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Nikola’s Theme: Dead Cat Bounces Move Closer To Zero

Published 03/22/2022, 12:06 PM
Updated 07/09/2023, 06:31 AM

What we see below isn’t the exclusive domain of beleaguered Tesla (NASDAQ:TSLA) wanna-be Nikola (NKLA). It is present on plenty of stocks which, on the whole, have been falling for many months. Just about the only thing in its favor at this point is that it’s so close to $0.00, there just isn’t too much farther it can fall from its latest dead cat bounce. Suffice it to say that, for the sixth time, shareholders figured the bottom was in.

Nikola Chart.

Some other examples:

Lordstown Motors Corp (NASDAQ:RIDE):

RIDE Chart.

Virgin Galactic Holdings Inc (NYSE:SPCE):

SPCE Chart.

Zoom Video Communications Inc (NASDAQ:ZM):

ZM Chart.

 

Latest comments

This is not an article at all. What do you mean haha?
And we just saw it again... for the 7th time they bought the dip, and will get another pie in the face any time soon.
some analysts who write that they don't even know what they mean by this, and this is one of those articles, sorry, maybe you'd better write about a film because this text is more like a critique than an analysis, or maybe change your profession and become a film critic, even though it's not luck because what you don't like others like, so don't write texts out of boredom, but analyze a little, if you know at all, and obviously you don't
cover
HODL
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