Christosgialias

NIO Price Range Projection for 24th Nov

Long
NYSE:NIO   NIO Inc.
Lots of speculation went into this one. I think the hype will keep going on today, but to a lesser extent than on Monday of course.

I expect a lower rate of increase on the price.

The 60 resistance will be hard to break and I dont actually think it will manage (maybe in the very very end of the day).

On the opening I expect a small dip from people who will try to cash out the earnings from the premarket.

I expect about 8% total increase today.

Please let me know what you think.
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