NIO to test $65 again.

업데이트됨
Greetings Investors,

I’m LONG NIO and BULLISH based on the following:

Bullish Factors

1. Bullish flag pattern formed on the daily chart.
2. Strong support at the 23.6% FIBO level, which represents a strong upward trend.
3. Bullish consolidation at the 20 MA, before continuation of the previous trend.
4. Bullish MACD histogram

Strategy

1. Consider the OTM 19 Feb (risky) or 19 Mar NIO 70C.

Happy Trading!

Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss.  Loss of principal is possible. Please exercise your own due diligence.
노트
Breakout on the daily chart!

스냅샷
Chart PatternsTrend Analysis

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