NKLA POSSIBLE BREAKOUT SOON
This is the fourth setup of this pattern, if history repeats itself then I believe this is about to breakout for a 10-20% day within the next week or two. Depending on which day it takes off, we could see highs of close to 26 per share. I want to see 23 EOD 1/26 and for it to hold into 1/27. This is a short term bullish move and unless we breakout of the descending triangle I will not change to a bullish stance in the long term.
Note
HIT 26! congrats to anyone who saw this in time - should correct tomorrow unless we break out above, then move the chains because we are going long!Note
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Disclaimer
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.