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NKLAQ trade ideas

Go go go --> $NKLA Target 20.93 for 32.72% $NKLA Target 20.93 for 32.72% Or next add level is at 10.61 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:NKLALong
by SPYder_QQQueen_Trading
Nikola "NKLA" The EV rally? Where has EV recently gone, seems like everyone thought that EV stocks would go to the moon after governor Newsom announced that he will aggressively move the state further away from its reliance on climate change by issuing an executive order requiring sales of all new passenger vehicles to be zero-emission by 2035 and additional measures to eliminate harmful emissions from the transportation sector. That gave NKLA a 134% boost within a month and shortly after it has been in a spiral downtrend. Very interesting all that time all price did was go from levels of Market Profile Demand and Supply to bearish continuation patterns. After 5 months of price continuing downward a very well known pattern has finally shown up, an oldie but goodie "W formation, BULLISH REVERSAL PATTERN or Double Bottom". For those who have never heard of it, it is one of the most known patterns and I have displayed a picture on the ellipse that illustrates how it looks. This pattern consists of a price entry from above with support at the bottom, followed by price hitting its head on resistance just to come back towards the level of support (creating a double bottom), where price finally rallies and breaks out, followed by a throwback WHICH IS WHERE PRICE IS CURRENTLY AT IN NIKOLA, and finally the continuation phase to the upside. The more candlestick or western indicators that merge together at the same support the more likely a reversal. That is what is currently occurring with Nikola. So many indicators have merge together giving MAJOR CONFLUENCES. Indicating to me that I must be BULLISH. Bought $30 LEAPS for 2$ bucks, this is a major LOTTO play. Manage your own risk and do not risk more than you can afford.
NASDAQ:NKLALong
by aramBull_Bearnando
2
$NKLA Target 20.93 for 32.72% $NKLA Target 20.93 for 32.72% Or next add level is at 10.61 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:NKLALong
by SPYder_QQQueen_Trading
7
NKLA: Is the Bloodbath Over?From its height of $94 in June of 2020, NKLA has certainly seen a beatdown since then. We've reached NKLA's original levels before the bull run. For NKLA today, $13 is a critical level of resistance. Let's rewind the clock again: we broke through $13 in April of 2020 and bounced off of the same level, which was when our NKLA rocket took off. The same level was tested successfully in December, broke through in April of this year, had a failed retest in the same month, and now we are approaching this level yet again. With an ascending triangle forming (yes, this is my favorite pattern to trade for breakouts), this can see another quick surge to the upside. We have a little room to fill until then, but keep an eye out for one number: $13. Set an alert! It's also worthy to note that on April 22nd, NKLA had a daily volume of 82 million near the $10 mark. NKLA also busted through the 20/50 MA on the 4-hour timeframe and is now hovering above these MA's. Does this mark the end of NKLA's bloodbath?
NASDAQ:NKLALong
by ZaviStocks
1
Still not out of the clear* Warning While retail bagholders had a breather, Nikola managed to jump nicely in the few days. However, with rising inflation amid tech stock sell-offs NKLA may drop to 11$, before it resumes an uptrend. Anything is possible. Also lots of Articles out lately warning of NKLA's SEC and DOJ investigations. Analysts have also slashed the forecast while no hedge funds are in. The stock is 25% retail owned. Play with the trend. Overall long term trend : Bearish Short term trend : Bullish Use a tight SL and safe trading! NASDAQ:NKLA
NASDAQ:NKLAShort
by jackohgorman
1