NIO.Inc-ADR The formulation of ascending channel has potential?

Technical analysis :
NIO - Is there potential here, as it was before, and is there something that can be collected. NIO has been part of my portfolio before quite a few times and it has had it's time to shine, but as it is now it's sitting in a very low level, with the recent gains, it might formulate a positive Ascending channel uptrend.

Fundamental Analysis :
NIO is a leading Chinese EV manufacturer, which recently a chieved record delliveries including 20,500 vehicles in Nomvember 2024. with a projected 77% YoY increase for December. With a 470.7$ Million investment and plans to launch four new models in 2025! NIO is positioned for growth based on these metrics. Analysts are projecting 52.71% upside supported by innovations like battery swapping and autonomous services.

Entry : On market open - 4.94$
Target 1: 6.04$
Target 2: 6.88$
Target 3: 7.70E

As always my friends happy trading!

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