NIO channel breakout
newby here, what are your thoughts?
Once the insane people who pumped NKLA get wind of another Tesla competitor which actually has decent results, we will see more buyers coming to market.
positions:
BUY LIMIT @$36.00 (initial bounce, watch price action, buy small amount in case we don't reach original support
BUY LIMIT @29.80 (channel support, good entry price for a long position
NIO has been trending with stock pickers a lot recently, high volatility expected, use small positions.
Once the insane people who pumped NKLA get wind of another Tesla competitor which actually has decent results, we will see more buyers coming to market.
positions:
BUY LIMIT @$36.00 (initial bounce, watch price action, buy small amount in case we don't reach original support
BUY LIMIT @29.80 (channel support, good entry price for a long position
NIO has been trending with stock pickers a lot recently, high volatility expected, use small positions.
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