NKLA forming support?
NKLA is looking like it might be forming a support area at the 9 range, several nice bounces off this number in this past week. It appears that Milton has been dumping plenty of shares to cover his 100 million dollar bound he had to pay to avoid jailtime, for now anyways. In the short term Milton dumping these shares is obviously bearish as he as a alot of shares still. However in the long term this seems bullish as Milton was going to sell shares anyways. I'm looking for this 9 bounce closely, a retest of 10 looks like it will happen tomorrow, this stock is setting up for an interesting week.
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