Is this a real bounce on NKLA

Updated
NKLA has now sold off into it's premerger SPAC levels, the $10 level held this last week during earnings on the heels of good news. If NKLA can hold the $10 level this could be a potential bottom for a stock that has been getting beat up for a better part of a year. Is this finally the time for NKLA or is this just another opportunity to sell calls against my shares?
Note
It's starting to get a little more interesting, the rally continues. Let's see what tomorrow brings
Note
closing right at that 12.60 mark today, 13s tomorrow?
Chart Patterns

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