$NKLA Maybe GM can turn this around.

Sep 21, 2020

Rather than looking for a short, we are looking for a reversal trade.
Would GM have invested 2billion in a fraud? the departure of the
Founder may be good for the stock and GM may now be in a position to
either accumulate their share or write the project off.
Will look for a strong reversal off the .868 fib and if the stock can regain
the 200ma maybe we get a long opportunity.
Very speculative and day trade only, a kitchen sink statement could drop at any moment