Making_Profit

NIO 30 Min Chart study for this week.

Long
NYSE:NIO   NIO Inc.
Currently Uptrending.

Stock is currently uptrending and have a strong support right now at $11.00. Bulls didn't let the price go down from that level. It is creating a nice ladder pattern and I think the stock have a great potential to go beyond $12.31 and after that moving $13.00 during this week or next. RSI is at 63, SMA 200 7.87 and the EMA 15 at 11.47. Current price around $11.82 After hours. I'm holding long this stock and I wish you good luck if you are holding this stock too.


***Remember***
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.

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