NIO - Trend analysis proved correct.

As you saw in my previous post, the price was in an upward trend at £37.83. I analysed that the upper declining trendline/resistance would be broken on the next approach and the price will rocket up to $45. The price did indeed smash through the upper resistance and has since made highs of $42.95 and still rising fast!

We will see $45 in the coming days as the Earnings Report comes out with great Q1 news so far for the company. Trading is active and holding LONG position.

EOY prediction $70+