Target 1 : 5$ (Aligns with 100 Daily MA)
Target 2: 8$
NIO Breakout coming soon due to the further accumulation of good news!
The downward channel will be broken, and the confirmation is the break above 2.40 which also happens to previous support level.
The 1st target is 5$ which happens to be the 100 Daily moving average price point.
The 2nd target is 8$ which happens to be a previous resistance level.
The rally will come quickly... the market almost always performs well come holiday times.
Target 2: 8$
NIO Breakout coming soon due to the further accumulation of good news!
The downward channel will be broken, and the confirmation is the break above 2.40 which also happens to previous support level.
The 1st target is 5$ which happens to be the 100 Daily moving average price point.
The 2nd target is 8$ which happens to be a previous resistance level.
The rally will come quickly... the market almost always performs well come holiday times.