Nikola:
1. In Thursday’s 08/20 Williams edge session it was noted to sell Nikola short upon a daily or hourly close below $41.00 for a decline to $38/$37 profit target.
2. Subsequently both the hourly and daily close to below $41.00. Nikola then continued to decline and completed the $38/$37 profit target (swing low, $37.00). This successfully completes the forecast/trade.
David Williams