Mika_k

Nio Long

NYSE:NIO   NIO INC
So it appears I was a bit off in my last call for nio . What I thought was the top, was really just the beginning of a larger move. As much as I would like to do some elaborate analysis, I think this is very simple. There is huge bullish momentum surrounding this stock. Huge.
I can see this going all the way up to 33 dollars.

On a more technical side, although we see crosses on the macd and an overbought Rsi , we have yet to see any divergence that would indicate a move downwards. I wish you all the best in this trade, and hope you can get in to make money. You'll hear from me again soon.

Comments

So you think maybe by some positive news like ( stimulus news), and NIO being on the top of a short squeeze list, this could fly to $33 by Thursday!!
+1 Reply
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