$NKLA daily chart

25 בנוב׳ 2020

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