Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,137.90
(
1.05%
)
US TECH 100
26,218.00
(
1.73%
)
Dow Jones
49,490.03
(
0.09%
)
Brent Oil
97.76
(
1.08%
)
Bitcoin
78,485.93
(
0.32%
)
News Focus
News Focus
Post# of 55978
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

BottomBounce

Send PM Follow Ignore
Followers 928
Posts 158507
Boards Moderated 2
Alias Born 08/13/2010

BottomBounce

Member Level

Re: Estrella post# 51386

Monday, 04/26/2021 2:26:33 PM

Monday, April 26, 2021 2:26:33 PM

Post# of 55978
$NKLA Key Levels To Watch

The stock has been falling the past couple of months, forming into what technical traders may call a falling wedge pattern.
This pattern is considered a bullish reversal pattern as connecting the highs shows a much steeper drop compared to connecting the lows of the chart, forming a wedge.
A break above the line connecting the highs may signal the stock is changing trends and ready to start heading back up.
A break below the line connecting the lows could bring about a stronger downward push.

https://www.benzinga.com/trading-ideas/long-ideas/21/04/20755328/nikolas-stock-surges-and-looks-ready-to-break-out-even-further

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today