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alasfoor
Jun 15, 2020 6:55 PM

Bullish Engulfing Candle  Long

NIO Inc.NYSE

Description

Bullish Engulfing Candle after doji candle .

it’s a signal for bullish trend :)

Comment

Today is a great opening day, but unfortunately we have a heavy sell above 7$ . the rally needs a rest (correction). it’s happened before on February when the price reach 5$.

we still need a confirmation movement from the price for upper direction again to continue the rally to 9$

good luck
Comments
NIOLONG
its heading to $8-$9
Jimmynada
Got the$8 calls. Go Nio!
NIOLONG
looking at the last 5mins movement, i think it will continue bullish tomorrow as long as DOWs & S&P are good
alasfoor
@NIOLONG, the buy & sell range is too narrow today ... no buyers and no strong seller yet .. I think it's going to be Doji Star candlestick .. this will give us a nice day tomorrow for a rally ... I hope so
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