What we see under isn’t the unique area of beleaguered Tesla (NASDAQ:) wanna-be Nikola (NKLA). It’s current on loads of shares which, on the entire, have been falling for a lot of months. Nearly the one factor in its favor at this level is that it’s so near $0.00, there simply isn’t an excessive amount of farther it could fall from its newest lifeless cat bounce. Suffice it to say that, for the sixth time, shareholders figured the underside was in.
Another examples:
Lordstown Motors Corp (NASDAQ:):
Virgin Galactic Holdings Inc (NYSE:):
Zoom Video Communications Inc (NASDAQ:):
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