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AwesomeAvani
2 июля 2023 г., 04:16

NKLA round bottom reversal Длинная

Nikola CorporationNASDAQ

Описание

NKLA has reversed a trend down in the past week as it clear concerns with potentially being

delisted with NASDAQ. The symmetry in the trends is shown with an arc overlaid. This

brings to mind a cup and handle pattern in progress. It seems likely the NKLA will have

a bullish continuation from the good news of stability of its NASDAQ listing. Potential

buyers on the sidelines may take positions and generate momentum. I will trade a long

trade early in this upcoming shortened trading week. The longer-term anchored VWAP provides

support as so just under that will be the stop loss. The first target is 1.70 which was a

resistance level a few weeks ago.

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Сделка закрыта вручную

Although the trade realized profits they were less than expected. NKLA is trading sideways and on lower time frames but in a head and shoulders enough to convince
me to close out completely and so deploy funds into FSR and RIVN.
Комментарии
AwesomeAvani
Although the trade realized profits they were less than expected. NKLA is trading sideways and on lower time frames but in a head and shoulders enough to convince
me to close out completely and so deploy funds into FSR and RIVN.
sipaso
AwesomeAvani
@sipaso, Never a problem. Trades eithr go immediately in my direction or I get out. that is how I manage my trading account and grow it persistently and consistently ! There will be other days and other things to catch a ride with.
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