$VTIQ Pulls Back to Fib Zone as Nikola Narrative Heats Up

VTIQ is the public-market vehicle for the introduction (through M&A) of "Nikola Motors" onto the major public exchanges. Nikola is considered to be a potential TSLA rival. Shares blew up in early May, and have retraced back to the Fib support zone, with some bounce potential for a $27.50-30 retest trade.