Noticing both a falling wedge and positive divergence (falling price action / rising MACD lows) on the NKLA 4HR Chart, a potential sign of downward momentum slowing. Support level at 12.70 just got tested. Could see NKLA price rise up to 26.90. Green levels are untested levels to take profit. Please like and follow for more Stock/Forex Analysis and Content.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.