NKLA showing some signs of support arund 2.22 point. The harmonic here seems to be associated with a bullish pattern at least to the 50% fib of the macro harmonic. This has a price point around 2.85- the bottom of the IM Cloud. NKLA had some bad news come out recently of CEP change, but there may be some small pushes up to test the direction of things. The CEO that stepped down is going to remain as advisor thru Sept I think.. so price action may remain healthy. Will re-explore at end of Sept. This push should be a quick one.
Trade active
1340 shares bout at 2.24 earlier todayNote
Opening candles brought us down.. but the flush is a fake out IMO. New pattern should bring us back into the ranges here if price action goes above 2.24.. if there is a rejection of price at 2.20 or anything below 1.95.Trade active
Goood rebound this a.m. Price held 1.94 level and moon shot back up. The micropattern has played out to the upside and we are back into the intermediate pattern. Price needs to maintain/support itself at or above 2.24. Please note the patterns here are not correct. New chart will be put up so for clarity.Note
Appears to be a good tweezer bottom establishing to get us back into range.Note
See new chart - for updates and new target.
Moorsc0de aka Crypt0nomics aka Zaphkiel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Moorsc0de aka Crypt0nomics aka Zaphkiel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.