1 year and a have of long correction!i think we are ready to break down trend and flip to the upside.
NKLAQ trade ideas
NKLA rallying into next week but resistance is closeNKLA price action these past few weeks has been range bound between 9 and 11.50, It looks like that 11.50 range could be retested this week if this rally continues. A clean break above 11.50 this week and it could run to 13s. The volume the last two days has been impressive, very steady buying throughout the day if that volume holds or increases I think that 11.50 resistance falls and you could see 12 in a flash. It should be a nice week of price action coming up.
NKLA released a nice video of their New Ulm plant in Germany, it shows you the exact assembly line they'll be bringing to the Coolidge plant, very cool stuff. It seemed pretty crazy that NKLA would actually progress to this point of building the trucks but here we are. Now that they have the trucks it's time for NKLA to start getting these trucks out on the road. Once that Coolidge plant starts putting out trucks (should have a few trucks out this year and 100% ready for a full q1 production) this stock could really run.
$NKLA Expecting a Rally$NKLA has found support once again in the $9.50 area and it is running out of room beneath the overhead trend line. I am expecting a rally to the target box at some point soon.
Nikola Strong Buy UpdateSeems to be a trend reversal. Don't know what the big news is going to be, but it seems clear to me that their trucks are for real and they are making progress after Trevor
$NKLA Target 19.19$NKLA Target 19.19
I’m thinking this will try to make a run for that trendline… and if it breaks above and holds then 19.19
NLKA Long @ 9.32Look daily stoch on bottom need better vol, basing nicely
Look at weekly on bottom when you have both daily stoch and weekly on bottom WOW u have a winner
Looking go to 20
Bought on 8/19/21
NKLA 16% IN HORIZON NKLA is preparing for a move of about 16% for speculators .. let us watch and see... the move is expected soon.
Straddling over night Call heavy or short heavy? Top of the range, may need an RTB... but wait! *gma flinches*
PR? I guess will C
It's probably going to 60 soonNot really an analysis I just see it coming. It's probably gonna go to 60 or 70 soon.
$NKLA - Next KEY MILESTONES Following Company presentation:
1. Commissioning (Aug ‘21)
2. Calibration & Testing (Oct ‘21)
Technically, and following the MACD indicator, looks positive for a local recovery to target 11.82.
Stop Setup - 9.6
I do not recommend buying or sell NKLA stocks.
A breakout or a false breakout???NKLA broke above 10 today, generally that's bullish but a decent amount of the rally got faded today, that being said nkla still held over 10 which is good news for bulls, failure to crack 10 today could've easily turned bearish. I'm gonna go out on a limb here and say this is could a great price point to add some share of nkla, this stock has had a lot of ups and downs, mostly downs, but i don't think this can go much lower. NKLA was dead in the water until 9.30s then some institution put the bottom in around there. Now NKLA has rallied past 10, if this rallies hard later into this week we could see some rapid price movement. Obviously nothing in certain, tell me where i'm wrong in the comments below!
NKLA Strong BuyCeiling Trend seemingly leveled off = Potential Pivot
+
Ultimate Floor Trend Holding Support
+
Four Positive Surprise Earnings Reports following Initial Earnings Report
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Increased Volume (seemingly institutional
=
Strong Buy
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Sell Limit before Battleground (50% of shares)
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Sell Limit before $30 (remaining shares)
NKLA forming support?NKLA is looking like it might be forming a support area at the 9 range, several nice bounces off this number in this past week. It appears that Milton has been dumping plenty of shares to cover his 100 million dollar bound he had to pay to avoid jailtime, for now anyways. In the short term Milton dumping these shares is obviously bearish as he as a alot of shares still. However in the long term this seems bullish as Milton was going to sell shares anyways. I'm looking for this 9 bounce closely, a retest of 10 looks like it will happen tomorrow, this stock is setting up for an interesting week.
NKLA - Ultra Deep Value Target 🧐NKLA in capitulation down another 9% today looking very bearish.
Increased selling pressure from previous sell off suggests price is in a wave 3 of 5 currently.
If 3 then wave 5 may bounce around the 2.618 $5.5.
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But price could also be in the extended C wave of an ABC.
If C then price may bounce around the 1.618 $8.
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3 previous pivots back to January make a 1:1 ABC extension to $6.
So good chance price will get to this area.
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Since the top price has tumbled through many 1:1s tagging both the upper and lower median lines of the pitchfork. RED
So who knows maybe its going to tag LML one more time.
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I will be buying in this $8 - $5.5 area if price allows.
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Now just to watch and see if price passes A.
Not advice
NIKOLA: NKLA Can Be A Good Buy NowTraders, Nikola price has been it badly but it has reached a level where it can be a good buy on the completion of a good FCP pattern. Beware of the fact that this pattern can become extended to the downside. Hence we have to possible BUY zones
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$NKLA good news are coming Nikola is hoovering a major support level + good news of new partnerships can be a good opportunity
Nkla BuyBUY!
Nkla is at a key buying spot where is has been at previously, This area is known for banks and whales to move the market towards the upside, we can see it created a big imbalance which is looking to test again!
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Nikola, down to the point of RSI oversold zoneNikola: time to check RSI oversold zone on 5 year chart. Down along the RSI trendline.
NKLA bleeding continues into next weekWell its been a couple of weeks since i've checked in and wowza we've had some crazy news and price action. It was looking like NKLA was going to enter into consolidation zone between 13.50 and 15 but then the sec charges against trevor milton were announced. While these charges may come as a surprise to some, i'm more surprised that it took this long to charge him. There's a laundry list of things milton did wrong and now he'll have to answer for those actions. On the bright side this news could finally put milton in the rear view mirror for this company, however it probably won't as we still don't know what's going to happen to trevors shares now that he's been formally charged (i hope all the shares are just returned back to nkla, wishful thinking on my part). Now putting the news aside for a minute, the chart is looking bearish still with the double top and h&s pattern playing out. It's hard to imagine this stock not going back to $10 and retesting that level. The real question is going to be if it does hit $10 will nkla bounce there or continue selling off?
