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lonercapitalist

More downside to come, bounce at 14.23

Nikola Corporation (NASDAQ:NKLA)  
lonercapitalist  
NASDAQ:NKLA   Nikola Corporation
Chart Patterns Wave Analysis
3
1
chartpattern waveanalysis
snapshot

Presence of a leading diagonal as a wave A points to a 5-wave C wave. NKLA has yet to complete this 5 wave structure. More downside to come with a bounce at $14.23 -- the .618 fib tracement of wave A

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lonercapitalist
Next target 11.30
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