NKLA Daily Chart-
NKLA ran after breaking out out of its falling wedge. This area was a huge confluent resistance (wedge, POC, 50 ema, 13 ema)- Filled our gap to the upside
- If we can maintain above the gap, watch for a move to 40.00
Currently in a wave 3 to the upside. Levels marked where we could see potential pullbacks for our wave 4 corrections
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Disclaimer
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.