Update on NIO: Trading in a bullish channel - breakout yesterday

2020년 9월 30일

This is an update on this analysis below:

Right now it looks like NIO is in this channel with a likely target in the mid-twenties and higher. We'll see if it gets there fast or slow, hence the extended target range.

2020년 10월 2일

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Retested breakout zone with a corrective wave and now rebounding:

2020년 10월 7일

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For the day-traders... Breakout in NIO could be imminent:

2020년 10월 8일

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There it is:

2020년 10월 14일

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NIO is now in my target zone:

I am still long and will monitor on the 1hr chart. Ideally I'm looking for profit targets at 26 - 27

2020년 10월 15일

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Pleasantly surprised a break above 27. I still have a position. Here is my trailing stop which will be adjusted as structure develops: