NKLA has been a darling of a short opportunity over the past couple months, with a number of well-telegraphed moments of supreme vulnerability wrapped up in a context of speculative "slope of hope" positioning given the thematic moorings. We recommended short exposure here a few times (after recommending a long from $22 to $90 before that), with shorts in July (Call, Cover) and last week. That's paying off this week. Time to bank a piece and stay involved.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.