NIO TECHNICAL ANALYSIS The previous trend and Fibonacci retracement show It will go short around 40$ to 36$. So Sell and wait for the next target as set on the graph at that position 36$ if shows a green candle then take entry after confirmation. If it breaks this support then the next support is at 32$. IF it goes to 32$ then at this position buy as much.
Also mostly it depends upon the news. So don't forget updates like and follow me for further trading ideas. Don't hesitate to text me if you've any queries.
NIO just won a US Patent for Battery Swap and signed a deal that aligns them with Geely/ Lotus Volvo and Polestar. Lots of press coverage.
You have the check the news against the charts with this one,
@barber01926, As due to Lotus partnership announcement with NIO the market will pump slightly as I already told, it also depends upon the news.
So take profit and wait for the next best entry.
MischaaTheBull
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ur fib tracement is already wrong let alone the whole analysis lol 😆 🤣🤣🤣
hamza3246
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@dabeshlim, try to turn on the auto fib retracement indicator and then you'll find out if its wrong lol🤣
MischaaTheBull
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@hamza3246, ur answer already shows u don't know sh#t lol using auto tools?? hahaha noob
You have the check the news against the charts with this one,