Possible bull flag, measured move on the flagpole to the upside of 48. Once Nio breaks 45.05, can see the gap fill to 46 easily, strong volume expect a climb to 48... If Tesla is really bullish this week, nio will also follow. Long term target on nio is $51
Only concern, china been killing their own companies for stupid reasons.
Anyway's good luck this week.
Support 1. 44.20
Resistance 1. 45.05
Resistance 2. 46.10
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!
Only concern, china been killing their own companies for stupid reasons.
Anyway's good luck this week.
Support 1. 44.20
Resistance 1. 45.05
Resistance 2. 46.10
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!