NIO is reaching new all time highs. It's possible (at this moment in time) that this is a fake out. However, ichimoku lagging indicator (white line) is bullish, the crossover (blue over red) is bullish, and there is plenty of thick clouds for support. RSI is a little high but far from correction territory. The fib retracement shows a low of about 38.2%. Indicating a fairly fast moving stock. This consolidation pattern is around $19 tall, so max target is around $76. Stop losses should be placed just below the cloud at $36.
Nota
Positive news on new sedan over the weekend has created great momentum for this trade.Remember: The market can do whatever the hell it wants.
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Remember: The market can do whatever the hell it wants.
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.