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ncontelmo
Sep 19, 2020 2:53 PM

NIO to $23 then $25 Long

NIO Inc.NYSE

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NIO is once again forming a massive flag that has a cup and handle inside it. A break out of the cup and handle should push NIO to about $23. Above the flag we could see $25-$26, and if we get really stupid, I anticipate a potential stupid run to $30.
TSLA is having its battery day that everyone is anticipating to be insane. This will affect the entire EV market that could cause these stocks to go crazy.

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Comments
WhiteHuracan
This isn't a flag pattern, but I agree that we're due for a move north to 22-23.50.
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