NKLA can this EV penny stock stop the cash burn/ News LONG

22 Mar

NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of

hydrogen stations ready to go in the all important California market and now printed a

countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further

shareholder dilution? Is the board protecting the interests of shareholders ? While this gets

figured out can price rise to the anchored mean VWAP and put in a 10% jump in the short term?

I intend to find out.

22 Mar

Not

Zoomed to 1 minute and percentage scale for intraday trade.

22 Mar

İşlem aktif

NEWS again finance.yahoo.com/news/nikola-celebrates-grand-opening-first-220000392.html

22 Mar

Not

NKLA had a nice dip after the morning bell as a buying opportunity which was bought up quickly and then sideways to end the trading week. The hydrogen station in California doing its thing for the new big rigs.

25 Mar

Not

Big move today. 25% of the position closed. Watching for a pullback to add into.

25 Mar

İşlem aktif

NKLA had a great day- has been coiling accumulation the pump is on. No surprise if shorts cover. Buckle up. The big rigs are rolling in California ( not downhill from gravity) Cash fire is getting a sprinkler.

28 Mar

İşlem aktif

NKLA has continued higher. Algo forecasts a top now. will take the remaining 75% off
on Monday with a profit expectation of 50%