$NKLA there is no denying it's bearish setup

It pains me as an early VTIQ investor to say this, but the chart isn't lying. The TA shows an extremely bearish set up, with support around $33. Decision time for me on whether to sell warrants or not.
Comment: Down to 38, while warrants jump. They are meeting in the middle ground now.
Comment: Literally one of my best calls, and I'm glad I trusted my TA. Even the support level call at $33 is playing out.


Why wouldnt it break to the upside? Continue with the bullish momentum before the triangle, thought it was a continuation pattern?

Nvm you posted this chart at when it was at 48$, now at 41$ good call
+1 Reply
TheGreatBatsby tymccann28
@tymccann28, The angle of the moving averages, along with the stoch and RSI were what made me lean towards bearish resolve. Additionally, I knew the warrant registration was coming sooner or later. Thanks!
your triangle is not accurate
+1 Reply
TheGreatBatsby jackylam416
@jackylam416, ok, what ever you say.
+1 Reply
Lucid_Liquidity TheGreatBatsby
@TheGreatBatsby, your triangle is dead balls on point accurate. Nice job.
+1 Reply
ekafintu jackylam416
Is there any accurate way of drawing?
These things have always been subjective.
@ekafintu, exactly, a lot of people think resistance is static line, it's more like a zone. I've never seen resistance or support always respected exactly.
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