NIO Inc.
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NIO Pennant Forming

231
NIO is forming a bullish pennant on the 1 hr. time frame. Looks bullish to me but still have to be cautious as covid news could drive it either way. I expect it to hit some resistance at the all time high but if we break new all time highs, I could see the price going to $25 range as the new price target. I could honestly see a breakout within the couple of days. Additionally, I don't see any divergence at the moment so that's a good sign. Look for high volume to confirm breakout. This is not financial advice and I am still a beginner at this.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.