Gold or Death, that is the question?

Today NIO opened below its 200 EMA and bounce back, some people may be happy and hope it is the end of the story, but I don't think so!
I think it is a good time to learn the difference between the Golden cross and the Death cross!

A golden cross and a death cross are exact opposites. A golden cross indicates a long-term bull market going forward, while a death cross signals a long-term bear market. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average. (Investopedia)
based on my calculations it is highly likely that the Death cross is going to happen in the NIO chart in April 2021.
This analysis becomes obsolete if NIO closes above 46.3 with a trading volume above 250 million. otherwise, consider any positive day as a good exit opportunity or sell..!
This will be my last post on the NIO chart.
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Can you please help me understand, how did you come up with 250 million volume? It is three times the average volume.
+1 Reply
dg78 khl21
@khl21, Yes, searched through the volume / price chart. Not sure I can figure out the 250MM volume number.
What the lowest target we can expect?
Jeez. Im in at $64. Buy down to get out?
@matt468, Bro...try to stop loss. I stop loss at 10% loss
+1 Reply
matt468 elericrivera2010
Can u do a chart analysis on Huya ?
Arent we now on a double bottom now? If this breaks, no good?
Thanks btw im subscribe to ur Patreon, u give well describe analysis is a gift what u charging on ur Patreon.
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