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FALLING WEDGE: NKLA 🚚

Nikola Corporation (NASDAQ:NKLA)  
HumanIntel  
NASDAQ:NKLA   Nikola Corporation
Chart Patterns nikola Falling Wedge Bullish Patterns
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chartpattern nikola fallingwedge bullish
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs. - Stockcharts.com

FALLING WEDGE: NKLA
DAILY CHART
BOTTOM OF THE BOLLINGER BAND
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