NKLA - Corrective Wave Finished - New Impulse?

7 Tem 2020

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

7 Tem 2020

Not

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*

8 Tem 2020

Not

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.