After a brutal beatdown, there appears to be a bit of bull divergence on stoch RSI for this stock, and it is now crossing up from extreme oversold. Also breaking a downtrend line. Floor is $2.35 for now. We shall see.
Yorum:
Note: US markets are closed July 4, 2019.
The dashed black line is drawn at the same angle as channels in early pics.
We have a higher low and higher high, on volume. At least check, NIO was printing a bullflag.
I added to my NIO position at $3.17 and will probably add more Friday. Of interest is the gap at $2.84 ... maybe it will fill?