How To Trade Nikola Motor Company ($VTIQ)

VITQ Nikola Motors has been on a parabolic move over the course of the last few days. One of the biggest questions on everyones mind is: Should I buy VITQ Nikola Motors stock? Price has moved hundreds of percents. With news flying around like crazy (no pun intended) we use charts and technical analysis to show us a black and white picture of where we can reasonably expect price to go. Here is my VITQ stock analysis for 2020.

Using multi-time frame analysis, starting on the daily chart and dropping down incrementally to the 15 minute chart reveals a bigger picture and more granular picture. Depending on how you’re comfortable trading Nikola Motors (VITQ) adjust your profit targets and stop losses accordingly.

If you can’t afford to day trade with 100 shares of VITQ then maybe it makes more sense for you to trade options on Nikola Motors with your smaller account which will allow you to get involved in the stocks movement at a much cheaper price. Whether you’re buying calls or puts, going long or short, this video has got you covered.

► Sign up for M1 Finance for a FREE $10: https://m1.finance/LjyOHWmOSxEu
► Instagram: https://www.instagram.com/tradebrigade.co
► Chat with me and other traders: https://discord.gg/MNykREw
► Try Amazon Prime for FREE: https://amzn.to/2QgahK1