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StockBrosResearch

NIO forming a bull flag/pennant above break out zone

Long
NIO Inc. (NYSE:NIO)  
StockBrosResearch Updated   
NYSE:NIO   NIO Inc.
Trend Analysis Chart Patterns Technical Indicators NIO niolong electriccars longidea stockanalysis Bullish Flag Bullish Pennant tradeidea
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trendanalysis chartpattern indicator nio niolong electriccars longidea stockanalysis bullishflag bullishpennant tradeidea
NIO is forming a bull flag above a previous break out zone. The volume patterns are also bullish as there is higher volume on days where the stock closes higher rather than on red days. A break out of this flag can see NIO go to 24-25
Trade closed: target reached:
Blew past all targets.
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