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whitejade
Jun 4, 2020 5:47 PM

$nio inverse head and shoulders Long

NIO Inc.NYSE

Description

If you're selling this... dumb move. Massive future. Do you dd. Let me know what you think. $10 near term?

Comment

Only 200+% on this trade and I'm moving on. Cheers
Comments
Partheev
It's been parabolic over the last few days, frankly the rise doesn't justify the volume (granted, its a little higher, but still). I'm expecting a rerate down to 4.3ish before marching forward.
whitejade
@Partheev, It was bouncing between $6-9 in March. The sales it just put out for Q2 are a massive improvement. Look at them. W/ those sale improvements $6 is solid. It's a swing trade. It just broke out. I'm moving into it.
whitejade
@Partheev, 200+% trade
jimba8011
If this is Chinas answer to Tesla, and Tesla is selling for $800+ what does the future hold for NIO?
whitejade
@jimba8011, idk but I hope you got into this trade
zab1e
Wow glad I didn't sell. :) I saw a c&h but I missed this. Thx White Jade!
zab1e
whitejade
@zab1e, I saw that C&H too. Either way, everything on this looks bullish for a swingtrade
whitejade
@zab1e, How did this work out for ya?
Rsve
Seems optimistic
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