Right now, the trendline literally looks like a downward wedge
for NKLA. The bearishness is really bad, and I don't think management has enough upside to currently pose positive growth for this quarter. While, I root for the overall technology, not sure if NKLA can be the company to deliver. They also don't seem to have their own production in place. That being said, everything I say is on an opinion based basis. Right now, I think an entry here would be high risk. That being said, please proceed with caution. Do your own due diligence.