NIO - How can you not be bullish
NIO is currently in an ascending triangle formation sitting at resistance. Its creating higher lows and struggling to break resistance at 24.67...The break out will occur tomorrow, if not it will break down. The upside is great.
Target #1 - $25.95
Target #2 - $27.30 (Gap fill resistance)
Risk level depending on how much breathing room you like $23.09(black lines) Anything below that and you know its gone beyond any point of return. Tighter if you see fit. Good Luck tomorrow.
Target #1 - $25.95
Target #2 - $27.30 (Gap fill resistance)
Risk level depending on how much breathing room you like $23.09(black lines) Anything below that and you know its gone beyond any point of return. Tighter if you see fit. Good Luck tomorrow.
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