Is this a real bounce on NKLANKLA has now sold off into it's premerger SPAC levels, the $10 level held this last week during earnings on the heels of good news. If NKLA can hold the $10 level this could be a potential bottom for a stock that has been getting beat up for a better part of a year. Is this finally the time for NKLA or is this just another opportunity to sell calls against my shares?
NKLAQ trade ideas
NKLA Back to SPAC Pricing.. Ring the Register on Our Short CallNKLA was recommended as a short opportunity here in early September in the $35 area. We suggested banking a piece later that month in the $25 area, but staying involved as a long-term short. As the stock gets back to the SPAC b/e price around $10. It could go lower. But it may find some upside volatility here, so we would ring it.
NKLA - ELLIPSIS analysis, TP 200 EMA close, 15 SMA crossHi shorties, and longs.
In my opinion, NKLA entered short term uptrend today. For the first time since January, NKLA crossed 15 SMA while being in the downtrend.
The relative volume shows buyers. Sorry shorties - I think you had your time and your time will come again :(
The last time NKLA crossed 15 SMA move lasted till 200 EMA cross. It happened two times already, and you know what. History likes to repeat itself.
Today candle retested 15 SMA and nicely rebound confirming uptrend move at least for the next swing. (15?)
Take a look at key elipsis point for better understanding. Ugly but shows basically my speculation thesis.
The stock had also MACD bullish crossover today.
Good luck to longs this time.
NKLA LongThere has been a lot of talk about NKLA recently so I decided to take a look at it.
1. Broke out of a downtrend.
2. MACD bullish crossover.
3. Volume has started to surge in.
4. Golden cross at the 30 minute chart.
The 14-15usd level seems to be a level of support/resistance for NKLA. It acted as resistance in March 2020 and in April 2020. But later on, became support in December 2021 and March 2021. Therefore, I believe this level is crucial.
P.S. I've heard rumours about NKLA being a fraudulent company, so be careful with this security.
I try to keep this as simple as possible as I, myself, am pretty new to market trading. If there is anything you'd like to criticize or if you just want me to simplify something, just comment.
This is not financial advice! Do your own DD!
NKLA Buy Signal! Sell $17, Sell $25, Sell $30, Stop $10.50Since November 2020, there have been 4 indicator generated buy signals for NKLA.
A buy signal is generated when Orange turns into Yellow. or Orange turns into Red
The 1st buy signal on Nov 11th, 2020 had max profit of 100%
The 2nd buy signal on Jan 6th, 2021 had max profit of 100%
The 3rd buy signal on Mar 11th, 2021 had 0% profit (stop triggered)
This 4th buy signal on April 21st, 2021 has stop trigger BELOW $10.50
Sell 1 of 3 positions at $17
Sell 2 of 3 positions at $25
Sell 3 of 3 position at $30
Good luck.
NKLA BounceNKLA has tumbled all the way down to all time lows. The stock price began at the $10 range. Price has now hit that all time low, and has recently seen a surge of volume come in. This is 5 times relative volume. This indicates to me the stock has reached a capitalization point, which will create a significant bounce in price. This can be considered a longer hold if price stays above the 10.20 support level. Profits can be taken around the 14-15 range. Earnings are coming up on May 6, which i believe a run up in price will occur up to that point.
NKLA cup and handlethe RSI says that the market is oversold NKLA ipo launch was at $9.50 they haven't done anything as a company to lose value. NKLA is currently making and about to be distributing hydrogen powered cars and hydrogen power stations in Europe. Their stock fell in price from $90 mostly due to a failed partnership with GMC. The USA doesnt know yet how they can tax a hydrogen fuel station and they are too invested in oil to bring hydrogen powered cars to the us. However there are many hydrogen powered fuel stations in the uk and their company is still growing.
We are about to have a bullish cross on the stoch RSI this has been way oversold from all the price suppression after the failed GMC partnership. this stock is unaffected by Biden s new proposed 43% capitol gainz tax because its mostly overseas at the current moment so its unaffected by all the FUD thats being spread within the USA by the mainstream media
Cup and Handle / inverted head and sholders
Buy $NKLA - NRPicks 21 MarNikola Corporation designs and manufactures battery electric and hydrogen-electric vehicless. It operates in two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles, hydrogen fuel cell electric vehicles, vehicle components, and class 8 trucks that provide solutions to the short-haul, medium-haul, and long-haul trucking sector.
The Energy business unit is focuses on developing and constructing a network of hydrogen fueling stations for its fuel-cell electric and other customers. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.
Nikola corporation files for common stock offering of up to $100 million - sec filing
Nikola corporation says intends to invest net proceeds from offering in interest-bearing, investment-grade instruments
- Market Cap 6.04B
Technical:
- Low levels of RSI – break of downtrend
- Price below MA50, and MA100
- Support at $14.80
NKLA - is the bottom in?Been watching this one recently.. and it appears we may have formed a bottom. A bearish crab (micropattern) just completed at the bottom of what appears to be a bearish shark (macro pattern). There also seem to be overlay shark patterns.. so the price pump potential could be very nice here. This is a very early call- but lets see if NKLA can rebirth itself. If the patterns hold true there will be fireworks. The only thing I could say is get in early and hold on. These patterns tend to be very subtle and then skyrocket with very little warning.If price continues downward- well.. there is always tomm. I entered in around 11.74. The target shown here is a very low intermediate level. The ultimate target is well above into the 30 dollar range.
ADDED $NKLA Target 20.93 for 32.72% $NKLA Target 20.93 for 32.72%
Or next add level is at 10.61
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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.
$NKLA after something retraces 88%, it goes up or to 0. Lets see$NKLA is now down 88.6% off it's highs and it just retested the level it broke out from back in early 2020.
After something retraces 80-90% off it's highs, it usually has one of two outcomes - it goes to 0 or it goes up from here.
Taking a bet on the latter. Will take a small long on a retest of $10.50 area.
Bought 200 @ $10.50 Target @$100 Date Jan 3, 2023 UpdateNikola Motor Inc. ..
Bought 200 @ $10.50 Target @$100 Date Jan 3, 2023
Bought 50 @$13 Target @$100 Jan 3, 2023 short term
Bough 50 @$12 Target @$100 Jan 3, 2023 Short term
Bought 50 @$11 Target @$250 Jan 5, 2024 long term
Nikola Motor Company designs and manufactures electric components, drivetrains and vehicles including the Nikola One and Nikola Two electric semi- trucks.
Website: nikolamotor.com
Factory update: youtu.be
TRE 3 Prototype Update: youtu.be
Factory Construction Site February 25th, 2021: youtu.be
Nikola Motor Stock Review: www.youtube.com
Nikola Semi Pilot Factory Construction Site April 13th, 2021 youtu.be