A break of $18.00 sets us up for a bullish cycle

8 сент. 2020 г.

With the recent Wall Street hammer on the tech industry, pretty much all tech-related stocks have suffered. I believe that NIO is a victim of this overall market trend versus its recent stock dilution. A break above $18.00 with a little more volume is a confirmation that the bears have handed over the SP to the bulls.

9 сент. 2020 г.

Заметка

If 17 can hold then this is a good entry. If you're a long term bag holder than this is a good entry. If you swing trade, enter here or wait for 15.50-16, however, it may not get that low.