NIO direction ahead of ER report.

Well hello everybody,

My second favorite stock is on an absolute tear this year, you may be wondering: "what's happening next?".

Well, i know you are, so lets see..

Based on this chart, NIO is extremely bullish headed into its ER report but i did notice that NIO is heading to fill the big gap of this morning,

so what i think is happening here, is that NIO will first fill in its gap and move towards the 46-48 price point until it begins its climb once again.

We see the RSI being over 50-70 level which signals overbought / strong bought levels.

I think NIO will crush ER and will see $70 by year end.

Lets see how it plays out!!


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