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KVBroccoli

NIO--- Potential pullback entry off of support.

Long
NIO Inc. (NYSE:NIO)  
KVBroccoli Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
NIO appears to be bouncing off of strong support after a pullback/bullish consolidation phase.
Stop closely beneath support. NIO Might be a good entry to target the top of consolidation trendline and beyond!
Comment:
Entry not taken at this time. Looking for further correction on market weakness, potentially to ~$49 support.
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