NKLA Stock Halted, Open, Halted
Dear All Accessers,
From last night,
"My best guess? Lightning rarely strikes twice. We got one parabolic rise today. ODDs are high that AFTER the surge in the morning, the FOMO market orders dry up and we got back to the open price and then THEY freak and we go back to $72 close today.
It is NOT a question of IF the stock breaks, it is a question of WHEN it breaks, OK?"
So we got the answer--up to $92 for a nanosecond...and 3 trading halts.
HOPE your sell stops are in/were in.
Like I shared last night $72 is the line in the sand... yesterday's parabolic top.
Will have a PUT option buy/call option play I hope--$72 level has been broken after a stand. BUT the puts are WAY expensive...looking farther out for a play.
I have my Ovechkin Caps jersey on--that is my BIG trading day uniform.
We have sold all the shares we wanted to with the wonder of "smart stops" that moved up to 5% under the $92 open.
17 MILLION shares traded in 30 minutes...amazing.
Looking for the balance point of sellers and buyers.
Stay tuned.