$NKLA Warrants are being redeemed, $27 warrant = $38 stock

Like I was predicting earlier today, Nikola broke down from it's bearish consolidation period. Support is still at $33, but with warrants jumping in price to $27 this implies a $38 stock price for Nikola.

It's good to get this bearish consolidation out of the way, and good to get the warrants out from hanging over its head.

Now its time to build support.