|Day Low/High||9.17 / 10.03|
|52 Wk Low/High||8.86 / 30.40|
Chip woes, China bumps, technology advances and crazy valuations are not out of the rear view.
The stars in this industry are Tesla, and now Ford and Lucid.
The semis survived a series of individual tests on Monday, which might be worthy of finding a spot in the back of that mind of yours.
Last week was rather tough across the board for equities. The Autos were different.
Lucid is probably technologically superior to Tesla, with smaller, more efficient, more powerful battery packs with a greater range.
Is there a more badgered, er, hated name? I don't think so, which makes NKLA the perfect candidate for a run into the teens.
Here's my answer to a tough question.
However, shares of the maker of agricultural and construction equipment still could see a period of sideways price action for a while.
The best thing we can do is manage our risk and keep our portfolio from a position of blowing up when this does end.
This type of action has the ability to damage your portfolio in the blink of an eye.
Arrival, Fisker, and Romeo Power could each see a squeeze higher.
Amazingly, one group isn't just left behind, it just keeps losing money, while the other group is shrugging off this day with aplomb.
A deeper understanding of management and a realistic view on whether a company can deliver on its projections or not is now the focus.
For many electric vehicle names, backing out of a pre-order comes with little penalty. Here's what that means for investors.
They are Rivian and Lucid, with Chanje close behind.
Is there a 'white knight' out there to replace GM?
What happens when the dream portion of the market collides with the real stock market?
You read success stories of people who risked it all on one investment. You don't hear of the many more who lost everything.
Maybe, but if so, they would have a long way to go before they are close to the frenzy we saw with the dotcom bubble of 2000.
Fast advances can attract 'hot money' and this can give early buyers a chance to sell into strength without getting noticed.
I keep waiting for the rivals to surface.
In my view, one needs to be careful chasing here.
Our latest analysis and trading strategy on NKLA shares.
CEO Mark Russell has not confirmed that GM might be taking a large equity stake in the firm.
Here's my strategy now.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.