After a huge selloff, new companies can bounce back very strongly. I held TSLA when it was in its 30s and SNAP when it was $11. Nikola is shaping this way too for a big run-up potential and is in my radar. However it has to pull up above $20 level first to confirm this path (not a buy yet at this point). So watch this stock carefully in coming months. This can drive up to $180. Do this as a long term investment.