NKLA Bounce

NKLA has tumbled all the way down to all time lows. The stock price began at the $10 range. Price has now hit that all time low, and has recently seen a surge of volume come in. This is 5 times relative volume. This indicates to me the stock has reached a capitalization point, which will create a significant bounce in price. This can be considered a longer hold if price stays above the 10.20 support level. Profits can be taken around the 14-15 range. Earnings are coming up on May 6, which i believe a run up in price will occur up to that point.