NIO would skyrocket?

The price was moving inside the descending channel for more than 3 years, where the stock has lost around 95% since ATH. Currently, price has meet the demand zone, and will accumulate between it and closest resistance (5,7-6$ per share) for a while.
Expect the price to break and retest the resistance zone soon.
Potential countable target is 4x-10x till last ATH.

Taking this as an investment opportunity.
DYOR