can it go down further? maybe. the issue i have is its already been curb stomped 95 percent. It is a functional company that does produce a functional product and family of electric and hydrogen vehicles. At current marketcap it seems stupidly underpriced. I still need to learn more about it but for now i do like what i see and the partnerships it is creating
NKLA BullishHigh bullish call and share volume. Also a breakout earlier in the day. Could come back down and test previous resistance but I will have gotten stopped out by then
