1NKLA trade ideas
NKLA bullish viewIn my opinion I am looking at NKLA to hit $50/share soon after another consolidation.
NKLA continues hopping up on pennantsNKLA's ride up on pennants continues. NKLA has shown us 3 pennants in the last 2 weeks. Great consolidation after pop ups. I was able to capitalize on the last consolidation on Thursday and I'm ready for the pop from today's consolidation.
We got another setup from today's consolidation. NKLA is ready to move if Nasdaq gets momentum early next week.
Target is 50.86 based on a Fib 138% move
Just my idea. Do not trade based on this. Do your own research!It is going short. Might hit 23 around mid-september
$NKLA running through reversal shift$NKLA just about filling its gap, expect a potential pullback off of this level back towards the daily 50 ema
NKLA climbing on PennantsNKLA has been on a tear over the last couple of weeks amidst earnings and other good news. It's responded with about a 50% jump during this time. Both its jumps have come following pennant shaped consolidations. It appears to be ready for another move up on its second pennant in 2 weeks.
Receives Landmark Order of 2,500 Battery-Electric Waste Trucks Nikola Receives Landmark Order of 2,500 Battery-Electric Waste Trucks from Republic Services
Order includes 2,500 electrified chassis, with the option to increase the order up to 5,000 units
Largest single order in the waste industry and signals Republic Services’ commitment to zero-emission vehicles
On-road testing likely to begin in early 2022, with full production shortly after
The truck chassis and body will be provided directly to Republic Services from the Nikola factory
The electric platform is expected to offer up to 150 miles and 1,200 cans on a single charge
Zero-emission trucks expected to outperform diesel or natural gas options in horsepower and torque
Will result in a much quieter and emission-free refuse collection experience
nikolamotor.com
IN THE NEWS:
CNBC
TECHCRUNCH
BLOOMBERG
BARRONS
nikolamotor.com
MONITOR NKLA - Attractive Risk Reward RatioFast Turtle Triggered BUY with increased Weekly Volume.
ATOM still neutral - Potential Ranging
FiFT +ve
Well Support at 29
Immediate target 48 to fill the gap.
Finwiz.com target 58.
Plan
Accumulate around 34.5 to 55
SL below 29
TP1 at 48 (Risk Reward 2x)
TP2 at 53
TP3 at 58 (Risk Reward 3x)
NKLA Daily chartsmh... was laughing about it dumping the last couple of weeks.. looks like it may be heading to all time high
$NKLA - 2 challenges for long position1. Gap in 48.31$ (The question is what's next?)
2. Next is Descending Channel (Upper area 51$-50$)
MA26 nicely below for support possibility.
Not for any advise,
Just an Idea.
Nikola Stock AnalysisBased on technical Analysis, there might an opportunity to go long - prices moving inside a channel
Scalping in NKLA on 10.08.2020Similar to TSLA I covered my profit's pretty quickly in NKLA , a 5 minutes trade for 1K.
NIKOLA - the invisible truck manufacturer SHORTNIKOLA's CEO Trevor Milton is comeing out with gigantic claims about their company. There is not enough visibility/evidence about these claims to any investor.
NIKOLA's rotten core wil slowly but surely reveal itself within the comeing months. Bulls will be holding back and sensible people will sell the stock before Trevor Milfred can prove anything real.
SHORT
NKLA long termDespite of the not so good results, the chart with the retracements points out a good risk/reward ratio.
3 price outlooks for NikolaI don't see any big investors rallying in before they see alot more than what Nikola has delivered so far.
They're 2Q revenue of 30k came from excecutive member buying solar panels from Nikola :D...
Cathy Wood publicly stated Nikola is headed to 0 in their view.
My bets are on 1 and 2...
Cheers!
nikola I like to make it simpel and easy.
I make charts my own way,
no real charts needed for this, only the price and targets!
Look at the previous tesla charts!
but keep in mind! (the will) give it time ..we need to see nikola cars drive on the road also!.i hope the can deliver in europe also.
the stock price is fair and low.
i can only say, nice price! with 1 share you cant even fill 1 tank of gasoline for a non electric car. think about that!
Stone........
