carley621

NKLA - Trade set up

Short
NASDAQ:NKLA   Nikola Corporation
I like the break of old support here and the 100MA as a exit. I'm getting in on the break of the first hourly candle. If it wont break then could be a bear trap. You can use the old support as a stop also. This is a retest gap so it wont be fast right out of the gate. It's had a lot of bearish candle the last few weeks.
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.