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shkspr

Long | NIO | Intraday | 11/2/2021

Long
NIO Inc. (NYSE:NIO)  
shkspr Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators NIO
7
1
trendanalysis chartpattern indicator nio
NIO

Possible Scenario: LONG
Evidence: Price Action
Entry point: buy order : 40.35$
TP1: 41.5$
TP2: 42.5$
TP3: 44.5$

Call options, Strike 41$, 11/05/2021
Call options, Strike 42$, 11/05/2021 500 Contract at 44$ cost is 25k and profit is 100k,
Call options, Strike 43$, 11/05/2021

*This is my idea and could be wrong 100%
Trade closed: target reached
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