Adding NKLA To Diversified Portfolio将NKLA添加到多元化投资组合中

I am adding NKLA to the diversified portfoliao I suggested on https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html

Technically NKLA has found bottom and is ready to go back up. Fundamentally its business has good potential and is undervalue base on analyst price target. It has been going opposite to Tesla (TSLA). Since TSLA upside is overdone on the upside, as TSLA comes down, NKLA goes up. 

Nikola (NKLA 38.77) operates as an integrated zero emissions transportation systems provider. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure. The company also develops electric vehicle solutions for military and outdoor recreational applications. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.

1. "Electric truck maker Nikola confirmed it secured an order to maker at least 2,500 electric garbage trucks for Republic Services Inc. RSG,for an undisclosed amount. The company said it expects to begin testing the trucks in early 2022, with full production deliveries in 2023. According to a report in The Wall Street Journal, the battery-powered trucks Nikola will make can travel 150 miles on a charge. Although the price of the trucks in the Republic Services order isn't disclosed, Founder Trevor Milton told the WSJ that the company is committed to a price tag under $500,000 per vehicle, which is the going rate for electric garbage trucks currently sold by Nikola's competitors." ---Market Watch

2. Using $500,000 per truck, it's worth $1.25 Billions for 2500 trucks. With Nikola's trailing twelve month revenue of only $0.44 millions,  it would be a 2840% increase in revenue if trucks are fully delivered. This should hugely boost Nikola's bottom line.

3. Nikola also uses hydrogen fuel cells to power vehicles. Hydrogen fuel cell have advantages over purely battery-powered electric vehicles in that storing hydrogen fuel in an on-board tank can stretch a fuel cell vehicle's range to as far as 500 to 700 miles compared to a tested range of 400 miles for an all-electric Tesla Model S sedan.

4. "If you're not convinced that the rally in rival Tesla (TSLA) is sustainable, you can essentially achieve a short position simply by buying Nikola stock. That way, you don't have to worry about being negative on anything. You 're simply choosing a different course of action than the rest of the crowd. "---Josh Enomoto

Josh Enomoto charted price performances of both TSLA and NKLA, they are -78% opposite to each other. In other word, if TSLA is down then the chance of NKLA up is 78%. I don't believe TSLA rally is sustainable and NKLA has real potential on the other hand.

5. Other positives for NKLA: 

    a. Nearly 16% short interest, only 88 million shares flow, this usually garners big gain if good news hit.

    b. 3 month increase in institution owner ship is over 140%.

    c. Analysts consensus price target is $58.33. Stock is undervalue at today's price.

6. Technicals

NKLA topped out at 93.99 on June 9 this year, splashed down to 29 on July 30, bounced up to 46.95 before retracing back to today's price around 38.77. Its near term support is the 37 to 38 area. Its first resistance is 50 day moving average level at 47.81. So NKLA is consolidating between 37 and 47.31 area. It looks like a good buy here since it is near the low end of the consolidating range.

我将NKLA添加到我之前建议的多元化投资组合中https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html。

从技术上讲，NKLA已完成探底并准备上升。 从基本面上说，它的业务潜力很大，并且根据分析师的价格目标来看股价被低估。 另外NKLA的走势一直与特斯拉（TSLA）相反。 由于TSLA上升过度而随时下跌，当TSLA下跌时，NKLA上升。

Nikola Corporation（NKLA 38.77）是一家综合性零排放运输系统提供商。它设计和制造电池电动和氢电动汽车，电动汽车传动系统，车辆部件，储能系统和加氢站基础设施。该公司还开发了用于军事和户外娱乐应用的电动汽车解决方案。 公司 立于2015年，总部位于亚利桑那州凤凰城。

以下是有关NKLA的一些情况：

1.“电动卡车制造商尼古拉证实已获得向Republic Services Inc. （RSG）制造至少2500辆电动垃圾车的订单，金额未公开。该公司表示，预计将在2022年初开始测试该卡车，并全面交付生产。根据《华尔街日报》的报道，尼古拉将生产的电动卡车可以充电后行驶150英里。尽管RSG服务订单中的卡车价格尚未透露，创始人特雷弗·米尔顿（Trevor Milton）告诉《华尔街日报》表示，该公司承诺每辆车的价格低于50万美元，这是NKLA竞争对手目前出售的电动垃圾车的现行价格。” ---市场观察

2.以每辆卡车使用500,000美元来算，那么2500辆卡车的价值是12.5亿美元。由于Nikola过去12个月的收入仅为44万美元，如果卡车完全交付，收入将增长2840％。这应该大大提高尼古拉的底线。

3.Nikola还使用氢燃料电池为车辆提供动力。 氢燃料电池比纯电池驱动的电动汽车具有优势，因为将氢燃料存储在车载油箱中可以将燃料电池汽车的续航里程扩大到500到700英里，相比之下，电动特斯拉Model S轿车全范围的测试里程为400英里。

4.“如果您不相信竞争对手特斯拉（TSLA）的上升是可持续的，则只需购买NKLA股票就可以基本上实现TSLA的空头头寸。这样，您不必担心做空的风险。您只是在选择与其他人群不同的行动方式而已。” --- Josh Enomoto

Josh Enomoto绘制了TSLA和NKLA的价格表现，它们彼此的走势的相反度为-78％。换句话说，如果TSLA下降，则NKLA上升的机会为78％。我不认为TSLA的升势是可持续的，而NKLA则具有真正的潜力。

5. NKLA的其他正面因素：

    a。将近16％的空头，只有8800万股流通量，如果出现好消息，股票通常会获得可观的升幅。

    b。机构拥有率的3个月增长超过140％。

    C。分析师综合共识目标价为58.33美元。

6.技术分析：

NKLA在今年6月9日达到93.99的高点，在7月30日跌至29，反弹至46.95，然后回落至今天的38.77附近。近期支撑位在37至38区域。它的第一个阻力是50日移动平均水平47.31。因此，NKLA正在整固在37和47.81之间的区域。这似乎是一个不错的买入点，因为它处于整固区间的低点附近。