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Nikola stock fell almost 27% on Monday after GM said it would supply Nikola fuel-cell components. That’s different than an agreement struck in September that would have included GM taking an equity stake in Nikola.
The graph shows us prices continuously bouncing around the $ 18.00 level.
The hope is that a minimum level has been reached such that prices can begin a slow climb towards the $ 35 level.
The volatility now seems to have reduced to a minimum and the path appears quite slow.
Any drop below $ 17 could push prices to new lows changing our predictions.
Nikola stock fell almost 27% on Monday after GM said it would supply Nikola fuel-cell components. That’s different than an agreement struck in September that would have included GM taking an equity stake in Nikola.
The graph shows us prices continuously bouncing around the $ 18.00 level.
The hope is that a minimum level has been reached such that prices can begin a slow climb towards the $ 35 level.
The volatility now seems to have reduced to a minimum and the path appears quite slow.
Any drop below $ 17 could push prices to new lows changing our predictions.