NKLA THE SEMI ELECTRIC TRUCK CO. AN IDEA NKLA is show casing its consumer truck, which is a mix of the F-150 and cybertruck, yet more modern and update looking compared to the cybertruck. NKLA in a modern feel to help get people that love trucks into electrical and clean energy vehicals. The Stock is currently trading at $63.10, to be transparent I did buy shares in this Company on Monday and I am at a break even point. One of two things could happen the company could start taking off as most analyst think or TSLA could buy out the company, either way I want to go along for the ride.
NKLAQ trade ideas
$NKLA Sets Up Range Trade with Useful Shakeouts to ComeNKLA is one we covered a few days ago. We suggested a long off the pullback to the $22 area in mid-May, and then suggested ringing the register after the breakout on June 8.
That means traders should have sold the June 9 open, which locked in prices above $90. From here, we would look for a range trade likely to retest the $50 area, which may set up well for a new shot when it happens.
NKLA breakout tomorrow?Hello, today I would like to go over NKLA and what I believe in the company.
First NKLA and TESLA can coexist in the same place, neither one or another is better than the other. They just chose to tackle the problem in a different way. NKLA makes the argument that their business model will be more cost affective for consumers than TESLA approach with regulatory problems with electrical cars. When travling you might pay less or more depending on the state lines you are in with eletrical cars not much different with gas right, well it cuts the cost of fossil fuels so its a win, yet NKLA wants to even the playing field cutting the cost across all fuel recharge stations through its hydrofuelcells, also you can get a hybrid of hydrofuelcell or electrical truck if you want. Now NKLA stated that it isn't here to take over TESLA market, it only wants to focus on commercial trucking and will have a consumer heavy duty truck, which is the only competition with TESLA. Commercial trucking makes up alot of pollution in on the roads, so they are trying to solve the commercial problem as of TESLA solves the consumer problem, so win win.
News
NKLA is show casing its consumer truck, which is a mix of the F-150 and cybertruck, yet more modern and update looking compared to the cybertruck. (don't get me wrong TESLA has a solid truck and looks great, but from an ad perspective i go with NKLA in a modern feel to help get people that love trucks into electrical and clean energy vehicals. Plus they might not feel so silly driving a cybertruck as we transition.)
TA
Right now we could suspect a breakout tomorrow, yet the problem with whats happening is the short positions are growing at an alarming rate. Whos shorting this? Well you got insitutions betting on TESLA over NKLA, TESLA investors, and many analysis that just don't understand. Also before it was known as NKLA it was launched at around $9 and has been rising ever since unlike SPCE, yet it never launched as NKLA until a few weeks ago.
-RSI is over sold, yet not overlly oversold
-MACD has turned bullish
-We are holding the 50ema as support
-If you do want to buy and are too scared to go all in or whatever I do give a range of 62.95-65.59. a break above 69.89 could cause a major breakout hitting 73
Final thoughts
This is a very speculative asset and it best to buy in a few shares. I give the price target of eoy at 200 dollars (this guy is crazy), yet hear me out. We are gonna see the consumer truck at the end of this year, bullish, by the end of year in fall I do suspect us to get the numbers of how many orders they have for 2021 production, and last there is small chance that the consumer truck may come out early if they are show casing it now, may be a summer or fall 2021 release. For now I'll go lone and swing trade with other stocks like NCLH and SAVE.
Still needs to come down a bitNKLA still needs to correct a bit more for me. $50 is where i am targeting for an entry. RSI and MFl still too high for me on the 4 hour chart..
Still not shorting from here yet. I want to see it break below 60 before i enter a short position.
Interesting stock here with lots of upside. Some people touting it as the next TSLA? Could this be a 1,000 stock in the next 10 years?
CNHI Teams with Nikola - 25 Million Share Stake, NEWS There seems to be a disconnect between Nikola, Its Strategic Partners & It's Investors
CNHI owns over 25 million shares of Nikola, more than Worthington Industries. (WOR)
CNHI has over $4 Billion in cash on hand, more than Worthington Industries. (WOR)
CNHI's stake in Nikola is worth over $1.5 Billion dollars or 7.11%, more than Worthington Industries has.
CNHI has a market cap of around 10 Billion while Worthington only has a market cap of around 2 Billion.
