leongaban

NIO pump... combo TA & fundamentals

Long
NYSE:NIO   NIO INC
On the longer timeframe you can see a rough inverted head and shoulders ... white line is resistance broken then turned into support at green circle, where I would have gone in if trading at the time. Yellow circle is the news that NIO beat it's numbers (jul 2nd) then the moon shot.
Comment: I've taken a new position in NIO, closed my 10/9 PUT spreads, about 10% profit...

Moved into the Jan 15th $25 calls heavily, will share my high conviction thesis later.

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