PlanTradePlanMM

NKLA Long, EMA144 as support and at demand zone

Long
NASDAQ:NKLA   Nikola Corporation
Daily chart touched EMA144
Daily Demand zone touched, not confirmed yet

If trade stock, better wait for Zone confirmation, trendline break, and cross over EMA144.

Entry: below 31
Stop: 26;
Target1: 52; risk/reward=1:4
Target2: 66; risk/reward=1:7

I am not a Pro trader. I need few months to work on rule based trading strategies.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate consistently.
Trade active:
BuytoOpen Oct C40/65 Limit 3.00
No stop in this option trade; Option risk/reward=1:7 -- OK to try my luck.

Otherwise, this position could be stopped easily, and 22-24 is next high quality demand zone.
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