$NKLA Will test prior support for resistance, make or break time
Updated
Make or break time for NKLA. It will more than likely test it's previous support trend line, the test will confirm it as resistance now and signal a longer term bear consolidation period, potentially going much lower. It will probably continue to hug the previous support trendline, now resistance trendline until the stock (which is turning up right now) gets exhausted, when it turns down especially if it doesn't enter the bullish control zone, there will be a big move coming.
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*stoch, not stock.Related publications
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