NKLA:USD Long
Updated
Nikola looks healthy for a long-term hold. The breakout of the bear market touched the downward pressure from the last ATH and needs to break through it with a bit more power to really prove a bull market is in effect.
Nikola as a business has promising plans and the current industry is eagerly awaiting their products.
Nikola as a business has promising plans and the current industry is eagerly awaiting their products.
Note
Sometimes my charts a bit more long term than I realize when publishing them. Nikola has a chance to continue the surge past the downward resistance that it began in June and could reach support zones at $14, $17, and $20 soon.
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