A breakout or a false breakout???

25 août 2021

NKLA broke above 10 today, generally that's bullish but a decent amount of the rally got faded today, that being said nkla still held over 10 which is good news for bulls, failure to crack 10 today could've easily turned bearish. I'm gonna go out on a limb here and say this is could a great price point to add some share of nkla, this stock has had a lot of ups and downs, mostly downs, but i don't think this can go much lower. NKLA was dead in the water until 9.30s then some institution put the bottom in around there. Now NKLA has rallied past 10, if this rallies hard later into this week we could see some rapid price movement. Obviously nothing in certain, tell me where i'm wrong in the comments below!