NIO CCI above 100, MACD about to cross, and we closed the day at ATH again. Different than before, we are at the midpoint of the uptrend channel this time, with very good volume. possible entry above $21 sustained, and long to the fib 127 lvl $23.77.
Trade active
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Most trades happen around $19, great bounce back from the support, we were shy of $1 from our last prediction.
Thur & Fri pullbacks are at the half volume of previous buying days, which is a very bullish sign.
Friday candle closed an inverted hammer, a trend reversal indicator, with this we may or may not see another pullback to retrace to fib 0.618 of $20.36.
Regardless we should see a very bullish run-up to the fib127 level again of $24.18.