Where NKLA stopped

٢ ديسمبر ٢٠٢٠

I love to find examples of where my favorite technical level works. NKLA is a great example of a stock respecting the 50% retracement level from its down move back in September.

I didn't play this move but my trade in NIO is definitely benefitting from the crash this week in EV. If only we could have seen this coming! See my video below for why I did.