NKLA cruising down but could find support in $48-$56 range.
Diupdate
Could find support in $48 to $56 range.
Two candles below $50 is probably a good short position
The more I heard Trevor Milton speak, the more desperate he seems
Think Cathie Wood agrees:
cnbc.com/video/2020/06/29/ark-invests-cathie-wood-contrasts-tesla-with-upstart-nikola-theres-just-no-comparison.html
Is there any news on the horizon?
Two candles below $50 is probably a good short position
The more I heard Trevor Milton speak, the more desperate he seems
Think Cathie Wood agrees:
cnbc.com/video/2020/06/29/ark-invests-cathie-wood-contrasts-tesla-with-upstart-nikola-theres-just-no-comparison.html
Is there any news on the horizon?
Catatan
So looks like a podcast between Cathie Wood from ARK and Milton is coming soon - youtu.be/LpLrxblsWZE?t=210. Check out Milton losing his cool and calling Cathie Wood's fund "shit". youtu.be/LpLrxblsWZE?t=256 If that's any portent, my guess is she will shred him and stock goes even lower.
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