$NIO – Strategizing
Mapping out my plan for $NIO based on: consolidation breakout through wedge, broke above previous high, fib setup, good volume shelf, supported by EMA and lined up nicely. Beginning to form C/H. Strong technical oscillators and MA’s and MACD. Good momentum. RSI is a bit high so could be a small pull back before continuing strong.
NIO
Mapping out my plan for $NIO based on: consolidation breakout through wedge, broke above previous high, fib setup, good volume shelf, supported by EMA and lined up nicely. Beginning to form C/H. Strong technical oscillators and MA’s and MACD. Good momentum. RSI is a bit high so could be a small pull back before continuing strong.
NIO
Trade closed: target reached