Noticing both a falling wedge and positive divergence (falling price action / rising MACD lows) on the NKLA 4HR Chart, a potential sign of downward momentum slowing.
Support level at 12.70 just got tested.
Could see NKLA price rise up to 26.90.
Green levels are untested levels to take profit.
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Support level at 12.70 just got tested.
Could see NKLA price rise up to 26.90.
Green levels are untested levels to take profit.
Please like and follow for more Stock/Forex Analysis and Content.