ddcakez

NIO bull-run will continue

Long
NYSE:NIO   NIO Inc.
NIO on the weekly already fired off a squeeze, but in order to see if that squeeze will continue, we need to look at it from the daily time frame. On the daily time we can see that a squeeze and a crossover via the oscillator is about to occur. I think this is a great time to enter if you are later than others regarding NIO.

Bullish Signals
-Squeeze
-Crossover via oscillator

Price Targets
-1st 50
-2nd 55
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.