Long

NKLA held by support

Updated

Price is currently held on a support which is crossed by a trendline and 2 days ago we had failed breakdown of the trendline by the bears price needs to close above 1$-1.04 zone to be strongly bullish as for targets i have the previous highs after the price broke that level of resistance and as Stop loss recent swing low just below the support meanwhile weekly is forming bullish divergence on MACD

Trade active

price closed at exactly 1$ if price pushes above 1.04 on market open its possible trade setup

Trade active

price reached entry

Note

so far the stock met the requirements to engage the trade meanwhile 4 hr bull div formed and plays out currently also added 3rd tp before the other 2 at the price 1.32
check my profile for MARA Analysis which got in play today aswell

bmwe53

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