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FibonacciGang
Dec 23, 2020 12:30 AM

NIO Beautiful Break-out . Don't Miss this Wave 5 Long

NIO Inc.NYSE

Description

NIO is heading towards $53 . My first target of $48 was hit today. Sorry for my followers who did not get this alert ahead of time.

Use my dotted lines to ride the trend and use proper stop losses.

Target: $53

Stop Loss: $45

Comment

Trade still active. We had to move the stop loss down to $42 zone after the huge correction we faced last week.

Wave structure is still intact. Target is still $53 I plan on selling the news event.
Comments
joscla2
Can you do an updated chart on your thoughts after this huge dip.
Jughead987
There seems to be a resistance around $47 range
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