NIO has earnings this week and with that there is hype on some announcements expected by the company that can be the catalyst to push this stock higher. But beware as what if the announcements are not what people expected and what if they miss on earnings. The stock can tank which can lead to a buying opportunity if you believe in the company for the long run. But if they report good earnings and provide a positive outlook with the expected announcement then you will see NIO move up to new highs. Daily chart looks bullish as the MACD is widening green, while the RSI is heading up. If we can break the line of resistance then the sky is the limit.