vf_investment

May 24, 2023 12:19 PM

NIO FALLING WEDGE Long

NIO Inc.NYSE

Description

⋅ May 24, 2023 12:19 PM

On the chart we can see the falling wedge pattern.
Our strategy is to open a long position when the price breaks above the upper resistance.
Targets are shown on the chart.

Comment

⋅ Jun 10, 2023 12:37 PM

Expecting the breakout next week

Comment

⋅ Jun 21, 2023 12:41 PM

good progress so far

Comment

⋅ Jul 9, 2023 2:47 PM

The downsloping resistance line has been retested as a support and we're seeing more upside exactly as expected

Comment

⋅ Jul 27, 2023 9:25 AM

Target 1 reached

Trade closed: target reached

⋅ Jul 29, 2023 7:44 PM

2 targets reached. Congratulations

Comments

carinatrades

⋅ Jul 29, 2023 12:48 PM

Excellente

paisakkaran

⋅ Jul 30, 2023 10:04 AM

Nice one 👍
what is next ?

zdjaniak

⋅ Jul 30, 2023 10:53 PM

@paisakkaran correction to support $10 and then ⬆️ to resistance $24

DeGRAM

⋅ Jul 27, 2023 4:11 PM

Execellent

FirstNameHelen

⋅ Jul 27, 2023 3:03 PM

I have a great feeling about NIO, thanks

WalterMoon

⋅ Jul 27, 2023 11:02 AM

Clear NIO post, thank you for your insights

zdjaniak

⋅ Jul 30, 2023 10:54 PM

Next steps: correction to support $10 and then ⬆️ to resistance $24

melikatrader94

⋅ Jul 30, 2023 4:13 PM

Good and informative work, thanks

melikatrader94

⋅ Jul 27, 2023 12:43 PM

This is definitely possible, thanks for sharing!

darshmistry

⋅ Jul 15, 2023 12:54 AM

thank you so much for your analysis! find it very helpful, is NIO still poised to reach 13?