CNHI stock price: $7.08, Worthington Ind. stock price: $35.65 - There's a huge disconnect here.
CNHI owns IVECO, one of its subsidiaries working with Nikola on its electric trucks and charging stations.
CNHI was part of the spinoff / merger with Nikola, this is how Nikola was started.
When you search the news on CNH, IVECO & Nikola, you will see more recent releases including the build-out of a charging network for Nikola vehicles. IVECO is building this for Nikola.
Not only are investors buying the wrong stock, as in Worthington Ind.(WOR), in my opinion, the price of CNHI at current levels is an early Christmas Gift.
I feel at minimum, CNHI should be trading upwards of $20.00 a share just because of the 25+ million share stake in Nikola, and this is aside from the partnership they have with Nikola through IVECO.
2 News Release Listed Below - (There are more recent news releases)
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RELEASE 1
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A promising cooperation from the Capital Markets Day
CNH Industrial’s Capital Markets Day brought Nikola’s technological innovation to the new Iveco and Fpt Industrial spin-off. CNH Industrial, in fact, announced its intention to enter into a strategic partnership with the company based in Phoenix to accelerate industry transformation towards emission neutrality of Class 8/Heavy-Duty Trucks in North America and Europe through the adoption of fuel-cell technology.
The words of Nikola and CNH
Trevor Milton, Chief Executive Officer, Nikola Corporation, said: «Nikola has the technology but needs a partner with a European network to achieve it in a timely manner. By bringing CNH Industrial on board, we now have access to manufacturing know-how, purchasing power, validated truck parts, plant engineering and much more».
Gerrit Marx, President Commercial and Specialty Vehicles, CNH Industrial, added: «While today LNG delivers significantly lower well-to-wheel emissions, in the medium to long-term, fuel-cell and BEV technologies will deliver the ultimate goal of zero-emission trucking. With our LNG technology we have proven to be European disruptors, taking the lead in industry transformations including fuel supply and lifecycle ownership».
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RELEASE 2
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Today’s announcement of Nikola Corporation’s intended listing on the NASDAQ Exchange, New York, U.S.A. later this year, through its merger with VectoIQ, is fully supported by CNH Industrial N.V. (NYSE:CNHI / MI:CNHI).
“This is exciting news and another key milestone for our joint project to deliver zero emission Heavy-Duty Trucks and hydrogen infrastructure through a unique business model. Nikola’s NASDAQ listing gives further impetus to the ambitious targets we have set ourselves, to be at the forefront of scalable clean technology investments transforming our businesses and environment alike,” said Hubertus Mühlhäuser, Chief Executive Officer, CNH Industrial.
CNH Industrial entered into a strategic and exclusive Heavy-Duty Truck partnership with Nikola in September 2019 as the lead Series D investor, with a $250 million stake. IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial, recently announced they will manufacture, through their European Joint Venture with Nikola Motor Company, the Nikola TRE, battery electric (BEV) Heavy-Duty Truck, at IVECO’s Ulm, Germany manufacturing site. Start of production is anticipated within the first half of 2021.
“Nikola’s unswerving ambition to comprehensively transform our industry and its environmental footprint represents a great non-cyclical growth path for the business. Listing at NASDAQ, in order to raise funds in today´s market environment, is clear recognition and support of the project’s strategic direction,” said Gerrit Marx, President Commercial and Speciality Vehicles, CNH Industrial.
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions.
To the moonLooking at a pretty clean day trade setup for NKLA here. Looking at an entry at a retest of 70, with a tight stop loss just below. Green lines are the two target areas. NKLA has gone parabolic and has no business being at it's current price. That being said, there is no telling where it will stop, big swings up and down in this one will continue. Just have to play it smart and carefully.
If a break of 70 were to occur. Look for the next entry to be on the 9 dma around 59...
NKLA moving againAfter a period of consolidation we can see NKLA starting to make another move. I'm looking for 77-80 at the end of the week/Jun 19. This ~~ 68-70 area will be key to clear to make a run to the previous highs. Note even when the SPX sold off dramatically Thurs and Mon morning, this name was not being slaughtered. Furthermore, as TSLA pushes to 1k again, there could be some rotation from there to here as a 'more speculative' name. Remember, float here is not big: 23M shares only. 3.3M shares short as of 5/29
Technically, we have a triangularish form (sometimes I like to call it a serpent head since it looks like a snake on the ground sticking it's head up. Nonetheless, we have pushed higher through this formation. MACD is beginning to turn up strong bollinger band contraction snapping wider now.
