NIO potential buy setup Long

NIO Inc.NYSE

Description

⋅ Feb 27, 2024 6:07 PM

Reasons for bullish bias:
- Price bounced from a weekly support
- Bullish divergence
- Buy stop entry at LH breakout

Entry Level(Buy Stop): 6.51
Stop Loss Level: 5.15
Take Profit Level 1: 7.87
Take Profit Level 2: Open