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Trendy-Neck

TrendyTrades: NIO Break of downtrend

Long
NIO Inc. (NYSE:NIO)  
Trendy-Neck  
NYSE:NIO   NIO Inc.
Trend Analysis Trend Lines Fibonacci NIO Demand Zone swingtrade daytrade trendyneck trendytrades
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trendanalysis trendline fibonacci nio demandzone swingtrade daytrade trendyneck trendytrades
I expect NIO to break out of the downtown since bounce of Demand, then hitting Demand-Turned-Supply causing it to drop and re-test the down-trend for a move to the upside breaking supply and reaching the next fib level at 38.50

This analysis could be used for day-trade or swing-trade. NIO
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