NIO looks like it's about to have the next breakout

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NIO seems to be looking at a potential breakout in the next several days. Assumption is based on it's historic trends.

NIO has been trending upwards while respecting the support trendline. It has also seemingly been trending upwards in a staircase pattern. Since the current support and resistance trendlines are narrowing down, I am expecting a breakout.

DISCLAIMER** - not an economist here, nor a professional trader. Just sharing my perspective - this is by no means a financial advice, and therefore should not be treated as one.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.