Social Media Stock of the Week
🚗 🔌 Nikola Motor Company 🚗 🔌⠀⠀
Early July we covered Nikola, having seen some indicators that would have shown it as a good time to exit the stock. The PPO indicator is now hovering around zero, and everything is starting to underperform. Listen to the end to know when a good place to re-enter will be!
🔌 ☀️ FIRST SOLAR ☀️ 🔌⠀⠀⠀
The $58 support and resistance line has everyone’s eyes watching. We’ve seen it go above in the last couple weeks, & compared to its peers #firstsolar is doing well! Let’s see how it continues!
Everyone’s favourite late night ride, how is it doing on the charts? It’s been in a declining price channel, since it IPO’d, but we are seeing it break to the top side, an important change to watch for in the trend.⠀
We’re looking for higher highs (like many charts), but we want it to break above its previous highs and create those one year highs.📈⠀
What do we think it’s going to do? Do we think COVID-19 has helped, or hurt this chart since its release? 🤔