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goledger

NIO has posted 8 down days out of past 9

Long
NIO Inc. (NYSE:NIO)  
goledger Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Support and Resistance
4
2
trendanalysis supportandresistance
Note the volume shelf on the left side of this chart. The pivot points are also worth a look.

Purchased Mar $30 calls this morning to trade a potential bounce and pending earnings release.
Comment:
The channel in the middle of the chart is a 100 day linear regression overlay, set to show +/(-) 1 std deviation.
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