NOTE: as I was writing this I show we are nearing 70 in after-hours trading (which I don't really give much credence to but still is worth of noting)
Nikola Corp.: The first $1bn to be made only in 2023Show Me the Money! 15 June, 2020, by Vladimir Rojankovski, Grand Capital Chief Analyst
Last week Nikola Corp (NKLA) made its debut on Nasdaq following a reverse merger with an umbrella company, an affiliate of a former CEO and board member of General Motors (GM). Although the company’s preorder book is ostensibly around to $10bn (ten billion dollars) and it expects to start making profits in 2021, until then it projects zero revenues in 2020 (twenty twenty), with the first $1bn to be made only in 2023.
By comparison, Ford Motor (F) is expected to report revenue of $115 billion for the year. Still, Nikola Corp, which more than doubled its shares on Monday, sold another 30% of the unplanned allotment after closing, catching up to almost $74, which gave the company almost half the market capitalization of the American legend and carmaker blue chip.
NKLA detailed video analysisWe now have more price action and It looks like we will be range bound for a bit as the bears and bulls try to get the upper hand. I show both bull and bear scenarios in detail and how the elliot waves may look as we start to move. Make no mistake the 5th wave Extension is never good to see if you are a long term bull on an asset. Its not so bad here because its an hourly chart but if you see it on a weekly chart.its going to be a long wait for a long position. The highest probable target from my experience of a retracement on a chart with a 5th wave extension is the 89% fibonacci level. Enjoy the video and i hope this analysis can bring some clarity to what is going on here.
thanks for your time guys and gals
Rigo
Parabola Always Behave The Same (NKLA example)Parabola always behave the same.
Smart money and whales always behave the same.
Human behaviours always behave the same.
There are great companies, there are good companies, there are frauds.
I don't have time to talk about fundamentals.
Technically, every parabolic move behaves the same away.
If you don't get it. Please, don't touch the financial market.
It's all about risk management. I don't care if you like to short a parabolic move. It's the same idea as trying to catch a falling knife of a bankrupt companies.
It doesn't matter.
If you don't manage risk, say goodbye to your wealth and maybe your life ,especially if you don't have any life purposes other than buying big houses and lambos.
Regards.
P/S: Don't message me or try to contact me. I don't read any messages. i don't have time. Sorry. Go figure out things yourself.
$NKLA Doubling Price TONIGHT? | Bullish BreakoutNikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Speculation on NKLA NASDAQ:NKLA doubling overnight if all goes well with this conference.
Here's Why:
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
THIS IS HUGE!
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
Do not trade this, I am long on NKLA
DotcomJack
"Baby TESLA" Nikola ($NKLA) Pausing Before A Bull RunNikola ($NKLA) is an appropriately named stock: It may also be a "Tesla without the car," as the big up-and-coming producer of lithium ion battery technology. It increased 106 percent yesterday and is making more modest gains today during a bad-run for the market overall. It is still climbing but leaving something of a sell window open on this popular stock before it is fully out of the bag. A preemie of sorts, which debuted in March, it has the innovative technology one looks for in major long-term tech stocks. LONG, Super duper long. There is a ton of promise in "Baby Tesla," whether or not it is an eventual buy out of its copycat company, or not.
Upgrading my Position to a Short: $NKLAFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, NKLA's trend worries me. I was very bullish prior, and if you followed my advice you could have likely seen a decent percentage growth. However, now it is getting to the risky side and I feel like I have more data. Higher chance of it going down to $57 over up to $120. This is what happens when you have really large spreads, it is a speculative stock, volume too high, and people too optimistic. I feel like it is better to take profits and find another IPO or stock to piggy back off of rather than taking the risk. I feel the stats are likely closer to 43% going up, 57% going down. I have also updated my previous position. Sell, sell, sell and mitigate the risk. If I am wrong, I am wrong but the price growth have been too much given the statistics. When things are too good to be true, I don't like pushing luck further than necessary. This is especially true when more info and data is involved.