NIO Inc. Sponsored ADR Class A
Güncellendi

NIO Triple top with divergence

1 095
Triple top forming on Nio after break out.
Rising price and reducing volume.
I will add to my position at $40-$45.
Not
The dip was into the $5 range expected.
Thank you for the likes
Not
ekran görüntüsü

With drops across the market and other Chinese EV stocks not looking great in my opinion, I am waiting to see if this support level holds.

Price has dropped through 3 levels $54, $49 and $45
Once price hit my target area, it bounced to $52 before dropping to the $45 support level once more.

If there is no buy volume, I currently have buy orders between $35 and $38 and ideally want price to maintain above $42 and continue upward.

If we do I want to see price hold above $55 or I will look at selling the high.
Not
Reducing position on the highs
If trend line breaks position will be closed and will watch for support $25
with buys to catch a sell off sub $20

Keep eye on news that affects this market, materials shortage, production issues.
Not
ekran görüntüsü

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.