NKLA - Corrective Wave Finished - New Impulse?
NKLA has been coming down for sometime now, but the appropriate corrective wave has finished. We're now awaiting a new set of corrective waves before we can make new price target predictions. Very likely a quick scalp opportunity is here.
Price point of Invalidation: $40-$42 range
Quick Scalp Take Profit: $50-$52 Range
Price point of Invalidation: $40-$42 range
Quick Scalp Take Profit: $50-$52 Range
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I don't wanna repost this so I'll make the edit on this comment, we're waiting on a new set of IMPULSE waves not corrective*
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Hope you guys found this helpful, waiting for further price action t o tell if this is just a pullback or a setup for a new set of corrective waves.