After a huge selloff, new companies can bounce back very strongly. I held TSLA when it was in its 30s and SNAP when it was $11. Nikola is shaping this way too for a big run-up potential and is in my radar. However it has to pull up above $20 level first to confirm this path (not a buy yet at this point). So watch this stock carefully in coming months. This can drive up to $180. Do this as a long term investment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.