After NASDAQ:NKLA reached all time low at around 0.6 $ it doubled in almost 10 days. It pulled back to 0.5 Fibonacci level from the 200 days moving average and bounced back and closed at 1.02$ on Friday. The sentiment about the NASDAQ:NKLA is starting to change and recent activity of company shows great improvement. Last quarter they delivered more truck as estimated. Additionally, they are starting to deliver the BEV 2.0. NASDAQ:NKLA is attracting more and more investors as they show more and more progress after all the negativity caused by EX CEO. My prediction is that NASDAQ:NKLA is forming a base at 1 $ and it will go north. Technically, the weekly chart is very bullish based on Awesome indicator. The ratio of risk/reward is low. I will stick to my shares for at least one or two years to see what NASDAQ:NKLA bring to me. Good luck to everybody.