ENTRY: ~ 42 EXIT: ~ 55 STOP LOSS: 38 -We had an inverted hammer pattern in NIO and it was confirmed today as it didn't break the pattern yet. - Looks like a good setup right now, as it is trading around the ~ 42 previous support level. -We also have high volume which confirms the pattern + support level
Trade active
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-Stochastics cross up - RSI looking to exit the bearish zone - The ticker is also trending up above the 200 day EMA (SUPPORT)