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msamal316

CUP and HANDLE BREAKOUT

Long
NIO Inc. (NYSE:NIO)  
msamal316 Updated   
NYSE:NIO   NIO Inc.
Technical Indicators Chart Patterns Wave Analysis NIO niolong niosetup nioanalysis niobullish
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indicator chartpattern waveanalysis nio niolong niosetup nioanalysis niobullish
NIO is on the verge of a cup and handle breakout. Handle formation is almost over. Target price $36.5 on breakout of handle.
Comment:
BREAKOUT from the wedge handle. Short term targets - $27, $29, $32
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