NKLA Long

There has been a lot of talk about NKLA recently so I decided to take a look at it.


1. Broke out of a downtrend.
2. MACD bullish crossover.
3. Volume has started to surge in.
4. Golden cross at the 30 minute chart.


The 14-15usd level seems to be a level of support/resistance for NKLA. It acted as resistance in March 2020 and in April 2020. But later on, became support in December 2021 and March 2021. Therefore, I believe this level is crucial.

P.S. I've heard rumours about NKLA being a fraudulent company, so be careful with this security.

I try to keep this as simple as possible as I, myself, am pretty new to market trading. If there is anything you'd like to criticize or if you just want me to simplify something, just comment.

This is not financial advice! Do your own DD!